Freedom Holding is trading 4.52% up now at $166.34 after its Turkish subsidiary, Freedom Yatırım, received an operating license from Türkiye’s Capital Markets Board.
- The authorization makes it the first broadly authorized foreign brokerage firm to receive such a license in Türkiye since 1992.
- Freedom Holding plans initial annual investments of $10–20 million in Turkish brokerage operations.
- Broader markets are weaker, suggesting the license is the clearest explanation for the outperformance.