ISTANBUL The Capital Markets Board ( SPK ) has approved its first initial public offering ( IPO ) in six months, turning attention to the more than 100 companies currently awaiting approval. Despite the Board’s cautious stance, corporate interest in going public remains strong. Only 12 companies have been approved for IPOs in the first eight months of the year. Experts suggest that if the market navigates September smoothly, investor appetite for IPOs may rebound, although SPK is expected to