Türk Telekom, the country's dominant fixed-line operator, priced Turkey's biggest initial public offering near the top end of the range yesterday, highlighting improving market sentiment.

The offer was priced at TL4.6 per one hundred shares - against an indicative price of TL3.9 to TL4.7 -- valuing the 15 per cent of the company being sold at TL2.4bn ($1.9bn).