Baku Stock Exchange's turnover for Jan-Nov showed double annual rise

13:04 - 18.12.2017


December 18, Fineko/abc.az. Baku Stock Exchange's turnover has doubled for the past 11 months of 2017 compared to the 2016 same term.

The BSE reported that over Jan-Nov of the year its turnover on all financial instruments reached AZN 11.6 million on 79,996 transactions.

The derivatives kept the status of the driver of growth by 1 December - for Jan-Nov 2017 their turnover totaled AZN 5.158 million on 76,742 transactions. This indicator exceeds the last year’s figure by 25%.

In 2016 the BSE turnover amounted to AZN 5.696 bn on 48,729 transactions versus AZN 8.455 bn on 53,367 transactions in 2015. The driver was derivatives, whose volume fell by 28.3%. In 2016, they formed the basis of the BSE turnover – AZN 4.44 bn on 45,833 deals versus AZN 6.19 bn on 48,814 transactions in 2015.

 

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