In January Baku Stock Exchange’s turnover drops by 87%
Baku, Fineko/abc.az. The volume of transactions of the Baku Stock Exchange (BSE) for January 2010 exceeded $175.185 million (at the rate of 1 February (AZN 0.8035 to the US dollar) and totaled 4.2% of the 2009 turnover.
BSE informs that in January overall turnover made on all instruments AZN 140.761 million that is by 87.05% less versus the index of January 2009.
Over all 2009 turnover made AZN 3.323 bn and the largest volume of turnover in 2009 was registered in January (AZN 1.086 bn).
In January, 2010, 85.8% of transactions fell on public securities.
In 2008, the BSE overall turnover on all instruments reached AZN 9.519 bn ($11.88 bn) that exceeds the 2007 index by 173.39%. For comparison: BSE turnover for 2007 totaled AZN 5.48 bn ($6.487 bn) that is by 394.94% more versus the 2006 figures.
Comparative table on the results of trades of Corporate Securities at BSE (January 2010)
Market segments
2010 (31.01.10)
2009 (31.01.09)
Percentage ratio
Volume of transactions, AZN
Number of transactions
Volume of transactions, AZN
Number of transactions
Corporate bonds – (placement)
6,015,501.01
8
0.00
0
-
Corporate bonds – (secondary market)
11,093,085.29
3
2,139,135.00
4
518.58%
CBs Total
17,108,586.30
11
2,139,135.00
4
799.79%
Stocks – (placement)
1,500,000.00
2
71,256,430.00
25
2.11%
Stocks – (secondary market)
1,438,724.68
178
20,854,646.60
163
6.90%
Stocks Total
2,938,724.68
180
92,111,076.60
188
3.19%
CS Market Total
20,047,310.98
191
94,250,211.60
192.00
21.27%
Comparative table on the results of trades of Government Securities at BSE (January 2010)
Market segments
2010 (31.01.10)
2009 (31.01.09)
Percentage ratio
Volume of transactions, AZN
Number of transactions
Volume of transactions, AZN
Number of transactions
GB - (AR MF) - (placement)
13,963,680.08
8
33,733,923.62
22
41.39%
GB - (AR MF) - (secondary market)
1,607,391.28
3
23,887,126.26
20
6.73%
GB Total
15,571,071.36
11
57,621,049.88
42
27.02%
Notes (AR CB) – (placement)
13,589,882.97
7
100,739,761.42
42
13.49%
Notes (AR CB) – (secondary market)
0.00
0
24,733,082.10
15
0.00%
Notes Total
13,589,882.97
7
125,472,843.52
57
10.83%
Repo operations
91,553,498.94
75
809,250,798.82
118
11.31%
GS Market Total
120,714,453.27
93
992,344,692.22
217
12.16%
Abbreviations: GB - government bonds GS – government securities CB– corporate bonds CS– corporate securities AR MF – Ministry of Finance of Azerbaijan Republic AR CB – Central Bank of Azerbaijan Republic