National Depository Centre of Azerbaijan: securities turnover for Jan-June 2012 exceeds AZN 230.323 million
Baku, Fineko/abc.az. The National Depository Center of Azerbaijan (NDCA) reports of grown turnover of the stock market in June 2012.
However, it is still far from the phenomenal growth rate of 2011 when turnover of domestic securities market exceeded the 2010 turnover 4.69 fold.
The Centre says that 371 deals with securities for totally AZN 61.393 million at par value were concluded in June 2012 against 416 deals for AZN 53.473 million in May, 499 deals for AZN 24.546 million in April, 635 deals for AZN 31.555 million in March, 253 deals for AZN 30.8 million in February, 150 deals for AZN 27.549 million in January 2012 and 478 deals for AZN 1.035 bn in December 2011 (best index for 2011). As a result, turnover for 2012 makes up AZN 230.323 million on 2.326 deals against AZN 2.4 bn on 4,992 deals for 2011.
This June it was concluded 26 deals for placement of shares for AZN 12.327 million, 330 stock-exchange deals for AZN 48.163 million and 15 ex-pit transactions for AZN 903.504.
For Jan-June 2012 placement totaled AZN 89.844 million on 103 deals, off-exchange operations – AZN 42.8 million on 374 deals, and operations on the stock exchange – AZN 85.962 million on 1,781 deals.
The December 2011 turnover consisted mainly of 15 deals for placing of shares for AZN 947.2 million.
It was concluded 253 stock exchange deals for AZN 78.71 million in December. Last December’s turnover on ex-pit transactions totaled AZN 9.981 million on 210 deals.
As a result in 2011 it was concluded 515 deals for placement of shares for AZN 1.878 bn, 3,496 stock-exchange deals for AZN 457.756 million and 1.081 ex-pit transactions for AZN 83.3 million.
In 2010, it was concluded 6,491 deals with securities in the overall amount of AZN 516.09 million at par value, including 275 deals for AZN 57.4 million in December.
In 2010 the operations consisted mainly of deals with additional issue of shares – 1,843 deals for AZN 316.1 million, including 17 deals for AZN 47.69 million in December. Turnover of 4,504 stock-exchange deals totaled AZN 165.89 million, including AZN 6.49 million on 274 deals in December. 182 ex-pit transactions were concluded for totally AZN 33.056 million, including 24 deals for AZN 3.219 million in December.
As of 1 July 2012 exchange rate of manat was AZN 0.7856 to the US dollar and in accord with it the nominal volume of the Jan-June 2012 securities turnover totaled $293.181 million versus $3.077 bn in 2011 and $646.812 million in 2010.
The turnover does not take into account the deals with securities of the Ministry of Finance and the Central Bank of Azerbaijan.
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