Baku Stock Exchange’s turnover more than doubled for year


October 25, Fineko/abc.az. The turnover of the Baku Stock Exchange (BSE) for Jan-Sept 2018 amounted to AZN 17.424 bn versus AZN 7.928 bn for Jan-Sept 2017.

The BSE report says that Exchange’s turnover increased 2.2-fold this year.

"The number of transactions has risen from 59,817 up to 80,879. Transactions with government securities accounted for AZN 9.64 bn, including Finance Ministry’s bonds placed for AZN 8.88.319 million and Central Bank’s short-term notes for AZN 8.833 bn," the BSE report says.

The share market in the BSE total turnover made up AZN 141.97 million, the share of debt instruments of the securities market totaled AZN 521.34 million. The share of repo operations for the reporting period amounted to AZN 545.585 million and the market of subsidiary instruments AZN 6.57 bn.