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242 AUCTIONS WERE HELD AT STOCK EXCHANGES OF AZERBAIJAN

Business Materials 27 July 2005 15:40 (UTC +04:00)

In the first half-year of 2005, 242 auctions have been held at the stock exchanges of Azerbaijan, resulting in realization of currency reserves, securities, immovables and production and technical produce for 2 615 billion manats.

The Baku Stock Exchange (BSE) and the Baku Interbank Currency Exchange (BICE) take a special place in the total volume of the auctions held, as 145 auctions were held at the Р'ICE for 1 865 billion manats.

The securities were sold at BSE for 588,5 billion manats, which is by 8% more of the last year similar period. Sales of production and technical produce and immovables have somewhat reduced at the Commodity Exchange.

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