Azerbaijan’s stock market increases 2.5 times during year

Photo: Azerbaijan’s stock market increases 2.5 times during year / Business News

Baku, Azerbaijan, June 10

By Zulfiyya Qurbanova - Trend:

The total turnover of transactions on all instruments on the Baku Stock Exchange (BSE) in January-May 2014 totaled 5.996 billion manats, or 2.5 times more compared to the same period of 2013, BSE said on June 10.

The volume of the state securities market hit 3.96 billion manats (a 79.4 percent growth) in May and the turnover of corporate securities market hit 2.04 billion manats (a 9.2 times increase).

Comparative table on the results of trades on corporate sector at BSE (Jan.-May 2014):

Market segments

As of May 31, 2014

As of May 31, 2013

Percentage ratio

Volume of transactions. (manat)

Number of deals

Volume of transactions. (manat)

Number of deals

Corporate bonds- (placement)

986 303 740.00

42

26 812 001.00

36

3678,59%

Corporate bonds - (secondary market)

330 196 441.32

114

42 733 224.71

56

772.69%

Stocks - (placement)

719 201 022.60

533

147 670 667.10

157

487.03%

Stocks -(secondary market)

1 749 295.03

1 630

3 593 042.79

1 573

48.69%

CS Market Total

2 037 450 498.95

2 319

220 808 935.60

1 822

922.72%

Comparative table on the results of trades on state sector at BSE (Jan.-May 2014):

Market segments

As of May 31, 2014

As of May 31, 2014

Percentage ratio

Volume of transactions (manat)

Number of deals

Volume of transactions (manat)

Number of deals

GB - (AR MF) (placement)

44 097 097.20

15

28 538 243.24

17

154.52%

GB - (AR MF) (secondary market)

10 725 700.90

8

8 933 627.52

3

120.06%

Notes (AR CB) - (placement)

99 923 373.40

33

164 947 425.88

63

60.58%

Notes (AR CB) - (secondary market)

292 815 909.11

21

43 955 612.02

4

666.16%

Repo operations

3 511 240 467.51

285

1 960 852 780.61

176

179.07%

CS Market Total

3 958 802 548.12

362

2 207 227 689

263

179.36%

Abbreviations:

- GB - government bonds,
- GS - government securities,
- CB - corporate bonds

- CS- corporate securities

The official exchange rate is 0.7842 AZN/USD on June 9.

edited by CN

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