DYNAMICS OF CHANGES IN SOME ECONOMIC SEGMENTS
Futures oil prices dropped on 7 July despite they beat historic record in the beginning of the trading sessions. The same day new absolute record of prices of Light Sweet oil was fixed at $62.10 per barrel, while Brent oil вЂ" $60.70 per barrel. However, the last blasts in London broke the record rise of prices and the trading day ended with their gradual fall.
The trading day started with a new record increase of prices of oil futures on 7 July, while by mid-day the situation in the market has changed sharply. After the announcement on the tragic events in London the prices fell 7% in average. The terror attacks on London cut the passenger transportation. The participants of the market were afraid of cut in the cargo and passenger transportation in the summer season. However, the analysts came to a conclusion that the tragedy in London will not have a long impact on the oil market.
Last week rates of Azerbaijani manat remained unchanged in regard to US dollar and 4704 manats.
Euro rates started the week at 5601.99 manats per euro, and completed at 5615.87. Thus, it lost 13.88 points. The difference between the maximal and minimal indices was the same.
Last week official rate of AZM in regard to USD dropped every day at BBVB, while maximal difference between the rates made up 2 points.
Aggravate amount of trading sessions (BEST) at BICEX comprised US $8,633m last week. Average daily deals constituted US $2.15825m. Maximal rates were fixed on 5 July, comprising US $5.905m. Strong fluctuations were not peculiar to last week dynamic of trading sessions.
The prices of privatization shares remained unchanged.