Azerbaijan, Baku / Trend / The total turnover of transactions on all instruments on Baku Stock Exchange for the first time in the history of the national organized stock market exceeded AZN 3 bln (forecast for the whole of 2007) for January-September of 2007. So, while during the first 9 months of 2007 the exchange turnover was 863,291,750.72 manats, in the analogous period of the current year this figure reached 3,117,998,217.85 manats representing a 361.18% growth.
It should be noted that the growth of the stock exchange activity was registered in all segments of the organized securities market. The largest 11-time growth was observed on repo transactions. 91.66% of all transactions were carried out with state securities (see: the table below).
Comparative table on the results of auctions on all instruments on the BSE
|Market segments||2007 (30.09.07)AZN||2006 (30.09.06)AZN||Percentage ratio to 2006 year|
|T-bills (AR MF) - (placement)||160.419.715,38||61.676.376,84||260,10%|
|T-bills (AR MF) - (secondary market)||15.752.457,56||4.702.667,96||334,97%|
|Notes (AR NB) - (placement)||1.275.979.446,78||522.296.841,60||244,30%|
|Notes (AR NB) - (secondary market)||167.667.682,16||78.739.258,56||212,94%|
|Corporate bonds- (placement)||23.725.470,25||19.136.058,24||123,98%|
|Corporate bonds - (secondary market)||4.875.215,29||1.759.314,31||277,11%|
|Stocks - (placement)||175.964.223,80||59.538.484,00||295,55%|
|Stocks - (secondary market)||55.450.796,23||11.253.669,92||492,74%|