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
(January-September, 2007)
| 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% |
| Repo operations | 1.238.163.210,40 | 104.189.079,29 | 1188,38% |
| Total GS | 2.857.982.512,28 | 771.604.224,25 | 370,39% |
| 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% |
| Total CS | 260.015.705,57 | 91.687.526,47 | 283,59% |
| Total | 3.117.998.217,85 | 863.291.750,72 | 361,18% |