Azerbaijan, Baku, 2 May / Trend / The total turnover of transactions on all instruments in Baku Stock Exchange made AZN 2,836.634 mln for January-April 2008. This indicator exceeds the same one for the analogous period of the last year by 365.78%. 98.88% of transactions are government securities.
It should be noted that the growth of the stock exchange activities was registered not in all segments of the organized securities market. In the sector of corporate securities, reduction was observed. So, 71.01% and 93.89% decrease was observed in the equities primary and secondary market, correspondingly.35.49% reduction was observed on T-bills placement market. The largest growth was observed in the repo-operations market and Notes secondary market (see: the table below).
Comparative table on the results of auctions on all instruments on the BSE
|Market segments||2008 (31.04.08)AZN||2007 (31.04.07)AZN||Percentage ratio|
|T-bills (AR MF) - (placement)||85,369,528.54||33,619,685.86||253.93%|
|T-bills (AR MF) - (secondary market)||12,105,071.64||7,482,423.92||161.78%|
|Notes (AR NB) - (placement)||726,348,281.88||401,864,304.40||180.75%|
|Notes (AR NB) - (secondary market)||167,619,480.16||53,657,033.20||312.39%|
|Corporate bonds- (placement)||9,499,016.50||14,725,470.25||64.51%|
|Corporate bonds - (secondary market)||6,118,526.77||4,676,184.16||130.84%|
|Stocks - (placement)||16,190,500.00||55,844,641.40||28.99%|
|Stocks - (secondary market)||91,377.80||1,496,383.40||6.11%|