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Exchange Transactions’ Total Turnover at Baku Stock Exchnage Exceeds AZN 4bln in January-June

Business Materials 2 July 2008 12:33 (UTC +04:00)
Azerbaijan, Baku, 1 July / Trend / The total turnover of transactions on all instruments on Baku Stock Exchange made AZN 4,021.759mln over January-June of 2008. This indicator exceeds the same one for the analogous period of the last year by 267.79%.  97.87% of transactions fell to share of government securities.

It should be noted that the growth of the stock exchange activity was registered not in all segments of the organized securities market. In the sector of corporate securities reduction was observed. So, 45.3% decrease was observed on the equities primary market and 99.61% - in the sector of secondary market. 36.45% reduction was observed on T-bills placement market. The largest growth was observed on 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

(January-June, 2008)

Market segments

2008 (30.06.08)

2007 (30.06.07)

Percentage ratio

T-bills (AR MF) -  (placement)

125,025,752.90

84,822,637.56

147.40%

T-bills (AR MF) -  (secondary market)

16,194,394.92

11,882,352.46

136.29%

Notes (AR NB) - (placement)

944,027,512.34

712,683,150.34

132.46%

Notes (AR NB) - (secondary market)

249,148,298.00

114,338,419.34

217.90%

Repo operations

2,601,556,239.67

392,255,114.75

663.23%

Total GS

3,935,952,197.83

1,315,981,674.45

299.09%

Corporate bonds- (placement)

11,900,616.50

18,725,470.25

63.55%

Corporate bonds - (secondary market)

7,810,726.77

6,416,493.29

121.73%

Stocks - (placement)

65,940,800.20

120,554,388.92

54.70%

Stocks -

(secondary market)

154,721.20

40,180,651.11

0.39%

Total CS

85,806,864.67

185,877,003.57

46.16%

Total

4,021,759,062.50

1,501,858,678.02

267.79%

Abridgement:

T-bills - treasury bills

AR MF - Azerbaijan Republic Ministry of Finance

AR NB - Azerbaijan Republic National Bank

GS - government securities

CS- corporate securities

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