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Reduction in total amount of transactions on stock market of Azerbaijan

Business Materials 1 June 2009 20:17 (UTC +04:00)

Azerbaijan, Baku, June 1 / Trend /

The total volume of transactions for the period of January-May 2009 for all securities traded in Baku Stock Exchange was AZN 2,331.146 million. This amount is 32.48% lower than the same indicator for the corresponding period of last year.

The 93.45% out of the total volume made by the transactions with the government securities.

The main part of the fall comes from the government securities market. Particularly, the primary and secondary market of Notes were down by 75.98% and 70.37%, respectively. Moreover the volume of Repo transactions decreased by 28.09%. Overall the government securities market fell by 35.71%.

Although the primary market of corporate bonds fell by 99.08%, the overall corporate securities market increased for 2.37 times. Particularly, the secondary market of corporate bonds increased for more than 3.5 times.

The highest growth rate was observed in the secondary market of equities, which jumped 284 times. Additionally, the volume of primary market more than doubled during the mentioned period.

There is an increase in trading activity of both Treasury Bills' primary and secondary markets for 1.68 and 9.16 times, respectively.

Comparative table on the results of auctions on all instruments on the BSE

(January-May 2009)

Market segments

2009 (31.05.09)

2008 (31.05.08)

Percentage ratio

Volume of transactions,

AZN

Number of transactions

Volume of transactions,

AZN

Number of transactions

GB - (AR MF) (placement)

198,338,388.80

102

117,904,357.68

84

168.22%

GB - (AR MF) (secondary market)

135,498,543.04

70

14,786,209.52

19

916.38%

Notes (AR CB) - (placement)

201,885,564.12

117

840,617,778.08

314

24.02%

Notes (AR CB) - (secondary market)

65,785,072.32

37

222,056,611.64

167

29.63%

Repo operations

1,576,890,201.65

336

2,192,794,575.42

702

71.91%

Total GS

2,178,397,769.93

662

3,388,159,532.34

1,286

64.29%

Corporate bonds- (placement)

97,500.00

7

10,600,616.50

22

0.92%

Corporate bonds - (secondary market)

26,373,684.40

16

7,518,550.77

41

350.78%

Stocks - (placement)

97,037,498.60

230

46,032,916.83

74

210.80%

Stocks -

(secondary market)

29,239,819.60

1,260

102,839.00

198

28432.62%

Total CS

152,748,502.60

1,513

64,254,923.10

335

237.72%

Total

2,331,146,272.53

2,175

3,452,414,455.44

1,621

67.52%

Official rate on May 1 is 0.8035 AZN/USD

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