Azerbaijan, Baku, July 2 / Trend /
The total volume of transactions for the period of January-June 2009 for all securities traded in Baku Stock Exchange was 2 502.73 million manat. This amount is 37.79 percent lower than the same indicator for the corresponding period of last year, the exchange said on July 2.
The 93.02 percent 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 76.92percent and 73.60percent, respectively. Moreover the volume of Repo transactions decreased by 36.77percent. Overall the government securities market fell by 40.86percent.
The overall corporate securities market increased for 2.01 times. Particularly, the secondary market of corporate bonds increased for more than 3.8 times.
The highest growth rate was observed in the secondary market of equities, which jumped 237 times. Additionally, the volume of primary market for equities and bonds increased by 49.80percent and 26.86percent, respectively.
There is an increase in trading activity of both Treasury Bills' primary and secondary markets for 2.07 and 8.6 times, respectively
Comparative table on the results of auctions on all instruments on the BSE
(January-June 2009)
Market segments |
2009 (30.06.09) |
2008 (30.06.08) |
Percentage ratio |
||
Volume of transactions, AZN |
Number of transactions |
Volume of transactions,
AZN |
Number of transactions |
||
GB - (AR MF) (placement) |
260 007 253.14 |
143 |
125 025 752.90 |
102 |
207.96% |
GB - (AR MF) (secondary market) |
139 423 136.70 |
74 |
16 194 394.92 |
24 |
860.93% |
Notes (AR CB) - (placement) |
217 871 863.12 |
131 |
944 027 512.34 |
368 |
23.08% |
Notes (AR CB) - (secondary market) |
65 785 072.32 |
37 |
249 148 298.00 |
188 |
26.40% |
Repo operations |
1 644 841 375.16 |
404 |
2 601 556 239.67 |
843 |
63.23% |
Total GS |
2 327 928 700.44 |
789 |
3 935 952 197.83 |
1 525 |
59.15% |
Corporate bonds- (placement) |
15 097 500.00 |
15 |
11 900 616.50 |
38 |
126.86% |
Corporate bonds - (secondary market) |
29 790 733.40 |
18 |
7 810 726.77 |
57 |
381.41% |
Stocks - (placement) |
100 461 844.60 |
392 |
67 065 800.20 |
291 |
149.80% |
Stocks - (secondary market) |
29 447 875.10 |
1 523 |
123 827.80 |
217 |
23781.31% |
Total CS |
174 797 953.10 |
1 948 |
86 900 971.27 |
603 |
201.15% |
Total |
2 502 726 653.54 |
2 737 |
4 022 853 169.10 |
2 128 |
62.21% |
Abbreviations:
GB - Government bonds
AR MF - Ministry of Finance of Azerbaijan Republic
AR CB - Central Bank of Azerbaijan Republic
GS - government securities
CS- corporate securities
On July 2, the official exchange rate is 0.8042 manat to $1.