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Azerbaijani secondary stock market grows by 200 times

Business Materials 5 August 2009 13:12 (UTC +04:00)

Azerbaijan, Baku, Aug.5 / Trend /

In January to July 2009 the transactions with all securities traded in Baku Stock Exchange amounted to 2.66 million manat.

The overall corporate securities market increased by 89.68 percent. Particularly, the secondary market of corporate bonds increased for more than 3.6 times.

The highest growth rate was observed in the secondary market of equities, which jumped twice. The primary market of equities and bonds increased by 75.06 percent.

An increase in trading activity of both Treasury Bills' primary and secondary markets was 1.6 and 5.5 times, respectively

Comparative table of trading sessions at the BSEX on corporate sector

(In January to July 2009)

Market segments

2009 (31.07.09)

2008 (31.07.08)

Percentage ratio

Volume of transactions,

AZN

Number of transactions

Volume of transactions,

GB - (AR MF) (placement)

26,704,313.03

31

32,200,616.50

41

82.93%

GB - (AR MF) (secondary market)

33,207,686.60

19

9,185,541.77

67

361.52%

Total GS

59,911,999.63

50

41,386,158.27

108

144.76%

Notes (AR CB) - (placement)

128,620,247.40

1,264

73,472,713.40

350

175.06%

Notes (AR CB) - (secondary market)

29,607,155.74

1,824

147,322.60

265

20096.82%

Stocks - (placement)

158,227,403.14

3,088

73,620,036.00

615

214.92%

Market of CS, in total

218,139,402.77

3,138

115,006,194.27

723.00

189.68%

Comparative table of trading sessions at the BSEX on government sector

(In January to July 2009)

Market segments

2009 (31.07.09)

2008 (31.07.08)

Percentage ratio

Volume of transactions,

AZN

Number of transactions

Volume of transactions,

GB (AR MF) - (placement)

286,379,871.06

164

170,537,159.08

131

167.93%

GB (AR MF) - (secondary market)

139,423,136.70

74

25,274,071.74

36

551.64%

BG in total

425,803,007.76

238

195,811,230.82

167

217.46%

NOTEs (AR CE) (placement)

229,767,538.86

137

1,081,778,083.54

474

21.24%

NOTEs (AR CE) - (secondary market)

66,880,124.52

38

324,779,587.94

243

20.59%

NOTEs in total

296,647,663.38

175

1,406,557,671.48

717

21.09%

Repo operations

1,718,793,035.03

412

3,275,984,474.67

1,039

52.47%

GS market in total

2,441,243,706.17

825

4,878,353,376.97

1,923

50.04%

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

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