Baku Stock Exchange aims to attract ‘blue chip’ firms to stock exchange listing
Azerbaijan, Baku, Nov.11 / Trend /
A working group involved in the identification of a fair market price and formation of 'blue chip' companies along with the attraction of new companies to the BSE's listing will be established at the Baku Stock Exchange (BSE), the BSE said on Friday.
"Such a decision was taken at a regular meeting between the management of the BSE and representatives of broker companies operating in the country's securities market," the report says.
The meeting was held on Nov.4. Discussions took place on the identification of a fair market price on the local securities market. The parties also exchanged views on the issues of dissemination of information about 'over the counter' transactions and disclosure of company reports included in the unquoted market of the stock exchange on the official BSE website.
The meeting was attended by broker companies such as Standard Capital, Texnika Kapital Menecment, Çelsi Kapital, YapıKredi İnvest and Caspian Financial.