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Azerbaijani stock market increases by 60 percent

Business Materials 3 April 2012 20:08 (UTC +04:00)
The total turnover of transactions on all trading areas of the Baku Stock Exchange (BSE) in first quarter of 2012 amounted to 2.679 billion manat, increasing by 61.78 percent compared to the same period in 2011, the exchange said in a statement issued on Tuesday.
Azerbaijani stock market increases by 60 percent

Azerbaijan, Baku, April 3 /Trend A.Akhundov /

The total turnover of transactions on all trading areas of the Baku Stock Exchange (BSE) in first quarter of 2012 amounted to 2.679 billion manat, increasing by 61.78 percent compared to the same period in 2011, the exchange said in a statement issued on Tuesday.

The increase in the stock market is provided due to increase in the market of government securities by 72.42 percent, while corporate securities market decreased by 67.98 percent.

The government securities market reached 2.626 billion manat. It is due to increase in repo transactions by 95.25 percent and increase in transactions with Central Bank notes.

Reducing of the corporate securities market, which volume amounted to 53.69 million manat in January-March is due to decrease of transactions in corporate bonds by 73.95 percent.

Comparative table on the end of trading on the BSE in the corporate sector (January - March 2012):

Market segments

31.03.2012

31.03.2011

Percentage ratio

The volume of transactions,AZN

The number of transactions

The volume of transactions,AZN

The number of transactions

Corporate bonds (placement)

12 370 335,00

14

39 659 251,99

28

31,19%

Corporate bonds (secondary market)

24 313 096,36

14

101 170 652,17

31

24,03%

The corporate bond market, total

36 683 431,36

28

140 829 904,16

59

26,05%

Shares (placement)

16 565 800,00

18

24 514 694,00

54

67,57%

Shares (secondary market)

440 832,51

791

2 331 892,92

741

18,90%

Market share, total

17 006 632,51

809

26 846 586,92

795

63,35%

The market of corporate securities, the amount of

53 690 063,87

837

167 676 491,08

854

32,02%

Comparative table on the end of trading on the BSE on the government sector (Jan - March 2012)

Segments of market

31.03.2012

31.03.2011

Percentage ratio

The volume of transactions,AZN

The number of transactions

The volume of transactions,AZN

The number of transactions

GB Ministry of Finance - (placement)

0,00

0

76 808 348,63

47

-

GB Ministry of Finance (secondary market)

663 315,84

1

11 018 195,05

13

6,02%

GB market total,

663 315,84

1

87 826 543,68

60

0,76%

Notes (CBA) - (placement)

294 564 796,09

76

208 776 212,08

74

141,09%

Notes (CBA) - (secondary market)

4 079 646,24

2

250 095,92

1

1631,23%

Notes market total

298 644 442,33

78

209 026 308,00

75

142,87%

Repo transactions

2 326 351 022,15

330

1 191 481 903,88

225

195,25%

Market for government securities, total

2 625 658 780,32

409

1 488 334 755,56

360

176,42%

The official exchange rate on April 3 is 0.7863 AZN/USD

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