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Azerbaijani stock market increases by over half for year

Business Materials 3 July 2012 20:25 (UTC +04:00)

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

The total turnover of transactions on all trading areas of the Baku Stock Exchange (BSE) in January - June 2012 amounted to 5.748 billion manat, increasing by 54.3 percent compared to the same period in 2011, the exchange said on Tuesday.

Such an increase in the stock market is provided due to increase in the market of government securities by 63.62 percent, while corporate securities market decreased by 49.08 percent.

The government securities market reached 5.59 billion manat. It is due to increase in repo transactions by 80.78 percent and increase in transactions with Central Bank notes by 25.25 percent.

Reduction in the corporate securities market, whose volume amounted to 156.2 million manat in January-June is due to decrease of transactions in corporate bonds by over half.

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

Market segments

30.06.2012

30.06.2011

Percentage ratio

The volume of transactions,

AZN

The number of transactions

The volume of transactions

AZN

The number of transactions

Corporate bonds (placement)

32 185 335,00

53

72 080 584,00

48

44,65%

Corporate bonds (secondary market)

83 782 802,71

32

176 689 238,85

49

47,42%

Shares (placement)

35 451 602,55

47

53 549 232,00

81

66,20%

Shares (secondary market)

4 780 883,77

1 810

4 455 273,50

1 624

107,31%

The market of corporate securities, the amount of

156 200 624,03

1 942

306 774 328,35

1 802

50,92%

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

Market segments

30.06.2012

30.06.2011

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)

35 753 471,07

15

173 869 168,77

103

20,56%

GB Ministry of Finance (secondary market)

1 325 851,92

2

20 224 687,58

20

6,56%

Notes (CBA) - (placement)

604 249 270,36

145

482 453 357,93

172

125,25%

Notes (CBA) - (secondary market)

12 486 939,02

8

9 555 687,77

5

130,68%

Repo transactions

4 938 350 331,89

659

2 731 753 699,47

605

180,78%

Market for government securities, total

5 592 165 864,26

829

3 417 856 601,52

905

163,62%

The official exchange rate is 0.7856 AZN to $1 on July 3.

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