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Azerbaijan's stock market increases by over third

Business Materials 1 November 2012 17:56 (UTC +04:00)

Azerbaijan, Baku, Nov. 1 / Trend A. Akhundov /

The total turnover of transactions on all instruments on Baku Stock Exchange (BSE) for January-October 2012 totaled 8.25 billion manat, or by 35.71 percent more compared to the same period of 2011, BSE said today.

Such an increase in stock market in the country is ensured by increasing the state securities market by 37.57 percent, while the corporate securities market increased by 18.47 percent.

The state securities market reached 7.56 billion manat influenced by the increase in repo transactions by 42.55 percent and growth of operations with the notes of the Central Bank by 37.72 percent.

The increase in the corporate securities market is explained by the increase in placing the shares by 4.24 times. The volume of the corporate securities market was 687.76 million manat in January-October.

Comparative table on the results of trades on corporate sector at BSE (January-October 2012)

Market segments

Oct. 31, 2012

Oct. 31, 2011

Percentage ratio

Volume of transactions, AZN

Number of deals

Volume of transactions, AZN

Number of deals

Corporate bonds- (placement)

37 535 335,00

72

133 607 075,46

77

28,09%

Corporate bonds - (secondary market)

285 264 342,71

104

355 154 749,07

87

80,32%

Stocks - (placement)

354 986 325,77

207

83 703 599,10

119

424,10%

Stocks -

(secondary market)

9 970 172,94

2 850

8 043 696,96

2 940

123,95%

CS Market Total

687 756 176,42

3 233

580 509 120,59

3 223

118,47%

Comparative table on the results of trades on state sector at BSE (January-October 2012)

Market segments

Oct. 31, 2012

Oct. 31, 2011

Percentage ratio

Volume of transactions, AZN

Number of deals

Volume of transactions, AZN

Number of deals

GB - (AR MF) (placement)

90 520 502,37

47

210 444 668,77

115

43,01%

GB - (AR MF) (secondary market)

18 146 719,85

15

39 563 251,84

40

45,87%

Notes (AR CB) - (placement)

771 824 818,01

193

560 442 611,95

232

137,72%

Notes (AR CB) - (secondary market)

12 486 939,02

8

9 555 687,77

5

130,68%

Repo operations

6 669 760 155,49

905

4 679 022 462,21

1 091

142,55%

GS Market Total

7 562 739 134,74

1 168

5 499 028 682,54

1 483

137,53%

Abbreviations:
- GB - government bonds,
- GS - government securities,
- CB - corporate bonds,
- CS - corporate securities.

The official exchange rate is 0,7849 AZN/USD on Nov. 1.

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