Baku, Azerbaijan, Jan. 11
By Azad Hasanli – Trend:
Unicapital investment company led the ranking of brokers in the Azerbaijani stock market by the end of 2017, the Baku Stock Exchange said in a message Jan. 11.
According to the message, the investment company rendered brokerage services worth 4.9 billion manats during the reporting period.
PASHA Capital ranked second with almost 4.76 billion manats.
PASHA Capital was followed by InvestAZ, which rendered services worth 2.97 billion manats.
Below is the ranking of brokers in Azerbaijan’s securities market in terms of services rendered in 2017:
Broker’s name |
Value of brokerage services (AZN) |
Broker’s current place in terms of services volume |
Unicapital |
4,928,361,772.64 |
1 |
PASHA Capital |
4,756,008,128.92 |
2 |
InvestAZ |
2,968,555,220.14 |
3 |
AzFinance |
2,135,322,296.46 |
4 |
Xalq Kapital |
573,781,572.26 |
5 |
PSG Kapital |
297,735,990.64 |
6 |
Capital Management |
53,258,857.95 |
7 |
(1.7001 AZN = $1 on Jan. 11)