No need for foreign investors in Azerbaijani stock market - Xalq Kapital

Business Materials 9 October 2018 20:26 (UTC +04:00)

Baku, Azerbaijan, Oct. 9

By Taleh Mursagulov – Trend:

The Azerbaijani stock market does not need foreign investors, executive director of Xalq Kapital, an investment company, Tural Bayramov told Trend on Oct. 9.

“Azerbaijan has a great potential for the development of the stock market,” he added.

“There is a rather high activity of local investors in the Azerbaijani stock market and there is a high demand for bonds and notes at the Baku Stock Exchange."

He also stressed that the Baku Stock Exchange’s financial instruments are liquid.

(1.7 manats = $1 on Oct. 9)