Transactions worth over 31M manat concluded at Baku Stock Exchange

Transactions worth over 31M manat concluded at Baku Stock Exchange

Baku, Azerbaijan, Oct. 10

By Azad Hasanli - Trend:

Recently, the Baku Stock Exchange carried out operations with securities totaling more than 31 million manats.

The main share of operations fell on the placement of bonds of Azerbaijan;s Finance Ministry worth 30.5 million manats.

In total, over 300,000 bonds were sold - 49,113 bonds worth 4.9 million manats were purchased at a price of 101.8035 manat per bond, 245,932 bonds worth 25 million manats at a price 101.8365 manats, 5,000 bonds worth 500,900 manats at a price of 100.1817 manats.

As part of repo transactions with the bonds of the Ministry of Finance, transactions worth one million manats were concluded.

In the secondary market, market participants concluded 626 deals for 1,092 manats. Shares of Baki Sernisin OJSC, Balakan Cannery, Meiset Mallari OJSC, Baki-ANM OJSC and AZMETKO OJSC participated in the deals.

In the secondary bond market, three deals were concluded on the dollar bonds of the Azerbaijani state oil company SOCAR for a total amount of $3,033.6.

Bonds were purchased at a price of $1,011.2 each.

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Follow the author on Twitter: @AzadHasanli

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