Daily turnover at Baku Stock Exchange exceeds 300M manats

Business Materials 1 November 2018 10:29 (UTC +04:00)

Baku, Azerbaijan, November 1

By Azad Hasanli - Trend:

The turnover of securities at the Baku Stock Exchange on October 31 amounted to 301.5 million manats, as appears from the statistics published on the website of the exchange.

The notes of the Central Bank of Azerbaijan worth 298.2 million manats were placed within 24 hours. The deals were concluded at a price of 99.4004 manats per note.

The transactions on bonds were also made in the secondary market the day before. The daily volume of trade in bonds on the stock exchange amounted to 3.33 million manats.

During the day, the transactions were concluded on manat bonds of the Azerbaijan Mortgage and Credit Guarantee Fund (3.02 million manats) and US dollar bonds of the Azerbaijani state company SOCAR (318,760 manats).

The transactions on mortgage bonds were concluded at a price of $ 1,005.3399 per bond, and the transactions on dollar bonds of SOCAR - at a price of $ 1,019 per bond.

The official exchange rate on November 1 is 1.7 AZN / USD.


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