The board of Baku Stock Exchange is drawing the report on the totals of half-year activity for submission to the Advisory Council, said Anar Akhundov, president, BSE. The further commissions policy, he said, will be defined based on the exchange operation analysis.
В"Based on consultations with stock exchange shareholders, Advisory Council shall decide on further commercialization of stock exchange operation regarding softening commissions regime for stock marketВ", Akhundov said.
Akhundov says positive results had been achieved at stock market in the first half-year. Total stock exchange turnover rose in 3.52 times and amounted 440.4mln manat. Average daily turnover grows as well, in January-June 2006 it amounted 3.7mln manat, compared to 1.008mln manat last year.