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Turnover of Currency Section of BSEX Increased Over the past 11 Months

Business Materials 2 December 2006 11:47 (UTC +04:00)

In November, 2006, the turnover of BSEX on operations with USD made up 147,474 mln. AZN ($169,022 mln.), a source in BSEX told Trend. In comparison with October, 2006, the volume of operations in the currency section of BSEX reduced by 7,18%. As results of the past 11 months, the turnover of the currency section of BSEX reached 1303,566 mln. AZN ($1468 mln.), that on 33,3% or 325,6 mln. AZN more against the corresponding period of the last year. On November, 2006, 40 trade sessions were held and 107 deals were registered in the Stock Electronic Trade System (BEST). The volume of trade operations in the currency section of BSEX in the reporting month reached 147,508 mln. AZN.

The leading banks-operators of the stock market of foreign currencies in the last months were IBA (International Bank of Azerbaijan), Bank Standard, Azerigazbank, and UniBank. The share of IBA in the total volume of deals with currency was 45,35%, 18,08% - Bank Standard , 11,51% - Bank of Baku, 6,98% Azerigazbank, 6,25% 0 UniBank. Totally 20 banks-members of the BSEX currency section took part in stock deals in November, 2006.

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