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Azerbaijan Stock Exchange Organized Over 600 Auctions in 2006

Business Materials 18 January 2007 16:49 (UTC +04:00)

The stock exchanges operating in Azerbaijan organized 604 auctions in 2006. Currency reserves, securities, immovable property, and production-technically oriented goods to the total sum of 3071,1 mln. AZN were sold out during these actions.

Trend reports referring to the State Statistics Committee, that in comparison with the corresponding figures of 2005, the total volume of turnover in 2006 increased in 2,3 times.

According to the number and the volume of the sales, BSEX (Baku Stock Exchange) showed its activity with the increase of the turnover in 2,2 times. It sold USD to the sum of 1160,4 mln. AZN, EUR вЂ" to the sum of 497 thousand. AZN, RR - 24,8 thousand AZN. The growth of sales of securities at BSEX reached 2,7 times.

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