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Azerbaijan Held Over 100 Auctions

Business Materials 17 April 2007 21:14 (UTC +04:00)

Azerbaijan, Baku/ Trend , corr. S. Babayeva/ Since January, 2007 through March, 2007, a total of 113 auctions were held by stocks operating in Azerbaijan, during which currency reserves, securities, real estate and products for production and technical purpose to the sum of AZN 789.4 mln. in total.

According to the State Statistics Committee, as compared with the corresponding period of 2006, the aggregate volume of turnover increased in 1.7 times.

In the reporting period, the Baku Inter-Bank Stock (BIBS) with the increase in the turnover by 54% and Baku Stock Exchange (BSEX) with the increase in 3.1 times distinguished with its quantity and volume of sales.

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