Azerbaijan, Baku / Trend corr. I.Khalilova / The Baku Stock Exchange Company (BSEC) commenced defining instruments for establishment of stock exchange indexes of Azerbaijan through the technical assistance of the Warsaw Stock Exchange (WSE), Khayal Abdinov the Chairman of BSEC management said. Two indexes may be established on state and corporative securities.
Establishment of the first stock exchange index will be implemented at the beginning of 2008, Abdinov said.
The WSE's experts visited Baku and held workshops for Azerbaijani partners to share with them their international experience.
The agreement between the Warsaw and Azerbaijani Sock Exchange companies was signed using a memorandum on long-term cooperation in June 2007.