Weekly turnover at Baku Stock Exchange exceeds 300M manats
Baku, Azerbaijan, Nov. 5
By Azad Hasanli - Trend:
Turnover at the Baku Stock Exchange (BSE) exceeded 303.9 million manats last week (Oct. 29-Nov. 4), according to the statistics published on the exchange’s website.
The biggest volume accounted for the placement of bonds of Azerbaijan’s Finance Ministry worth a total of 298.2 million manats. Transactions on these bonds were concluded at a price of 99.4004 manats each.
In the secondary market of the BSE, transactions were concluded on the bonds of Azerbaijan’s state oil company SOCAR, Finance Ministry and Azerbaijan Mortgage and Credit Guarantee Fund totaling 5.7 million manats.
Some 542,700 manats ($318,776) of this amount accounted for SOCAR US dollar bonds, slightly more than 3 million manats accounted for the mortgage bonds of the Azerbaijan Mortgage and Credit Guarantee Fund, and the remaining part accounted for the Finance Ministry’s bonds.
Last week, 4,886 transactions on shares worth 8,561.5 manats were concluded in the BSE secondary market.
(1.7 manats = 1 USD on Nov. 5)
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