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Pasha Capital accounts for nearly half of operations at Baku Stock Exchange

Finance Materials 13 December 2019 18:00 (UTC +04:00)
Pasha Capital accounts for nearly half of operations at Baku Stock Exchange

BAKU, Azerbaijan, Dec. 13

By Eldar Janashvili – Trend:

The biggest volume of operations on the Baku Stock Exchange (BSE) accounted for the share of PASHA Capital investment Company, Trend reports referring to the BSE.

The volume of the company's operations amounted to 7.8 billion manat ($4.5 billion) from January through November 2019, which is almost 50 percent of the total volume of operations on the exchange.

Less than one fourth of the total amount accounted for the share of AzFinance investment company in the amount of 3.6 billion manat ($2.1 billion).

The volume of operations of Xalq Kapital - 1.6 billion manat ($943.1 million) and Investment-AZ - 1.2 billion manat ($707.3 million) also exceeded one billion manat ($589.4 million). Their share in the total volume of operations amounted to 10 percent and 8.1 percent, respectively.

Three other investment companies (UniCapital, PSG Kapital, BTB Capital) in total also implemented operations worth more than one billion manat ($589.4 million).

Companies

Volume of operations (manat)

Share out of total volume of operations

PASHA Capital

7,836,583,750

0.498557

AzFinance

3,640,057,060

0.231578

Xalq Kapital

1,620,430,382

0.10309

Investment-AZ

1,275,873,872

0.08117

UniCapital

609,876,560

0.0388

PSG Kapital

475,012,729

0.03022

BTB Capital

260,691,483

0.016585

Total

15,718,525,836

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Follow the author on Twitter: @eldarjanashvili

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