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Azerbaijan’s PASHA Kapital owns over half of operations at Baku Stock Exchange

Finance Materials 6 February 2020 12:31 (UTC +04:00)
Azerbaijan’s PASHA Kapital owns over half of operations at Baku Stock Exchange

BAKU, Azerbaijan, Feb. 6

By Eldar Janashvili - Trend:

Azerbaijan’s PASHA Capital Investment Company owns the largest volume of operations on the Baku Stock Exchange (BSE), Trend reports referring to BSE’s statistics.

The volume of company's operations amounted to 460.7 million manat ($271 million) in January 2020, which is more than half of the total volume of operations on the BSE.

A little more than 30 percent or 259.3 million manat ($152.5 million) of the total amount accounted for the AzFinance Investment Company.

Companies

Volume of operations

Share from total operations

PASHA Capital

460.7 million ($271 million)

0.56

AzFinance

259.3 million ($152.5 million)

0.32

UniCapital

42.9 million ($25.2 million)

0.05

BTB Capital

29.6 million ($17.4 million)

0.04

Xalq Kapital

10.3 million ($6 million)

0.01

PSG Capital

9.1 million ($5.3 million)

0.01

Investment-AZ

25.1 million ($14.7 million)

0.003

Total

814.7 million ($479.2 million)

1

The total volume of operations of other investment companies did not exceed $100 million, and amounted to 94.6 million manat ($55.6 million). The share of five other investment companies in the total volume of operations amounted to 11.6 percent.

(1 USD = 1.7 AZN on Feb. 6)

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Follow the author on Twitter: @eldarjanashvili

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