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Most of operations on Baku Stock Exchange account for one investment company

Finance Materials 9 March 2020 15:36 (UTC +04:00)
Most of operations on Baku Stock Exchange account for one investment company

BAKU, Azerbaijan, March 9

By Eldar Janashvili – Trend:

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

The amount of the company's operations in February 2020 amounted to 940.8 million manat ($553.4 million), which is more than half of the total volume of operations on the BSE.

A little more than 22 percent (342.6 million manat that’s $201.5 million) of the total amount accounted for AzFinance investment company. About seven percent or 113.2 million manat ($66.5 million) accounted for Unicapital investment company.

The total volume of operations of other investment companies did not exceed $150 million, amounting to 147.1 million manat ($86.5 million). The total share of four other investment companies in the total volume of operations amounted to 9.5 percent.

Name of company

Volume of operations (in manat)

Share of the total volume of operations (in%)

PASHA Capital Investment Company

940, 804, 615.00

60.9

AzFinance investment company

342, 643, 760

22.2

Unicapital investment company

113, 187, 351

7.3

Invest -AZ Company

55, 821, 594

3.6

BTB Capital Investment Company

47,363, 569

3.1

Xalq Capital Investment Company

26,159, 539

1.7

PSG Capital Investment Company

17, 792, 206

1.1

1, 543, 772, 634

100

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Follow the author on Twitter: @eldarjanashvili

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