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Most operations on Baku Stock Exchange account for one investment company

Finance Materials 7 May 2020 15:42 (UTC +04:00)
Most operations on Baku Stock Exchange account for one investment company

BAKU, Azerbaijan, May 7

By Eldar Janashvili - Trend:

Azerbaijan’s PASHA Capital Investment Company has 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 April 2020 increased by 37.4 percent and amounted to 2.9 billion manat ($1.7 billion), which is by 67.5 percent more than the total volume of operations on the BSE.

A little more than 15.5 percent (657.9 million manat or $387 million) of the total amount accounted for AzFinance investment company. Its volume of operations for the month increased by 14.3 percent.

About 3 percent or 257.02 million manat ($151.2 million) accounted for UniCapital investment company. Its volume of operations for the month increased by 44.8 percent.

The total volume of operations of other investment companies reached 455.6 million manat ($268 million). The total share of four other investment companies in the total volume of operations amounted to 10.8 percent.

The total volume of operations of the Azerbaijani investment companies for the month increased by 36.5 percent and amounted to 4.2 billion manat ($2.5 billion).

Name of company

Volume of operations (in manat)

Share of the total volume of operations (in %)

Pasha Capital CJSC

2.8 billion ($1.6 billion)

67.61

AzFinance investment company

657.9 million ($387 million)

15.55

UniCapital investment company

257.01 million ($151.2 million)

6.07

InvestAZ investment company

159.1 million ($93.6 million)

3.76

BTB Capital investment company

138.04 million ($81.2 million)

3.26

Xalq Capital investment company

118.7 million ($69.8 million)

2.81

PSG Kapital investment company

39.8 million ($23.4 million)

0.94

Total:

4.2 billion ($2.5 billion)

100

(1 USD = 1.7 AZN on May 7)

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