BAKU, Azerbaijan, September 8. The turnover of securities on the Baku Stock Exchange (BSE) from January through August 2023 exceeded 12 billion manat ($7 billion), which is 49.69 percent more year-on-year, Trend reports.
The share of government securities in the total turnover amounted to 39.87 percent to 5 billion manat ($2 billion).
As a result, the trading volume in the primary market of corporate securities increased by 28 percent compared to the corresponding period of the previous year, and in the secondary market of corporate securities - by 72 percent, in repo operations - by 110 percent.
Also, 10 times growth was registered in the market of repo operations in corporate securities compared to the previous year.
Market capitalization of shares on the last trading day of August 2023 amounted to 4 billion manat ($2 billion), an increase of 21 percent compared to the last trading day of last year.
Markets/transactions |
From 01.01.2023 through 30.08.2023 |
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Transaction volume |
Number of transactions |
Average daily volume of transactions (number of trading days -157) |
Average daily number of transactions |
|
Government securities |
5.1 billion manat ($2.9 billion) |
1,965 |
32.8 million manat ($19.2 million) |
12.52 |
1.1. Primary market |
4.1 billion manat ($2.4 billion) |
1,332 |
26.3 million manat ($15.4 million) |
8.48 |
Government bonds (Azerbaijani Finance Ministry) |
1.7 million manat ($999 million) |
612 |
10.9 million manat ($6.4 million) |
3.9 |
Securities of the Central Bank of Azerbaijan (CBA) |
2.4 billion manat ($1.4 million) |
720 |
15.4 million manat ($9.05 million) |
4.59 |
1.2. Secondary market |
1.01 billion manat ($594 million) |
633 |
6.4 million manat ($3.7 million) |
4.03 |
Government bonds |
467.8 million manat ($275.1 million) |
430 |
2.9 million manat ($1.7 million) |
2.74 |
Securities of CBA |
546.6 million manat ($321.5 million) |
203 |
3.4 million manat ($1.9 million) |
1.29 |
2. Corporate securities |
899.6 million manat ($529.1 million) |
2,189 |
5.7 million manat ($3.3 million manat) |
13.94 |
2.1. Primary market |
484.1 million manat ($284 million) |
198 |
3.08 million manat ($1.8 million) |
1.26 |
2.1.1. Stocks |
59.8 million manat ($35.1 million) |
14 |
380,994 manat ($224,114) |
0.09 |
2.1.2. Bonds |
424.3 million manat ($249.5 million) |
184 |
2.7 million manat ($1.5 million) |
1.17 |
- Mortgage bonds |
220 million manat ($129 million) |
6 |
1.4 million manat ($823,529) |
0.04 |
- Other bonds |
204 million manat ($119 million) |
178 |
1.3 million manat ($764,705) |
1.13 |
2.2. Secondary market |
415 million manat ($244 million) |
1,991 |
2.64 million manat ($1.55 million) |
12.68 |
2.2.1. Stocks |
2.8 million manat ($1.6 million) |
1,283 |
18,000 manat ($10,588) |
8.17 |
2.2.2. Bonds |
412 million manat ($242 million) |
708 |
2.62 million manat ($1.54 million) |
4.51 |
- Mortgage bonds |
325 million manat ($191 million) |
22 |
2.07 million manat ($1.21 million) |
0.14 |
- Other bonds |
86.9 million manat ($51.1 million) |
686 |
553,890 manat ($325,817) |
4.37 |
3. REPO operations |
6.8 billion manat ($3.9 billion) |
3,744 |
43.7 million manat ($25.7 million) |
23.85 |
Government bonds |
4.7 billion manat ($2.7 billion) |
2,756 |
30.4 million manat ($17.8 million) |
17.55 |
Securities of CBA |
1.8 billion manat ($1.05 billion) |
868 |
11.5 million manat ($6.7 million) |
5.53 |
Corporate securities |
279 million manat ($164 million) |
120 |
1.7 million manat ($999,999) |
0.76 |
TOTAL (1+2+3) |
12.9 billion manat ($7.5 billion) |
7,898 |
82.3 million manat ($48.4 million) |
50.31 |
- including: primary market |
4.6 billion manat ($2.7 billion) |
1,530 |
29.4 million manat ($17.2 million) |
9.75 |
- including: secondary market |
1.4 billion manat ($823 million) |
2,624 |
9.1 million manat ($5.3 million) |
16.71 |