About fourfold increase recorded in corporate securities market
The total turnover of transactions on all instruments on the Baku Stock Exchange (BSE) in January-September 2014 stood at 7.366 billion manats, or by 1.4 times more compared to the same period of 2013, BSE reported.
The volume of the state securities market hit 4.061 billion manats (a decrease by 7.38 percent) during the reporting period and the turnover of corporate securities market totaled 3.3 billion manats (a 3.8 times growth).
Comparative table on the results of trades on corporate sector at BSE (Jan.-Sept. 2014):
|
Market segments |
As of Sept.30, 2014 |
As of Sept.30, 2013 |
Percentage ratio |
||
|
Volume of transactions (AZN) |
Number of deals |
Volume of transactions (AZN) |
Number of deals |
||
|
SB (Finance Ministry) - (placement) |
62,560,236.20 |
25 |
67,803,079.68 |
39 |
92.27 percent |
|
SB (Finance Ministry) -(secondary market) |
22,277,144.13 |
15 |
17,968,727.52 |
5 |
123.98 percent |
|
Notes (Central Bank) - (placement) |
133,073,320.70 |
42 |
234,883,949.58 |
87 |
56.65 percent |
|
Notes (Central Bank) -(secondary market) |
307,811,957.68 |
23 |
43,955,612.02 |
4 |
700.28 percent |
|
Repo transactions |
3,536,224,177.90 |
293 |
4,021,159,940.18 |
405 |
87.94 percent |
|
SS market, total |
4,061,946,836.61 |
398 |
4,385,771,309 |
540 |
92.62 percent |
|
CB (placement) |
1,894,215,059.94 |
80 |
83,565,524.60 |
63 |
2266.74 percent |
|
CB (secondary market) |
604,408,832.31 |
231 |
458,372,663.64 |
146 |
131.86 percent |
|
Stocks (placement) |
802,126,462.10 |
580 |
323,261,199.69 |
278 |
248.14 percent |
|
Stocks (secondary market) |
3,412,412.73 |
3,384 |
14,259,629.78 |
2,765 |
23.93 percent |
|
CS Market Total |
3,304,162,767.08 |
4,275 |
879,459,017.71 |
3,252 |
375.70 percent |
|
Total: |
7,366,109,603.69 |
4,673 |
5,265,230,326.69 |
3,792 |
139.90percent |
Abbreviations:
- SB - state bonds
- SS - state securities
- CB - corporate bonds
- CS- corporate securities
Official exchange rate on Oct.8 is 0.7843 AZN/USD.
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