The turnover of Baku Stock Exchange as of July 1 totaled 6 billion 787 million 415 thousand manat under 36,090 deals. Due to the derivative financial instruments, growth compared to January-June of last year amounted to 876.26 million at 11-fold increase in the number of transactions.
According to the information of BSE, in January there was reached an absolute record of monthly turnover (1 billion 933 million 579.45 thousand manats for 7,469 transactions), while June was the most passive in this year - 507 078 000 AZN in 3,642 transactions.
Total turnover in the first half was determined by foreign exchange derivatives - 5 billion 206 million 201.25 thousand AZN in 29,610 transactions. In this trend BSE turnover this year promises to be much more than the results of last year - December 31, turnover was at the level of 8 billion 634,110,000 manats for 6,369 transactions.
According to general statistics, the turnover of BSE in 2008 - 9 billion 159.5 million mantas – is still considered the biggest one. --17D-
Economics
-
Last year, Azerbaijan's exports fell sharply. In 2024, the country's exports amounted to $26.55 billion, while imports stood at $21.06 billion. The positive trade balance was $5.50 billion, according to the State Customs Committee (SCC).
-
The final investment decision (FID) for the construction of the Shafag Solar Power Plant (SPP), based on a feasibility study, is expected in 2025, BP Vice President for the Caspian Region Bakhtiyar Aslanbayli told journalists on Friday.
-
BP Plc plans to start gas production from the deep gas reservoirs of the Azeri-Chirag-Gunashli (ACG) block by the end of 2025, BP-Azerbaijan's head of press service, Tamam Bayatly, told reporters.
-
In a strategic move to bolster innovation and technological advancement, Azerbaijan’s İRİA (Innovation and Digital Development Agency) and Israel Aerospace Industries (IAI) have signed a Memorandum of Understanding (MoU). The agreement aims to deepen economic, industrial, scientific, and technological collaboration between the two countries.
Leave a review