Brokerage License of Khalg Capital Ltd. Updated
The State Securities Committee updated the Khalg Capital Ltd licenses for brokerage and dealer activities in the securities market on October 29.
The company is a subsidiary of JSC Khalg Bank and has operated since the summer of 2007. The authorized capital is 210 thousand manat.
Ltd. Khalg Capital sometimes was a leader among brokers on the volume of transactions on the Baku Stock Exchange. In September this year, the company made operations at more than $ 1 million manat and dropped from the 7th to the last, 10th place in the ranking of brokers.
Currently 38 licenses for professional activity in the securities market are valid, including 14 on broker-dealer activities. --08D--
Economics
-
Azerbaijan’s COP29 Operating Company is advancing green energy initiatives with partners to power the Baku Olympic Stadium, host of the upcoming COP29 climate summit, and to promote sustainability across Azerbaijani regions.
-
Azerbaijan's car market has shown mixed trends in 2024, with a sharp drop in the volume of imported vehicles but a rise in overall import costs, according to data for the first nine months.
-
Azerbaijan’s real estate market, particularly in Baku, continues to see significant price growth in 2024, with apartment prices up by 9.2% in the first nine months of the year. The trend is largely driven by supply shortages, inflation, and rising demand from investors, according to market analysts.
-
The Small and Medium Business Development Agency of Azerbaijan (KOBİA) has focused its support efforts on the Baku economic region, approving 220 business plans from January to September 2024, underscoring its commitment to fostering business growth within the country.
Leave a review