From today on the quotation list of BSE includes securities of Sahquluoglu JSC. This is the first company that received the encouragement of the Listing Committee of BSE on the alternative market segment listing.
According to the stock exchange, the trade regards 6,036 shares of Sahquluoglu of the primary value of AZN 2 (nominal value of these securities). The company has a licensed hotel in the Agstafa region.
This Friday (February 20) open trade will be admitted for 1,316 shares of the insurance company Baki Sigorta issued on February 2. The shares are offered at their face value - 760 manat per share.
Recall that the new rules for listed companies have been operating on BSE as of 1 February.
The exchange quotation list consists of three levels.
Inclusion in the alternate segment of securities listing on BSE requires a fee of 200 manat.----- 08D
Economics
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On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
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Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
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