By the end of February the Baku Stock Exchange (BSE) for the first time since its formation in 2000 released ranking of brokers, which reflects the performance is not only the public, but also to corporate securities. This led to what is an active participant of the corporate market UniCapital ahead of all the brokers in February, with the index 31.8 million manat.
In January-February, the volume of the secondary market for corporate securities on the Stock Exchange was about 9.2 million manat. Of these, 387.2 thousand manats account for the shares. According to the deposit of the BSE data, for two months of this year the volume of OTC transactions for 3.4 million corporate securities exceeded 64 million manat, including banks - more than 60 million manat. Moreover, almost the weight volume of transactions accounted for the shares. - 08B-
Economics
-
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.
-
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.
-
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.
-
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.
Leave a review