The total turnover of transactions on all instruments at Baku Stock Exchange (BSE) in January-October 2012 amounted to 8,250.5 million manat, which is 35.7% more than the corresponding period in the previous year. In October, the exchange turnover was 350.97 million manat.
According to the BSE, the share of government securities in the reporting period had 91.7% of all transactions.
The increase in stock sales occurred at the expense of the government securities market, an increase of 37.5%. Turnover of transactions in the primary market of notes increased 37.7%. The volume of repo transactions increased by 42.5%
The corporate securities market increased 18.5%. Operations on the primary placement of bonds decreased 3.6 times and the volume of secondary transactions in bonds - 19.7%. Primary market share grew by 4.3 times, and the secondary - by 24%. The number of transactions in the primary market increased from 119 to 207, and vice versa in the secondary fell from 2,940 to 2,850. - 15D -
Economics
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Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
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Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
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The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
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There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
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