The total turnover of transactions on all instruments at Baku Stock Exchange (BSE) in January-July 2013 amounted to 3,586.55 million manat, which is almost half of what it was in the corresponding period of the previous year. In July, traffic exchanges amounted to 601.48 million manat.
According to the BSE, the share of government securities in the reporting period had 83.2% of all transactions.
The decline in stock sales occurred at the expense of the government securities market, reducing by 2.3 times. The turnover of transactions in the primary market of notes decreased 3.5 times. The volume of repo transactions decreased 2.3 times.
The corporate securities market increased 2.4 times. Operations on the initial public offering of bonds increased by 105%, while the volume of secondary transactions in bonds - by 93%. Primary market share increased by 3.8 times, while the secondary market - by 2.8 times. - 15D -
Economics
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Azerbaijan’s economic growth is expected to continue in the coming years, although forecasts from ING Group and the United Nations (UN) present slightly differing views on the pace of recovery. ING Group, the largest banking institution in the Netherlands, predicts modest growth in Azerbaijan’s gross domestic product (GDP), while the UN offers a more optimistic outlook.
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The average age of taxi cars in Azerbaijan has dropped from 15 to 7 years, according to a statement from the Azerbaijan Ground Transport Agency (AYNA), which attributes this change to the implementation of reforms.
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Kazakhstan has bolstered its position in international grain markets by resuming exports to Iran and Azerbaijan, according to the country’s Ministry of Agriculture.
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In recent years, Azerbaijan has quietly fostered a vibrant startup ecosystem that is beginning to make waves on the international stage. From digital education platforms to innovations in agrotechnology, these startups reflect the country's growing embrace of technology and entrepreneurship. A combination of government support, international collaboration, and bold entrepreneurial vision has propelled several Azerbaijani ventures into the global spotlight.
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