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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The Caspian International Investment Company JSC ended 2023 with a net loss of 557,000 manats, a significant improvement compared to the previous year, when losses were four times higher. The company's pre-tax losses for the year amounted to 264,000 manats, 11 times lower than in 2022, while income tax payments of 293,000 manats highlighted the efficiency achieved through strategic fiscal management.
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The 24th Republican Beekeeping Exhibition and Fair opened in Baku on Monday, with around 120 tons of honey products on sale. The event features the participation of 275 beekeepers from 39 districts across Azerbaijan and will run until September 29.
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BAKU, Sept 10 (Reuters) – The "Chain Reaction 2024" conference commenced in Baku on September 10, bringing together leaders and innovators from across the technology sector. Organized by FARI Solutions in collaboration with the Center for Analysis and Coordination of the Fourth Industrial Revolution and the Innovation and Digital Development Agency, the event is supported by Binance, the world's largest cryptocurrency exchange.
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The Azerbaijani government has amended its financing mechanism for higher education institutions, according to a decree issued by Prime Minister Ali Asadov on September 6. The changes update annual education costs for students in various academic levels and fields, including bachelor’s, master’s, medical, and doctoral programs, under state orders.
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