BSE turnover in January-June fell by almost half
The total turnover of transactions on all instruments at Baku Stock Exchange (BSE) in January-June 2013 amounted to 2,985.07 million manat, which is 48.1% less than it was in the corresponding period of the previous year.
According to the BSE, the share of government securities in the reporting period was 86.3% of all transactions.
The decline in stock sales occurred at the expense of the government securities market, reducing by 2.2 times. The turnover of transactions in the primary market of notes decreased by 3.4 times. The volume of repo transactions decreased by 2.2 times.
The corporate securities market increased by 2.6 times. Operations on the initial public offering of bonds increased by 95.3%, while the volume of secondary transactions in bonds - by 104%. Primary market share increased by 4.8 times, while the secondary market decreased by 4%. - 15D -
Economics
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