The total turnover of transactions on all instruments at Baku Stock Exchange (BSE) in January -September 2013 amounted to 5,265.23 million manat, 33.6% less than it was in the corresponding period of the previous year. In August, traffic exchanges amounted to 705.99 million manat.
According to the BSE, the share of government securities in the reporting period was 83.3 % of all transactions.
The decline in stock sales occurred at the expense of the government securities market, a decrease of 60.4 %. The turnover of transactions in the primary market of notes decreased 3.1 times. The volume of repo transactions decreased 62.6 %.
The corporate securities market increased 38.1. Operations on the initial public offering of bonds increased 2.2 times and the volume of secondary transactions in bonds - by 80.3 %. Primary market share decreased by 3.7 %, while the secondary market - grew by 62.5 %. - 15D-
Economics
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Azerbaijan’s Information and Communication Technologies Agency (ICTA) held a meeting with representatives of internet service providers (ISPs) and telecom operators to address concerns over the accuracy of reported internet speeds and the country’s ranking in global broadband performance indices.
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Bulgaria considers Azerbaijan a key strategic partner in the energy sector, as the country plays a crucial role in diversifying gas supplies and strengthening regional energy security, Bulgaria’s newly appointed Energy Minister Jecho Stankov said during a meeting with an Azerbaijani delegation.
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Rovshan Najaf, president of Azerbaijan’s state oil company SOCAR, met with Majid Jafar, CEO of Crescent Petroleum, on February 6 to discuss potential avenues for collaboration in the energy sector. The meeting marked an important step in strengthening ties between the two companies, with both sides exchanging insights on their respective operations and assessing opportunities of mutual interest.
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Rovshan Najaf, president of the State Oil Company of Azerbaijan (SOCAR), met with Sašo Berger, chairman of Slovenian energy company Petrol dd, and Simon Urbanc, CEO of Geoplin doo, on February 6, underscoring growing cooperation in the natural gas sector between Azerbaijan and Slovenia.
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