BSE turnover in January- September decreased by over a third

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-

 

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