The total turnover of transactions on all instruments at Baku Stock Exchange (BSE) in January -August 2013 amounted to 4,559.24 million manat, 39.6 % less than it was in the corresponding period of the previous year. In August, traffic exchanges amounted to 972.69 million manat.
According to the BSE, the share of government securities in the reported period was 82.8 % of all transactions.
The decline in stock sales occurred at the expense of the government securities market, a decrease of 52.7 %. The turnover of transactions in the primary market of notes decreased 3.3 times. The volume of repo transactions decreased 46.5 %.
The corporate securities market has doubled. Operations on the initial public offering of bonds increased 2.2 times and the volume of secondary transactions in bonds - by 76.8 %. Primary market share increased by 2.2 times, while the secondary market - by 2.3 times. - 15D -
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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