Corporate Securities Market Doubled
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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