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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Azerbaijan’s State Tax Service is grappling with technical issues on its online portal, e-taxes.gov.az, preventing the submission of mandatory social insurance and health insurance tax declarations. The problem has emerged at a critical time, as the 20-day quarterly period for submitting declarations began on October 1.
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The INMerge Innovation Summit, organized by PASHA Holding, continued in Baku on Friday. The summit brought together leading industry leaders, startups, and investors in the fields of fintech, e-commerce, artificial intelligence, and digital business.
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The Cabinet of Ministers of the Republic of Azerbaijan has approved a new regulation titled “Procedure for the Transfer of Regulatory Functions and Duties for Flight Safety Supervision,” aligning with the country’s obligations under international civil aviation agreements.
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In September 2024, Azerbaijan experienced a noticeable increase in the Consumer Price Index (CPI), reflecting broader economic trends and the impact of various factors on the market. The CPI, a critical indicator of inflation, rose by 3.5% compared to the same month in 2023. This growth was driven by several components, including food and non-food products, as well as paid services provided to the population.
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