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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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Chairman of the State Committee for Urban Planning and Architecture Anar Guliyev, revealed ambitious plans for the new Istisu settlement on social media, following the foundation-laying ceremony attended by President Ilham Aliyev in Kalbajar on September 2, 2024.
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As previously reported, the Istisu Mineral Water Plant was inaugurated on September 2, 2024, marking a significant advancement in Azerbaijan’s mineral water industry. President Ilham Aliyev and First Lady Mehriban Aliyeva attended the opening of this cutting-edge facility, which blends modern technology with a deep-seated tradition in mineral water production.
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In the village of Gyzyil Kengerli, located in Azerbaijan’s Agdam district, a significant agrarian development project is gaining momentum with Belarusian expertise at its core. This initiative was highlighted during a recent meeting between Anar Guliyev, Chairman of Azerbaijan’s State Committee for Urban Planning and Architecture, and a delegation led by Belarusian Deputy Foreign Minister Igor Nazaruk in Baku.
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After the 44-day war, there is increasing interest in opening railway routes between Azerbaijan, Armenia, and Turkey. This interest has heightened following the fifth round of negotiations between Armenian and Turkish special representatives Ruben Rubinyan and Serdar Kılıç at the Alijhan-Margara checkpoint on the border of the two countries.
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