The total share capital of the issuers of securities in January-November increased due to the additional issue of shares by 2,406,954,834 manat. Such a conclusion can be made on the basis of the National Depository Center (NDC) report on December 1 (minus 43.6% to December 1 of last year).
The increase in authorized capital is set within 203 registered transactions, 13 of which occurred in November - in the amount of 8 million 456.83 thousand manats. In addition, during the reporting period 40 contracts were signed with the issuers of securities.
There were registered 3,804 exchange transactions with a par value of 1,718,457,840 manats. Outside the stock exchange there were registered 294 deals with a par value of 150,976,310 manats. --17D-
Economics
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Azerbaijan’s Cabinet of Ministers approved a detailed framework for the preparation of sector-specific strategic plans aimed at guiding the country’s economic development over the medium term.
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Azerbaijan’s ADY Express, a subsidiary of Azerbaijan Railways CJSC, signed several strategic agreements on the sidelines of the Logitrans Türkiye 2024 exhibition in Istanbul, Turkey, reinforcing its commitment to expanding freight transport services along the Middle Corridor.
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Azerbaijan plans to establish state-of-the-art battery storage facilities for green energy with a total capacity of 350 MW within the next 4-5 years, a well-informed source in the Ministry of Energy told Turan.
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Shareholders of the Caspian gas condensate "Absheron" project plan to approve the Front End Engineering Design (FEED) in December, laying the groundwork for full-scale development of the field, an informed source told Turan.
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