The total turnover of transactions on all instruments at Baku Stock Exchange (BSE) in 2012 amounted to 9001.8 million manat, which is 6.8% more than in the previous year.
According to the BSE, the share of government securities in the last year had 89.9% of all transactions.
The increase in stock sales was mainly due to the government securities market, an increase of 20.5%. Turnover of transactions in the primary market of notes increased by 33.8%. The volume of repo transactions increased by 18.6%.
The corporate securities market fell by 46.9%. Operations on the primary placement of bonds decreased by 69.3%, while the volume of secondary transactions in bonds - by 35.3%. Primary market share decreased in 2 times and the secondary opposite rose by 89.3%. The number of transactions in the primary market increased from 137 to 548, and the secondary - decreased from 3424 to 3413. Overall, the market share for the year decreased by 49% - 15D -
Economics
-
BP, the operator of the Shah Deniz gas condensate field, announced on Sunday that production from the Shah Deniz Alpha platform resumed on the evening of January 18. This followed the complete resolution of a technical issue with the subsea condensate export pipeline between the Shah Deniz Alpha platform and the Sangachal terminal.
-
SOCAR President Rovshan Najaf met with the Minister of State for Petroleum of Pakistan, Musadik Malik, on January 18. According to SOCAR, the discussions covered joint energy projects, achieved outcomes, and cooperation opportunities in various areas, including the trade of petroleum products.
-
The State Statistics Committee of Azerbaijan reported that in 2024 investments in fixed assets reached 21,435.1 million manats, which is 0.7% less than in 2023. While overall figures edged lower, the sectoral breakdown reveals notable disparities between the oil and gas sphere and non-oil industries.
-
Azerbaijan’s industrial enterprises and individual entrepreneurs reported a modest 1.1% year-on-year increase in industrial production during 2024, reaching an output valued at 64.1 billion manat. The State Statistics Committee attributed the overall growth to a 0.5% expansion in the oil and gas sector, while non-oil and gas industries surged by 7.3%.
Leave a review