In July four brokers provided services in the securities market
In July, the services in the government and corporate securities market, except for repo-operations , provided only four brokers at the Baku Stock Exchange (BSE) , traditionally, this figure ranges from 8 to 10. As a result of last month, the leader was JSC "Investment company Unicapital» with the service capacity of 52.795.370 AZN. This intermediary structure pressed the traditional leader last month Pasha Capital (40m. 945.980 AZN.)
Holders of the third and fourth positions: on the account of CJSC "Investment Company AzFinance» there are 19 million 63.99 thousand, on the account of Capital Management – 5.838.580 AZN. --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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