In July of this year, the National Depository Center (NDC) recorded transactions on purchase and sale of corporate securities in the amount of 1 million 658.7 thousand manat at face value, which is 60.5% less than in the comparable period of 2011.
Outside the stock exchange were concluded 24 transactions, or 33 units less than in July 2011.
NDC released a report on the operations in July this year, according to which the volume of transactions on the SEC was 63.8 million manat, and placement in the primary market - 29.1 million manat.
Azerbaijan has two depositories. LLC Corporate Trust Agency does not publish data on OTC transactions. - 08B-
Economics
-
Azerbaijan’s state oil company SOCAR signed a memorandum of cooperation with North Macedonian company ECM on Thursday, during a visit to Baku by North Macedonia's President Gordana Siljanovska-Davkova, an informed source told Turan.
-
Discussions were held in Baku within the framework of the 29th session of the Conference of the Parties (COP29) to the UN Framework Convention on Climate Change, focusing on the "Decarbonization and Climate Adaptation of the Cotton-to-Clothing Value Chain." Among other topics, the state of cotton farming in Azerbaijan was also addressed.
-
Azerbaijan has attracted significant interest from companies in both developing and developed countries, as well as from state and private sector representatives of at least 10 nations, regarding participation as shareholders in the Climate Finance Action Fund (CFAF), which has a total budget of $1 billion. The CFAF is one of Azerbaijan’s 14 key initiatives unveiled at COP29, Yalchin Rafiev, Azerbaijan's chief negotiator at COP29 and Deputy Foreign Minister, said at a press conference on Tuesday.
-
The Azerbaijani government has proposed that the OPEC Fund participate in financing several renewable energy projects, including offshore wind energy development, green energy corridor initiatives, and a 1 GW project planned by SOCAR in partnership with the UAE-based company Masdar.
Leave a review