In September 2013, the OTC turnover of corporate securities in Azerbaijan amounted to AZN 1,374,238. This is 11.8 % more than in August, according to the report of BSE.
Compared to the same period in 2012 grew by more than 5 times.
According to the analytical report of BSE in September traded were 183,739 units of securities, accounting for 44.73 % of their turnover in August (410,400 units).
The bulk of the volume of transactions (805,800 or 58.5 % of turnover) accounted for transactions in shares of industrial companies. Excluding the small volume of transactions with securities of financial companies , the lion's share of the purchase item are securities of issuers related to other spheres of activity - 107 100. The volume of these transactions amounted to 567,400 manat.
BSE contrary to statutory acts did not disclose details about the specific OTC transactions. Investors are informed of the transaction with the OTC market were shares of certain issuers. Note that the OTC platform deals are on larger blocks of shares, mainly controlling stake. 08D--
Economics
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Azerbaijan and Iran are actively discussing the construction of a strategic railway line that will connect the East Zangezur Economic Region with the Nakhchivan Autonomous Republic, according to Rovshan Rustamov, Chairman of Azerbaijan Railways CJSC. Rustamov disclosed the details of these talks during his recent visit to Iran, where he met with Jabbar Ali Zakeri Sardrodi, head of the Iranian Railway Administration.
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Agricultural land in Azerbaijan's liberated territories may be leased to business entities through investment tenders. This is reflected in the draft law on proposed amendments and additions to the "Law on Land Lease." The document was discussed at the meeting of the Agrarian Policy Committee of the Milli Majlis (Parliament) on October 14.
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According to preliminary data released by the State Statistics Committee, as of October 1 of the current year, Azerbaijan's economically active population stood at 5.304 million people, of which 5.021 million were employed. These figures highlight the relatively stable labor market in Azerbaijan, as the same number appears in the data for the last three years.
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Azerbaijan witnessed a modest yet steady increase in nominal incomes in the first nine months of 2024, as incomes grew by 6.1% compared to the same period in 2023. This rise brings the total nominal income of the population to 61.587 billion manats, averaging 6039.2 manats per person. This is reported by the State Statistics Committee.
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