The Listing Committee of CJSC Baku Stock Exchange (BSE) in the listing on the Stock Exchange alternative market segment added five securities companies.
The brokerage company Tekhnika Capital Management told Turan that the decision was made on the basis of the new BSE Listing Rules of the Central Bank promulgated on 1 February 2015. Under these rules, the alternative market segment includes securities of those companies that on the parameters do not meet the basic or standard listing segment. For inclusion in the alternative segment it is enough to receive an application from the owner of at least 10% of the shares in the stock exchange.
It should be noted that the inclusion of the stock market in the alternative market segment requires the issuer to submit to the BSE and make public information about the dividends paid to the JSC shareholders, and the annual financial statements (not later than 30 June after the end of the fiscal year). 08B
Economics
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According to the State Customs Committee, in the first eleven months of this year, Azerbaijan transported 6.96 million tons of cargo by rail, worth $3.01 billion. This represents a 4% decrease in volume and a 10.1% decline in value compared to the same period in 2023.
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The Cabinet of Ministers of Azerbaijan has approved a set of regulations to govern the approval of agreements under the country’s competition law, aimed at fostering compliance with legal frameworks and enhancing market transparency.
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Azerbaijan's ambitious program to restore territories liberated from Armenian occupation has attracted attention due to the extensive use of single-source procurement methods, raising concerns about transparency and corruption.
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Azerbaijan recorded a 2% increase in wheat imports from January to November 2024 compared to the same period in 2023, underscoring its continued reliance on external sources to meet domestic demand. This growth comes amid a significant decline in domestic wheat production, which decreased by 148,100 tons in 2024, further intensifying the need for imported supplies.
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