The Membership Commission of Baku Stock Exchange canceled the membership of five companies in the stock exchange. These are LLC Brokdil-AZ, Chelsea Capital, Standard Capital, BoB Broker and CJSC Demir Investisiya Sirketi.
Membership of these companies in the BSE was suspended in January 2016. "The Exchange will consider restoring the membership of these companies after the completion of the procedures established by law for the transformation of these companies in an investment company and obtaining the appropriate licenses," BSE noted.
These companies continue to remain in the ranks of the BSE shareholders.
Currently, the Exchange has six members: CJSC Capital Management I.C., CJSC Invest-AZ I.C., CJSC Az-Finance I.C., CJSC Uni Capital I.C., CJSC Pasha Capital I.C. and CJSC PSG-Capital I.C. ----08D
Economics
-
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.
-
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.
-
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.
-
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.
Leave a review