In October of this year in the OTC market concluded 37 transactions at face value of the securities for a total amount of 3.7 million manat. It is 4 times more than the year before. Compared with September 2012, the stock market in the OTC segment grew 5.4 times, stated in the National Depository Center.
Thanks to the "merits" of the State Committee for Securities, active processes in the OTC market from March 2012 have again become opaque. Cause unknown for some securities transactions are conducted, though in January and February BSE released data on daily operations.
According to the NDC, in October, the volume of transactions in the secondary market on the trading platform was 32.8 mln (-40% compared to October 2011) and the placement of securities - 17.4 million manat (-35%). - 08D-
Economics
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Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
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Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
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The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
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There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
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