In accordance with the scope of services provided to clients the company "Pasha Capital" in April of this year, picked up the lead in the ranking of the brokers of the government securities market (excluding repo operations).
This month, she had brokerage services worth 36.94 million manat. In the second place the second month in a row the company "Standard Capital" with the amount of transactions of 32 million, the third place went "Unicapital", brokerage services to 28.46 million manat.
However, there is a list of the best broker "International Transaction System", which in early May with 109.74 million confidently in the lead, there is no "Caspian Financial ltd", closes the figure eight.
The number of brokers operating in the market in April was 8. - 17D-
Ranking of brokers in government securities market
Place Brokers (LLC) Value of deals (AZN)
1 (3)* Pasha Capital 36 939 782,97
2 (-) Standard Capital 32 000 297,68
3 (6) Unicapital 28 463 033,67
4 (-) Chelsea Capital 24 403 400,99
5 (-) Texnika Capital Management 12 490 171,05
6 (9) ADB-Broker 10 654 080,05
7 (8) Brokdil-Az 4 144 289,00
8 (7) BoB Broker 788 358,25
* - Change of place compared to the previous month
Economics
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On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
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Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
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