LLC Pasha Capital has become the 17th member of the Baku Stock Exchange (BSE). Yesterday the deputy chairman of the BSE Vugar Namazov gave the Director of LLC Pasha Capital Ruslan Maharramov a certificate of membership in the brokerage market.
Ltd. Pasha Capital received a broker-dealer license in the securities market on 24 August. The The company is in Pasha Holding.
Today, 12 companies are active members of the BSE. The other four companies have temporarily suspended membership in the Exchange.
BSE was established in 2000. Its shareholders are 19 companies, including the Istanbul Stock Exchange. - 08s-
Economics
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The State Statistics Committee of Azerbaijan reported that in 2024 investments in fixed assets reached 21,435.1 million manats, which is 0.7% less than in 2023. While overall figures edged lower, the sectoral breakdown reveals notable disparities between the oil and gas sphere and non-oil industries.
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Azerbaijan’s industrial enterprises and individual entrepreneurs reported a modest 1.1% year-on-year increase in industrial production during 2024, reaching an output valued at 64.1 billion manat. The State Statistics Committee attributed the overall growth to a 0.5% expansion in the oil and gas sector, while non-oil and gas industries surged by 7.3%.
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Global diesel prices and refining margins have spiked following the latest U.S. sanctions targeting Russian oil trade, as markets brace for reduced supply, analysts and LSEG data indicate.
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Azerbaijani President Ilham Aliyev hosted Georgian Prime Minister Irakli Kobakhidze on Friday for high-level talks aimed at further developing the strategic partnership between the two neighboring countries in the South Caucasus.
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