The total turnover of transactions on all instruments at Baku Stock Exchange (BSE) in January-March 2013 amounted to 1,607.958 million manat, which is 40% less than it was in the corresponding period of the previous year.
According to the BSE, the share of government securities in the reporting period had 94.9% of all transactions.
The decline in exchange sales was due to the government securities market, decreased 41.9%. The turnover of transactions in the primary market of notes decreased 59.3%. The volume of repo transactions decreased 41.5%.
The corporate securities market increased 52.7%. Operations on the primary placement of bonds increased by 1.3%, while the volume of secondary transactions in bonds decreased by 11.1%. Primary market share increased 2.9 times, and secondary - 6.5 times (three-quarters of the volume of transactions in this market in the first quarter accounted for the two banks). The number of transactions in the primary market increased from 18 to 45, and the secondary - from 791 to 805. - 15D -
Economics
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Azerbaijan’s Minister of Economy, Mikayil Jabbarov, participated in the "Circle of Leaders: Financing the Energy Transition - New Horizons" session during the World Economic Forum (WEF) in Davos, emphasizing the country’s strategic role in global energy security and its green energy transition initiatives.
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Around 200 employees of SOCAR, Azerbaijan's state oil company, staged a strike in Batumi, Georgia, on January 21,demanding wage increases, local outlet Batumelebi reported. Participants included technicians and staff from various departments who argued that their long-standing minimal salaries fail to reflect their workload.
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On January 21, during a meeting in Davos, Azerbaijani President Ilham Aliyev met with Henrik Poulsen, Chairman of the Supervisory Board of Carlsberg Group, and Jacob Aarup-Andersen, the company's CEO. The discussions emphasized Carlsberg Group's expanding presence in Azerbaijan and its commitment to developing local production and sustainability.
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In 2024, Azerbaijan's "Single Window" Export Support Center processed 1,747 requests from businesses and individuals, facilitating the issuance of 3,982 export certificates. According to Vusal Gasimli, Executive Director of the Center for Analysis of Economic Reforms and Communications, these efforts supported export operations valued at USD 288.2 million.
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