The company PSG-Broker topped the ranking of brokers in September on the volume of services in the government and corporate securities of Azerbaijan (excluding repo operations market).
According to the information on the site of the Baku Stock Exchange (BSE), this structure last month rendered services worth a total of 90 million 302.74 thousand manat (in August - zero manat). In the second place was its famous rival Invest-Az - 79 million 308.42 thousand manat (in August - zero). In the third place was the nominal leader of the first 9 months and August, the company Pasha Capital, which counts 63 million 402.88 thousand manat.
In September, the punters benefited from the services of 10 brokers.
The results show that almost all brokers are tied to large companies, serving their interests and providing exchange services two or three times a year, but showing no activity the rest of the time. --17D-
Economics
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Azerbaijan began the new year with significant hikes in gas, electricity, water, and medication tariffs, sparking widespread concern among citizens over the financial burden on households. While officials defend the measures as necessary for economic sustainability, critics warn of challenges tied to stagnant wages and pensions.
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As of January 1, Europe has ceased contract-based transit of Russian gas through Ukraine. Kyiv announced it would not renew agreements to traffic gas from the "aggressor nation" through its territory. The decision marks a pivotal moment in Europe’s efforts to reduce reliance on Russian energy, a dependency that supplied nearly 50% of the continent’s gas imports before the war in Ukraine.
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Azerbaijan's Tariff Council has approved a decision to regulate the maximum wholesale and retail prices of registered medicines, with the new pricing caps coming into effect on January 2, 2025.
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Azerbaijan's Tariff Council has approved tariffs for connecting construction sites to water supply and wastewater systems for the first time, addressing a previously unregulated sector with inconsistent charges, the council announced on January 2.
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