PSG-Broker - leading in brokerage race in September
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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The Green Climate Fund (GCF), an operating entity of the financial mechanism of the UN Framework Convention on Climate Change (UNFCCC) and the body responsible for implementing the Paris Agreement, has included Azerbaijan for the first time in its list of countries eligible for funding.
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The International Telecommunication Union (ITU), the Permanent Mission of the Republic of Azerbaijan to the UN Office in Geneva and the Ministry of Digital Development and Transport organized for the heads of about 30 diplomatic missions accredited in Geneva a special briefing on the initiative "Green Digital Action", which will be presented during COP29 in November in Baku, the Ministry of Digital Development and Transport of Azerbaijan reported.
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As a member of the International Renewable Energy Agency (IRENA) Council, Azerbaijan participated in the 28th meeting of this Council in Abu Dhabi (UAE).
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Azerbaijan’s imports of animal and vegetable fats and oils climbed 23.9% by weight and 16.2% by value from January to September 2024, official data revealed. Despite the uptick in volume, the import cost of these products saw a decrease compared to the same period last year, with the cost per ton of vegetable oil falling by 6.1% to $1,199.6 in 2024, down from $1,278.6 in 2023.
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