Report of BSE for January-February
During the first two months of this year, the total turnover of transactions on all instruments on Baku Stock Exchange (BSE) amounted to 3 billion 824 million 311.41 thousand manat (+ 19% by March 1 of last year ).
According to the BSE, in the total amount of transactions the largest share was at the new market of derivatives - 3 billion 297,120,000 manat (last year it was not available), of which the share of transactions with currency was 3.23 billion, and deals with goods were 62 million 379.27 thousand manat.
Oddly enough, the share of transactions in government securities is falling (14 million 914.88 thousand manat or minus 51.1%), all of which included the placement of bonds in the secondary market, issued by the Ministry of Finance (increased 2.7 times) .
The share of debt securities market in the total volume of transactions in January and February was 452 million 175.14 thousand manat (+ 67.2%). In this case, there was 40% reduction in the volume of bonds of Azerbaijan Mortgage Fund on the primary market - 3 million, but in the secondary market it was 372 million 960.26 thousand manat (+ 61.7%).
With regard to repo operations, they amounted to 38 million 104.87 thousand manat, which is not comparable with the result of last year, when as of March 1, they were at the level of 2 billion 699,840,000 manat. --17D-
Economics
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Representatives of Azerbaijani and Latvian business circles convened in Baku for the "Azerbaijan-Latvia Information and Networking Meeting," marking a significant step in bolstering economic cooperation between the two countries. Latvian Ambassador to Azerbaijan, Edgars Skuja, underscored the event’s mission to connect entrepreneurs from both nations, aiming to enhance collaboration across multiple sectors.
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The President of Azerbaijan approved the amendments on November 7, which were made to the “Law of the Republic of Azerbaijan on Credit Bureaus” by the Milli Majlis. The text of the amended law was published on November 28.
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