In the first half of this year the volume of transactions on securities in Azerbaijan amounted to 7 billion 52.5 million manat, which is 0.6% less than in the comparable period of 2015. This is reported by the Financial Markets Supervision House.
During this period, there were 209 transactions of corporate and government securities in the amount of 5 billion 120.3 million manat. It is 21.5 times higher than in the 6 months of last year.
The secondary market registered 22 thousand deals totaling more than 1.9 billion manat. At the same time the share of corporate securities accounted for only 286 million manat, which is 5 times less than in the first half of 2015.
The volume of transactions with derivative securities continued to decline. During the reported period 20.8 thousand futures were concluded in the amount of 1.5 billion manat, which is 3.4 times less than in the same period of 2015. ---08D
Economics
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Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
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Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
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The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
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There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
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