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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Azerbaijan’s Information and Communication Technologies Agency (ICTA) held a meeting with representatives of internet service providers (ISPs) and telecom operators to address concerns over the accuracy of reported internet speeds and the country’s ranking in global broadband performance indices.
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Bulgaria considers Azerbaijan a key strategic partner in the energy sector, as the country plays a crucial role in diversifying gas supplies and strengthening regional energy security, Bulgaria’s newly appointed Energy Minister Jecho Stankov said during a meeting with an Azerbaijani delegation.
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Rovshan Najaf, president of Azerbaijan’s state oil company SOCAR, met with Majid Jafar, CEO of Crescent Petroleum, on February 6 to discuss potential avenues for collaboration in the energy sector. The meeting marked an important step in strengthening ties between the two companies, with both sides exchanging insights on their respective operations and assessing opportunities of mutual interest.
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Rovshan Najaf, president of the State Oil Company of Azerbaijan (SOCAR), met with Sašo Berger, chairman of Slovenian energy company Petrol dd, and Simon Urbanc, CEO of Geoplin doo, on February 6, underscoring growing cooperation in the natural gas sector between Azerbaijan and Slovenia.
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