Over seven months of 2016 the volume of transactions on purchase and sale of investment and derivative securities amounted to 2.239.300 manat, which is by three times less than in the comparable period of 2015, according to the BSE. This year, the public securities (Treasury Bonds) concluded 125 deals worth a total of 296.6 million manats, including for 85 transactions on their placement in the amount of 200.3 million manats. The volume of transactions increased by about 16 times. The market volume of debt securities in January-July amounted to 41.5 million AZN, by 32 times less, than in the comparable period of 2015. In January-July 2015 Azerbaijan Mortgage Fund placed bonds in the amount of 31.2 million manats. This year, while placement of AMF bonds was not conducted.
By 5.5 times reduced the volume of transactions on the shares. Over the reported period were concluded 1235 transactions on the sale of shares in the amount of 26.3 million manat. Of them,placement amounted 24.6 million manats. In January-July 2015 were placed shares in the amount of 139 million manats.
Decreased the interest of investors and derivative securities on the basis of currencies and commodities. This year the volume of transactions on them amounted to 1.874.000 manats against 5.443.000 manats last year. 08D
Economics
-
On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
-
Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
-
Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
-
Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
Leave a review