Transactions worth AZN 64 billion conducted at ‘Baku Stock Exchange’ for 11 months
‘Baku Stock Exchange’ (BSE) has announced operational indices for January-November 2024.
Over 11 months, 68,148 deals worth AZN 63,745.2 million were concluded at the exchange.This is up by 2.9 times and 5.9 times from the same period of the last year, respectively.
Note that 87.6 % of the BSE turnover, or AZN 55827.8 million, fell on repo transactions. This is up by 4.3 times from a year-ago period.
Recall that in the reporting period, the value of transactions with government securities declined by 21.2% to AZN 5,830 million, while the value of transactions with corporate securities rose by 56% to AZN 2,087.4 million.
Finance
-
Rising prices for electricity, natural gas and heat in Azerbaijan since the beginning of this year may have a significant impact on annual inflation at the level of 0.51 %.
-
The Central Bank of Azerbaijan (CBA) forecasts that an average price of a barrel of oil in the world market in 2025 will be $77.3, and the price of 1000 cubic metres of natural gas - $349.
-
The Central Bank of Azerbaijan (CBA) forecasts that by the end of 2025 the country's economic growth will be 3.3 %, including the production of gross domestic product (GDP) in the non-oil and gas sector to grow by 5.2 %.
-
According to updated forecasts of the Central Bank of Azerbaijan (CBA), annual inflation is expected to be about 5.5 % in 2025 and about 3.8 % in 2026.This is reported on the CBA's website.
Leave a review