Turnover of Azerbaijani securities market almost triples


(MENAFN- Trend News Agency ) Baku, Azerbaijan, April 24

By Anvar Mammadov – Trend:

The turnover of securities has amounted to 6.19 billion manats in Azerbaijan in the first quarter of 2018, which is by 2.7 times more than the same period of 2017, Azerbaijan's Financial Market Supervisory Authority (FIMSA) said on April 24.

The turnover in the state securities market increased by 9.2 times, while turnover in the secondary corporate securities market decreased by 22 percent.

Total indices

First quarter of 2018

first quarter of 2017

Difference in sum

Number of deals

Sum (AZN)

Number of deals

Sum (AZN

Corporate securities

645

806.3

692

1, 033.1

-22%

Primary market

18

460.9

24

858.61

Secondary market

627

345.4

668

174.49

State securities

346

2, 608.2

83

284.14

+817.9%

Primary market

305

2, 580.6

44

279.39

Secondary market

41

27.6

8

4.75

Derivatives

25, 905

2, 577.0

17, 039

960.68

+168.2%

Repo operations

53

214.9

6

2.7

+7 859.2%

Securities market

26, 949

6, 186.4

17 820

2 ,280.61

+171.3%

Primary market

323

3, 041.5

68

1, 137.99

Secondary market

26, 626

3, 144.9

17, 715

1, 139.91

Follow the author on Twitter: @Anvar_Mammadov

Follow Trend on Telegram. Only most interesting and important news

MENAFN2404201801870000ID1096764917


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.