Azerbaijan Measures Volume Of BSE Securities Transactions
Date
11/7/2024 2:11:32 AM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, November 7. The cumulative
volume of securities transactions at the Baku stock exchange (BSE)
for the period spanning January to October 2024 reached 50.3
billion manat ($29.5 billion), representing a 2.6-fold increase
compared to the corresponding timeframe in the previous year,
Trend reports via
BSE.
The data indicates that the trading volume in corporate
securities has experienced a 63 percent increase when compared to
the corresponding period from the previous year. The volume of
trading in government securities on the primary market experienced
an increase of merely two percent.
On top of that, REPO (repurchase agreement) operations grew by
277 percent. Specifically, in comparison to the prior year, the
market for REPO operations involving corporate securities
experienced a growth of 7,805 percent.
On the final trading day of October 2024, the market
capitalization of shares reached 6,078 billion manat, equivalent to
$3.5 billion.
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