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    Baku Stock Exchange's turnover soars by 3-fold

    Derivative financial instruments accounted for nearly half of the turnover© Report

    Baku. 8 May. REPORT.AZ/ In January-April 2017, total value of the transactions on financial instruments in the Baku Stock Exchange (BSE) made 2.622 bln AZN.

    Report informs citing the BSE, this is more by 2.6-fold compared to the same period in 2016.

    During reporting period, volume of state securities market increased by 2.6 times in annual comparison and reached 504.686 mln AZN.

    223.802 mln AZN of this were government bonds of Ministry of Finance, 280.884 mln AZN - notes of the Central Bank of Azerbaijan.

    In the last one year, volume of (stock) market increased by 102-fold and reached 600.573 mln AZN, volume of bond (debt) market rose by 7,7-fold and made 229,956 mln AZN.

    Within 4 months, repo transactions made 10,567 mln AZN. Notably, this type of transactions not carried out in the same period in 2016.

    During reporting period, market of derivative financial instruments (Forex) increased by 1.7-fold and made 1.276 bln AZN. 

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