Baku Stock Exchange turnover down by 2%

Finance
  • 04 July, 2023
  • 09:14
Baku Stock Exchange turnover down by 2%

The total value of transactions on all financial instruments of the Baku Stock Exchange (BSE) in January-June 2023 amounted to 7,793,468,000 manats ($4.58 billion), decreasing by 2% in comparison to the previous year, Report informs.

Over the past year, the number of concluded transactions has increased by 14.2% to 5,277.

State securities accounted for 3,184,039,000 manats ($1.87 billion), or 40.9% of the BSE turnover, 28.4% less than a year earlier.

The value of transactions in the corporate securities market went up by 29.8% to 680.448 million manats ($400.26 million) during the reporting period, and repo transactions rose by 32% to 3,928,981,000 manats (about $2.31 billion).