Baku Stock Exchange turnover up by 74%

The total value of transactions on all financial instruments of the Baku Stock Exchange (BSE) in January-September 2023 amounted to 15,909,046,000 manats ($9.36 billion), increasing by 73.9% in comparison to the previous year, Report informs.

Over the past year, the number of concluded transactions has increased by 48.5% to 9,217.

State securities accounted for 6,179,771,000 manats ($3.63 billion), or 38.8% of the BSE turnover, 25.9% more than a year earlier.

The value of transactions in the corporate securities market went up by 37.1% to 1,035,749,000 manats ($0.61 billion) during the reporting period, and repo transactions rose by 2.5 times to 8,693,527,000 manats (about $5.11 billion).