BSE turnover rises by 86%

The total value of transactions on all financial instruments of the Baku Stock Exchange (BSE) in January-October 2023 amounted to 19,452,795,000 manats ($11.44 billion), increasing by 85.9% in comparison to the previous year, Report informs.

Over the past year, the number of concluded transactions has increased by 39.7% to 10,560.

State securities accounted for 6,914,163,000 manats ($4.07 billion) of the BSE turnover, 23.1% more than a year earlier.

The value of transactions in the corporate securities market went up by 19.1% to 1,183,070,000 manats ($0.7 billion) during the reporting period, and repo transactions rose by 2.9 times to 11,355,562,000 manats (about $6.68 billion).