Interest for over-the-counter deals rises in Azerbaijan

Baku. 18 January. REPORT.AZ/ National Depository Center (NDC) registered 3383 deals in 2016. 

Report informs referring to NDC, this indicator is lower than that in 2015 by 1445 deals or 30%.

63.6% or 2152 deals registered last year were completed in stock market, 13% or 440 as over-the-counter deals, 2.4% or 791 as additional issue deals. Number of market transactions were down by 2113 or 49.5%, while over-the-counter deals up by 96 or 27.9%. Number of additional issue deals rose by 500 or 3.6 times.

In reporting period, NDC registered deals with total value 5 441 234 666 AZN. This is 9.4% or 467 393 952 AZN higher than the figure in 2015.

4.7% or 256 506 234 AZN of total turnover was generated in stock market, 4.5% or 242 357 560 AZN over-the-counter market, 90.8% or 4 942 370 872 AZN through additional emission deals. In comparison with figures of 2015, stock market transactions were down by 85.5% or 1 517 435 844 AZN, over-the-counter market turnover by 14.4% or 40 648 242 AZN, while additional emission turnover up by 69.4% or 2 025 478 038 AZN.

Last year NDC signed agreement with 48 issuers. This is 2.1% or one unit more than in 2015.

Notably, National Depository Center is non-commercial legal entity founded by Financial Markets Supervision Chamber as central depository.