Turnover of Baku Stock Exchange up 19%

In January-July this year, the total value of deals concluded on all financial instruments at Baku Stock Exchange CJSC (BSE) amounted to 9,777,082,000 (+18.8%) manats ($5.8 billion), Report informs, citing BSE.

The number of deals concluded in the last year increased by 27.9% to 6,515.

State securities accounted for 41.2% of BSE's turnover, or 4,26.66 million manats, marking a 11.5% decline.

During the reporting period, the value of transactions on the corporate securities market increased by approximately 32.1% to 761.581 million manats ($448 million), the value of repo transactions increased by approximately 60.7% to 4,988,841,000 manats ($2.9 billion).