Bank Of Baku

Decrease at secondary stock market of Azerbaijan is related with technical reasons

Decrease at secondary stock market of Azerbaijan is related with technical reasons
# 26 November 2010 13:30 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. Turnover at the organized secondary stock market made AZN 5.4 mln, in January-October, 2010, down by 6.6 times compared with a year ago. According to SCS chairman Rufat Aslanli, this was caused by conclusion of 2 great deals at the secondary market. Thus, stockholders changed in two joint-stock companies and this process was implemented via organized market.

According to him, the turnover remained unchanged compared with a year ago.

Note that, the turnover volume at secondary market made AZN 2.6 mln.
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