Bank Of Baku

BSE turnover increases by 90 times during past 8 years

BSE turnover increases by 90 times during past 8 years
# 12 March 2012 09:31 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. Baku Stock Exchange’s trade turnover during past 8 years rose by 90 times to AZN 8.430 bln, said the Report of Cabinet of Ministers on activity in 2011.

Report says BSE’s trade turnover/GDP ratio rose to 17% in 2004-2011: “Extension of financing opportunities of private sector from stock market caused increase of corporative securities in trade in the organized market by 43 times. So the share market rose by 46 times, corporative bond market – by 40 times”.
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