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Azerbaijanâ€™s Q1 stock market gets 47% rise

Azerbaijanâ€™s Q1 stock market gets 47% rise

19 June 2012 10:58 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-Economics. During past 8 years, the trade turnover in the organized security market rose 90.6 times, as well trade with government bonds â€“ 16.5 times, operations with corporative bonds â€“ 40.5 times, said the head of the office in State Committee for Securities Bakhtiyar Azizov.

According to him, BSE/GDP ratio increased from 1.1% to 16.8%.

He also noted that, National Deposit Fundâ€™s assets reached AZN 6.5 bln: â€œService contracts with more than 1,700 issuers have been signed so far and services are rendered to more than 100,000 depo accounts. About growth dynamic, operations in share market doubled in 2011, rose 47% in the first quarter of 2012â€.

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