Finance

Finance

Baku Stock Exchange posts 11.5% drop in 1Q turnover

02 April 2009 14:53 (UTC +04:00)

Baku. Nicat Mustafayev â€“ APA-Economics. The total turnover of transactions on all instruments on Baku Stock Exchange made AZN 1 862,161 mln. for January-March 2009, down 11.47% from the same period last year, Baku Stock Exchange said in an press release.
94.07% of all transactions were carried out with government securities.
The Notesâ€™ primary and secondary markets dropped by 69.62% and 33.05% respectively. Transactions with government securities dropped by 15.64% with repo transactions falling by 7.18%.
No transactions with corporate bonds were made in primary market. The highest growth â€“ a 656-fold surge - was in secondary stock market while primary stocks market jumped by more than 5 times.

Market segments	Market segments		Market segments		Percentage ratio
Market segments	Sum (AZN)	Number of transactions	Sum (AZN)	Number of transactions	Percentage ratio
T-bills – (placement)	103 927 382,68	55	58 348 907,54	55	178,11
T-bills– (secondary market)	132 989 076,76	68	504 798,76	1	263 dəfə
Notes – (placement)	161 951 666,04	73	533 123 194,26	182	30,38
Notes) – (secondary market)	64 784 623,64	35	96 766 261,86	90	66,95
Repo	1 288 160 175,77	224	1 387 732 557,22	402	92,82
Subtotal	1 751 812 924,89	455	2 076 475 719,64	730	84,36
Corporate bonds– (placement)	0.00	0	7 450 616,50	16	0.00
Corporate bonds – (secondary market)	2 299 815,00	11	6 101 962,77	27	37,69
Stocks – (placement)	79 516 887,00	118	13 410 500,00	49	5,9 dəfə
Stocks – (secondary market)	28 531 721,00	759	43 466,60	81	656,4 dəfə
Subtotal	110 348 423,00	888	27 006 545,87	173	4,1 dəfə
Total	1 862 161 347,89	1 343	2 103 482 265,51	903	88,53