Azerbaijan sees decline in BSE turnover

Azerbaijan sees decline in BSE turnover
# 01 March 2013 15:35 (UTC +04:00)

Baku. Nijat Mustafayev – APA-ECONOMICS. The total volume of transactions for the January-February of 2013 for all securities traded in Baku Stock Exchange was AZN 1.053 bln, down 45.1% from 2012.

According to BSE, government securities dropped 46.8% to AZN 999.299 mln. No transactions on government bonds were recorded in January-February. Secondary market of notes rose 16 times to AZN 39.949 mln, primary market – dropped 2.5 times to AZN 79.909 mln.

Corporative securities market rose 35.5% to AZN 53.838 mln. Corporate bonds’ primary market rose 23.8% times, secondary market of the shares soared 6.1 times, secondary market – 53.1%. Secondary market of bonds slid 2.7 times.

Market segments

January-February, 2013

January-February , 2012

Ratio

Volume of transactions,
AZN

Number of transactions

Volume of transactions, AZN

Number of transacti

GB (AR MF) (placement))

0.00

0

0.00

0

-

GB (AR MF)
(secondary market)

0.00

0

0.00

0

-

Notes (CBA) – (placement)

79,909,015.10

27

199,672,098.71

53

-2.5 times

Notes (CBA)
(secondary market)

39,949,480.00

3

2,495,727.50

1

16 times

Repo operations

879,440,741.90

88

1,676,981,076.72

243

-47.5%

GS market total

999,299,237.00

118

1,879,148,902.93

297

-46.8%

Corporate bonds (placement)

12,343,501.00

20

9,970,335.00

9

23.8%

Corporate bonds (secondary market)

8,786,838.91

14

24,215,857.71

12

-3.6 times

Shares (placement)

32,320,620.54

35

5,303,000.00

9

6.1 times

Shares
(secondary market)

387,270.87

584

252,942.93

304

53.1%

CS market total

53,838,231.32

653

39,742,135.64

334

35.5%

Total

1,053,137,468.32

771

1,918,891,038.57

631

-45.1%

Abbreviations:

DB – government bonds

AR MF – Azerbaijan Republic Ministry of Finance

AR CB – Azerbaijan Republic Central Bank

GS – Government securities

CS – Corporate securities

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