Finance

Home page

Finance

Azerbaijan sees decline in BSE turnover

01 May 2013 13:39 (UTC +04:00)

Baku. Nijat Mustafayev – APA-ECONOMICS. The total volume of transactions for the January-April of 2013 for all securities traded in Baku Stock Exchange was AZN 2.143 bln, down 33.1% from 2012.

According to BSE, corporative securities market rose 2.9 times to AZN 220,809 mln. Corporate bonds market primary market surged 39% to AZN 26.812 mln, secondary market – 55.6% to AZN 42.733 mln. Regarding share market, the primary market rose 5.3 times, secondary market – 4.3 times during the reporting period.

Primary market of government bonds slipped 2.3 times, secondary market – by 49.4%. CB notes primary market declined 2.6 times, secondary market rose 2.3 times. At the same time, repo operations on the notes increased by 5.4 times. Repo operations dropped 46.2% to AZN 1.726 bln.

No deals were closed in government bonds market. In general, GS market slid 46.8% to over AZN 1.922 bln.

Comparable table of auctions on all instruments held in BSE

Market segments	January-April, 2013		January-April, 2012		Ratio, %
Market segments	Volume of transactions, AZN	Number of transactions	Volume of transactions, AZN	Number of transacti	Ratio, %
GB (AR MF) (placement)	0.00	0	0.00	0	-
GB (AR MF) (secondary market)	0.00	0	1,325,851.92	2	0.00%
Notes (CBA) – (placement)	151,956,761.80	57	389,476,825.08	95	-2.6 times
Notes (CBA) (secondary market)	43,955,612.02	4	8,077,756.64	4	5.4 times
Repo operations	1,726,421,575.61	155	3,211,300,530.66	459	-46.2%
GS market total	1,922,333,949.43	216	3,610,180,964.30	560	-46.8%
Corporate bonds (placement)	26,812,001.00	27	19,284,834.00	30	39%
Corporate bonds (secondary market)	42,733,224.71	39	27,466,628.68	17	55.6%
Shares (placement)	147,670,667.10	136	27,867,476.35	31	5.3 times
Shares (secondary market)	3,593,042.79	1,175	841,764.97	1,154	4.2 times
CS market total	220,808,935.60	1,377	75,460,704.00	1,232	2.9 times
Total	2,143,142,885.03	1,593	3,685,641,668.30	1,792	-42%