Finance

Finance

78% of BSE turnover fall to share of repo operations

11 February 2014 14:45 (UTC +04:00)

Baku. Vahab Rzayev – APA-ECONOMICS. The total volume of transactions for the January of 2014 for all securities traded in Baku Stock Exchange was AZN 1.483 bln, up 10.1 times from 2013.

According to BSE, corporative securities market rose 17 times to AZN 303.2 mln. Corporate bonds primary market surged 2.7 times to AZN 22.5 mln, secondary market – 22.9 times to AZN 173.8 mln. The primary market of shares rose 71.1 times, secondary market slipped 11.1% during the reporting period.

Positive dynamic of BSE turnover was caused by government securities, as well as repo operations. So, repo operations made AZN 1.150 bln or 77.6% of total volume. Annual growth on repo operations was 23.6 times.

Comparative table of auctions at BSE

Market segments	January, 2014		January, 2013		Ratio, %
Market segments	Volume of transactions, AZN	Number of transactions	Volume of transactions, AZN	Number of transactions	Ratio, %
GB (AR MF) (placement)	0.00	0	0.00	0	-
GB (AR MF) (secondary market)	4,500,000.00	3	0.00	0	-
Notes (CBA) – (placement)	24,982,415.48	8	39,947,772.90	13	-37.5%
Notes (CBA) (secondary market)	0.00	0	39,949,480.00	3	0.00%
Repo operations	1,150,446,378.09	86	48,755,781.81	6	+23.6 times
GS market total	1,179,928,793.57	97	128,653,034.71	22	+9.2 times
Corporate bonds (placement)	22,454,610.00	7	8,414,500.00	4	+2.7 times
Corporate bonds (secondary market)	173,843,492.13	34	7,630,682.51	11	+22.9 times
Shares (placement)	106,704,390.52	105	1,500,000.00	5	+71.1 times
Shares (secondary market)	223,592.09	278	251,601.04	322	-11.1%
CS market total	303,226,084.74	424	17,796,783.55	342	+17.0 times
Total	1,483,154,878.31	521	146,449,818.26	364	+10.1 times