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Azerbaijan sees 40% decline in BSE turnover

05 September 2013 14:26 (UTC +04:00)

Baku. Nijat Mustafayev – APA-Economics. The total volume of transactions for the January-August of 2013 for all securities traded in Baku Stock Exchange was AZN 4.559 bln, down 33.1% from 2012.

According to BSE, corporative securities market doubled to AZN 785.861 mln. Corporate bonds primary market increased by 2.2 times to AZN 83.334 mln, secondary market – by 76.8% to AZN 396.612 mln. So, the primary market of shares rose 2.2 times, secondary market – doubled during the reporting period.

Primary market of government bonds slipped 2.3 times, secondary market – by 49.4%. CB primary market slipped 3.3 times, secondary market rose 3.5 times. At the same time, repo operations slid 1.9 times to AZN 3.435 mln.

GB primary market declined 8.7% to AZN 61.803 mln, secondary market grew 38.7% to AZN 12.949 mln. In general, GS market went down 1.9 times to AZN 3.773 bln.

Comparative table of auctions held at BSE

Market segments	31.08.2013		31.08.2012		Ratio
Market segments	Volume of transactions, AZN	Number of transactions	Volume of transactions, AZN	Number of transacti	Ratio
GB (AR MF) (placement)	61,803,101.77	37	67,733,542.77	29	+8.7%
GB (AR MF) (secondary market)	12,949,227.52	4	9,334,451.92	7	+38.7%
Notes (CBA) – (placement)	219,897,013.45	83	715,179,262.24	173	-3.3 times
Notes (CBA) (secondary market)	43,955,612.02	4	12,486,939.02	8	+3.5 times
Repo operations	3,434,774,077.58	353	6,348,180,243.46	839	-1.9 times
GS market total	3,773,379,032.34	481	7,152,914,439.41	1,056	-1.9 times
Corporate bonds (placement)	83,333,524.60	59	37,341,335.00	66	+2.2 times
Corporate bonds (secondary market)	396,611,996.93	130	224,281,573.42	74	+76.8%
Shares (placement)	291,808,611.69	261	131,322,181.67	110	+2.2 times
Shares (secondary market)	14,107,252.28	2,673	6,911,606.95	2,257	+2.0 times
CS market total	785,861,385.50	3,123	399,856,697.04	2,507	+2.0 times
Total	4,559,240,417.84	3,604	7,552,771,136.45	3,563	-39.7%