BSE turnover decreases by 18%

BSE turnover decreases by 18%
# 10 December 2013 08:27 (UTC +04:00)

Baku. Nijat Mustafayev – APA-ECONOMICS. The total volume of transactions for the January-November of 2013 for all securities traded in Baku Stock Exchange was AZN 7.041bln, down 18.4% from 2012.

According to BSE, corporative securities market rose 41.0% to AZN 1,706.0 mln. Corporate bonds primary market surged 2.9 times to AZN 109.2 mln, secondary market – 73.3% to AZN 564.9 mln. The primary market of shares dropped 0.6%, secondary market rose 38.5% during the reporting period.

Primary market of government bonds slipped 2.3 times, secondary market – by 49.4%. CB notes turnover primary market surged 2.9 times, secondary market fell 3.1 times. At the same time, repo operations declined 18.8% to AZN 5.522 mln.

Government bonds primary market slid 10.0% to AZN 88.7 mln, secondary surged 45.2% to AZN 30.5 mln. In general, the government securities market decreased by 24.2% to AZN 5.965 bln.

Comparative table of auctions held at BSE

Market segments

January-November, 2013

January-November, 2012

Ratio

Volume of transactions,
AZN

Number of transactions

Volume of transactions, AZN

Number of transaction

GB (AR MF) (placement)

88,647,421.58

46

98,537,112.31

56

-10.00%

GB (AR MF)
(secondary market)

30,535,228.09

12

21,029,020.89

19

+45.2%

Notes (CBA) – (placement)

279,845,254.59

100

811,733,044.92

209

-2.9 times

Notes (CBA)
(secondary market)

43,955,612.02

4

138,209,486.82

26

-3.1 times

Repo operations

5,522,177,626.66

503

6,798,310,399.70

938

-18.8%

GS market total

5,965,161,42.94

665

7,867,819,064.64

1,248

-24.2%

Corporate bonds (placement)

109,180,822.74

80

37,635,335.00

73

+2.9 times

Corporate bonds (secondary market)

564,904,018.96

175

325,946,685.47

114

+73.3%

Shares (placement)

385,204,033.69

319

387,479,137.24

227

-0.6%

Shares
(secondary market)

16,747,181.43

3,162

12,092,680.40

3,084

+38.5%

CS market total

1,076,036,056.82

3,736

763,153,838.11

3,498

+41.0%

Total

7,041,197,199.76

4,401

8,630,972,902.75

4,746

+18.4%

Abbreviations:

DB – government bonds

AR MF – Azerbaijan Republic Ministry of Finance

CBA – Azerbaijan Republic Central Bank

GS – Government securities

CS – Corporate securities

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