Baku Stock Exchange turnover grows 2.2 times in one year

By  Trend

Total turnover of the stock transactions on all instruments on the Baku Stock Exchange (BSE) has amounted to over 11.63 billion manats in January-November 2017, BSE said in a message Dec. 18.

According to the message, this figure exceeds the total turnover of transactions in the same period of 2016 by 2.2 times.

In January-November 2017, the volume of government securities market totaled 4.97 billion manats (7.2-fold increase over the year), corporate securities market turnover – 1.51 billion manats (3.8-fold growth), and the derivatives market volume –5.16 billion manats (growth by 24.9 percent).

(1.7001 manats = 1 USD on Dec. 18)