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Azerbaijan's Baku Stock Exchange elevates its turnover to new heights

Economy Materials 9 January 2025 19:47 (UTC +04:00)
Azerbaijan's Baku Stock Exchange elevates its turnover to new heights
Sadig Javadov
Sadig Javadov
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BAKU, Azerbaijan, January 9. Last year, the Baku Stock Exchange danced to the tune of 71.1 billion manat, a symphony echoing the rhythm of $41.8 billion in securities transactions.

The data obtained by Trend from the BSE shows that this figure is 2.6 times higher than in 2023.

Throughout the reporting interval, repurchase agreements constituted 60.9 billion manats ($35.8 billion) of the BSE's transactional throughput, representing a 3.5-fold increase compared to the preceding year.

The aggregate transactional volume in sovereign debt instruments reached 5.9 billion manat, equivalent to approximately $3.4 billion. This represents a decrement of 30.1 percent relative to the figures recorded in 2023.

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