Baku Stock Exchange turnover increased


Baku Stock Exchange turnover increased

The total volume of securities transactions carried out on the Baku Stock Exchange (BSE) is 2.6 times higher than in 2023.

Photo: Azerbaijan State News Agency (AZƏRTAC)

The total volume of securities transactions conducted on the Baku Stock Exchange (BSE) last year amounted to 71.1 billion manats.

As Trend reports with reference to the BSE, this figure is 2.6 times higher than in 2023.

During the reporting period, repo transactions accounted for 60.9 billion manats of BSE turnover, which is 3.5 times more than a year ago.

The volume of trading in government securities amounted to 5.9 billion manat. This is 30.1% less than in 2023.

Note of the editor: A repurchase agreement (repo) is a short-term agreement to sell securities and repurchase them later at a slightly higher price.

Source: https://www.trend.az/business/3991214.html