OREANDA-NEWS. July 1, 2008. Baku Stock Exchange (BSE) turnover made AZN 4,954.736 million over January-June of 2008 as of exchange rate by early June.

BSE informed that the total turnover of transactions on all instruments made AZN 4,021.759 million over January-June of 2008. This indicator exceeds the same one for the analogous period of the last year by 267.79%.

“98.87% of transactions fell to share of government securities,” it was informed.

It should be noted that the growth of the stock exchange activity was registered not in all segments of the organized securities market. In the sector of corporate securities reduction was observed. So, 45.3% decrease was observed on the equities primary market and 99.61% - in the sector of secondary market. 36.45% reduction was observed on T-bills placement market. The largest growth was observed on the repo operations market and Notes secondary market (see: the table below).

For comparison: BSE turnover over 2007 made AZN 5,483.762 million (USD 6,487.356 million) that exceeded numbers in 2006 by 394.94%. Last year 93.84% of deals fell to T-bills.