OREANDA-NEWS. November 02, 2009. The total volume of transactions for the period of Jan-Oct 2009 for all securities traded in the Baku Stock Exchange exceeded USD 3.79 bn (rate as of 1st November (AZN 0.8032 to the US dollar) and totaled 31.99 of the 2008 turnover.

The BSE reports that for Jan–Oct of the year overall turnover on all instruments AZN 3.045 bn that is by 58.6% (AZN 7.356 bn) less versus the 2008 same term indicator.

In October turnover totaled AZN 145.349 million versus AZN 110.006 million in September, AZN 189.389 million in August, AZN 456.657 million in July, AZN 171.58 million in June, AZN 141.26 million in May, AZN 327.7 million in April, AZN 231.939 million in March, AZN 543.628 million in February and AZN 1.086 bn in January of 2009.

91.31% of the deals fells on the share of government securities for Jan-Oct of the year.

“The overall corporate securities market increased by 39.66%. Particularly, the secondary market of corporate bonds has risen by more than 3 times and primary market by 35.32%. The highest growth rate was observed in the secondary market of equities, which increased 13-fold. The primary market volume has grown by 0.16%. There was an increase in trading activity of both state bonds’ primary and secondary markets by 1.74 and 1.71 times respectively,” it was reported.

For 2008 BSE overall turnover on all instruments reached AZN 9.519 bn (USD 11.88 bn) that exceeds the 2007 index by 173.39%. For comparison: BSE turnover for 2007 totaled AZN 5.48 bn (USD 6.487 bn) that is by 394.94% more versus the 2006 figures. In 2007, 93.84% of transactions fell on the share of government securities. In the first half of 2008 Exchange’s turnover totaled AZN 4.995 bn (USD 6.17 bn).