OREANDA-NEWS. March 19, 2010. In January to February, 2010, turnover of deals with shares in Azerbaijan totaled USD 28 million in accord with exchange rate of AZN 0.8032 to the US dollar on 1st March 2010.

The Azerbaijani State Securities Committee (ASSC) informs that on 1st March 2010 the share market turnover in Azerbaijan made AZN 22.765 million that is 5-fold less than turnover in January to February 2009 (AZN 112.038 million).

“In January to February, 2010, 390 deals were concluded versus 722 ones over similar period of 2009,” it was informed.
At the same time, more than 84% of turnover fell on the share of primary market and 16% - on the secondary market (kerb markets).
Dealing in shares over the reporting period was at the level of AZN 58 million against AZN 155 million in 2009.