BAKU SE FUTURE OUTLOOK
Baku Stock Exchange
Posted: Thursday, 28 Aug 2008
The BSE plans to purchase a new trading system. The new trading system is expected to be presented for use by the market participants in 2008.
This year the BSE will adopt new listing rules, which are in the process of being prepared. In addition, the BSE attaches great attention to the modification of other internal rules. Adopted in 2000, some of those rules do not meet the requirements of the market, and therefore, in 2008 they are expected to be modified.
In 2008 the BSE will continue to work on development of the corporate securities market. The state securities market will also be the focus of attention since it is planned to continue the process of attracting the investors attention to this segment of the market.
Recently some new banks have been established in Azerbaijan, and generally, the banking sector in the country is rapidly developing. This factor is a positive influence on the stock market of the country.
Money supply in the economy of the country grows and the banks are involved more and more actively in the stock market; as a result, the Exchange expects continued growth of money supply in the stock market.
Related Link: http://www.bse.az
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