Baku Stock Exchange Sees 21% Turnover Decline Despite Transaction Increase

Baku:The total turnover of the Baku Stock Exchange (BSE) members experienced a significant decrease of 20.8% from January to October 2026 compared to the same period the previous year.

According to Azeri-Press news agency, the turnover amounted to 69.3 billion manats, a drop from 87.5 billion manats recorded in the corresponding period of 2025. This represents a year-on-year decrease of 18.2 billion manats.

Despite the decline in turnover, the number of transactions on the BSE saw a substantial increase, rising from 49,519 to 104,602 transactions. This growth reflects an increase of 55,083 transactions, or 111.2%. However, the average turnover per transaction saw a decline, falling by 62.5% from 1.77 million manats to 662,900 manats.