Baku Stock Exchange Trading Volume Surges 156%

The Baku Stock Exchange reported trading volumes of $4.8 billion during the first three quarters of 2025, representing a 156% increase from the previous year and signaling robust capital market development.

Government bond issuances totaling $2.3 billion attracted domestic and international investors seeking stable yields. Ten-year sovereign bonds traded at yields of 6.8%, reflecting improved credit ratings and macroeconomic stability.

Seven companies completed initial public offerings, raising $340 million in primary capital. Technology, telecommunications, and financial services firms dominated new listings, expanding market capitalization to $18.4 billion.

Foreign institutional investors increased exposure to Azerbaijani securities, with portfolio allocations growing 78%. The Central Bank's relaxation of currency restrictions and transparent regulatory framework enhanced market attractiveness.

Electronic trading platform upgrades reduced transaction costs by 35% and enabled real-time settlement capabilities. Integration with international clearing systems facilitated cross-border investment flows.

Analyst forecasts project continued growth, with additional corporate listings and government infrastructure bond issuances planned for 2026. Capital market deepening supports economic diversification objectives.