Baku SE Future Outlook 2008

BSE plans to purchase a new trading system. The new trading system is expected to be presented for the use of the market participants in 2008.

This year BSE will adopt new listing rules, which currently are in the process of preparation. Besides it, BSE attaches great attention to modification of other internal rules. Adopted in 2000, those rules do not meet the requirements of the market nowadays, and therefore, in 2008 some of them are expected to be modified.

In 2008 BSE will continue the work on development of the corporate securities market.  The state securities market will also be in the focus of attention, since it is planned to continue the process of investors attraction to this segment of the market as well.

Recently some new banks have been established in Azerbaijan, and generally, the bank sector in the country is rapidly developing. This factor is positively influencing the stock market of the country, too. Money supply in the economy of the country grows, banks are involved more and more actively to the stock market. As a result of it, the exchange expects growth of money supply in the stock market.