Stock exchange turnover of Belarusian Universal Commodity Exchange JSC up 26 percent in 2015

According to the Exchange’s press secretary, Roman Yaniv, the number of completed transactions in 2015 at the BUCE increased to Br20.2 trillion (26 percent more than the same period in 2014). The highest rates of growth were demonstrated by the e-trading sites of industrial and consumer products. According to Mr. Yaniv, turnover rose by 69 percent and the number of bidding participants reached 600.

According to the BUCE representative, the positive trend was as a result of the active placement of tenders for sales by domestic exporters. Consequently, the volume of export deals rose four-fold — exceeding Br1 trillion. “Ferrous and non-ferrous metals and products made from them enjoyed the greatest popularity among bidding participants, in addition to junk, waste metal and electro-technical products,” he added. Around half of all turnover accounted for export deals. 

An 8 percent growth (against 2014) was registered in agricultural produce. “The upward growth was due to increased sales of dry milk to the Russian market and the increased interest demonstrated by Belarusian agricultural companies in oil seed coarse meal and feed additives,” explains Mr. Yaniv, noting that, in 2016, trade in services is to become a BUCE priority.