FEDERATION OF EURO-ASIAN STOCK EXCHANGES
ANNUAL REPORT APRIL 2014
FEDERATION OF EURO-ASIAN STOCK EXCHANGES
Mustafa Baltaci
Secretary General of FEAS
2012 Market Activity in the Region:
The FEAS Region contains 34 member
exchanges and 16 affiliate members
(represented by clearing and settlement
institutions, dealer’s associations and regional
federations) in 30 countries.
As of December 2012, the number of traded
companies admitted to listing only, in FEAS
member markets reached a regional total
of 6,306 and market capitalization reached
US$ 705,726.2 million showing an increase
of US$ 83,981.5 million or 11.0% over 2011.
As of December 2012, the number of traded
companies admitted to listing only, in FEAS
member markets reached a regional total
of 6,306 and market capitalization reached
US$ 705,726.2 million showing an increase
of US$ 83,981.5 million or 11.0% over 2011.
The FEAS region over the last 5 years has for
the most part grown consistently with a break
in that pattern in 2009 due to the aftermath of
the global crisis in 2008. We can see that the
effects of the crises were more strongly felt in
2008 as compared to 2009 thru 2012 although
equities have not shown a full recovery we do
see improvement in the fixed income market.
In 2012 Equity EOB Turnover was US$ 426,934
million. The 5-year statistical comparison shows
that markets are providing stronger listings with
greater transparency, and that market forces
continue to push toward issuer quality versus
material privatization quantity. The average daily
trading volumes in the stock segment continued
to grow over the last 5 years 22% increase in
2013 in terms of number of shares traded. The
regional figures show a shift in trading from
Stocks to Bonds and other instruments as t-bills,
currency, repo/reverse repo and derivatives.
In addition, the development in the FEAS
markets can be seen through results in the
adjusted annualized return on member indices.
*For individual member statistics, please go to the statistics
section at the end of the Report.
2013 CALENDAR OF MEETINGS
April 28-30
5th International Orientation Course on Islamic
Capital Markets, Tehran, Iran June 8
Kazakhstan Stock Market Presentation Day September 30
BIFEC (Borsa Istanbul Finance and Economy
Conference)
May 1-2
First National Corporate Governance Conference
(Achieving Iran’s Development Vision), Tehran, Iran June 18
Euromoney Events for Borsa - Istanbul Euroasian
Financial Forum, Istanbul, Turkey October 16-19
23rd Zagreb Stock Exchange and 7th Fund
Management Conference
May 7-10
7th International Exhibition of Exchange,
Bank & Insurance (Finance Industry & Investment
Fair “FIIF”), Tehran, Iran September 19
OIC, Istanbul, Turkey November
Celebration of the 20th Anniversary of Kazakhstan
Stock Exchange
May 23
Spring Working Committee Meeting, Sarajevo,
Bosnia & Herzegovina
May 24
SASE Annual Meeting
PAGE 6
September 20
Turkish Arab Capital Markets Forum
September 25-27
SFOA 34th Bürgenstock Meeting, Geneva,
Switzerland
December 1-4
General Assembly & Executive Board of Directors
Meeting & Working Committee, Muscat, Oman