Uzbekistan, Tashkent, Oct. 9 / Trend D.Azizov /
The turnover of the Uzbek Republican Stock Exchange "Tashkent" in January-September of 2010 decreased by 3.8 times compared to the same period in 2009 and amounted to 18.677 billion soums, a source in the Stock Exchange said.
About 48,244 million shares (a decrease by 3.5 times) of 122 joint stock companies (reduction by 2.2 times) were sold at the exchange auctions in January-September this year.
The share of the primary market in the structure of exchange turnover was 7.1 percent in January - September 2010 compared to 17.9 percent in the same period last year. The turnover of the primary market has declined to 1.33 billion soums.
About 4,143.3 shares of three JSCs were sold on the primary market from early 2010.
Turnover of the secondary market for the nine months of this year decreased by 3.3 times - to 17.35 billion soums. About 47.740 shares of 2 JSCs totaling $ 549.240 were sold for hard currency compared to 2.67 million shares of 17 JSCs totaling $11.984 million a year earlier.
There are no comments about such a sharp decline in trading.
Republican Stock Exchange "Tashkent" was established in 1994. Its founders are investment, brokerage and insurance companies, as well as the State Property Committee of Uzbekistan. Market organizes primary and secondary trading of privatized companies' shares and bonds (around 370 companies). Members of the exchange are more than 100 investment institutions.
In 2009, total trade on "Toshkent" decreased compared to 19.6 percent - up to 89.978 billion soums in 2008.
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