Uzbek Stock Exchange's turnover drops
Uzbekistan, Tashkent, July 12 /Trend D.Azizov/
The turnover of the Uzbek Republican Stock Exchange (RSE) Toshkent has declined by 7.4 percent in the first half of 2012 compared to the same period in 2011 and amounted to 77.1 billion soum, the management of the exchange told Trend on Thursday.
Some 84.515 million of securities (down by 25.9 per cent) of 89 issuers (an increase of 12.7 percent), including 84.503 million shares of 88 JSCs and 11,000 pieces of corporate bonds of one issuer - joint stock company Uzavtosanoat were sold in total in January-June this year on the stock exchange.
The securities of the financial sector dominated in the sectoral structure of the total exchange turnover of securities in the first half of 2012 - they accounted for 72.3 percent of stock market turnover (55.7 billion soum). In particular, bank shares accounted for 67 percent of the stock market turnover (51.6 billion soum, the shares of insurance and leasing companies - 1.7 percent (1.3 billion soum) and 3.7 percent (2.8 billion soum).
The shares of companies in the industrial sector amounted to 17.4 percent (13.4 billion soums) exchange turnover in January-June of this year, enterprises of the construction industry - 1.3 percent (one billion soum), and agriculture - 3.9 percent (three billion soum).
No deal with hard currency has been concluded.
Republican Stock Exchange "Toshkent" 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.
Official exchange rate on July 12 is 1892.59 soum/$1