Tashkent, Uzbekistan, Jan. 27
By Demir Azizov- Trend:
The turnover of the Uzbek Republican Stock Exchange 'Toshkent' increased by 1.7 times in 2015 compared to 2014 and amounted to 160 billion soums, the stock exchange told Trend.
Some 357 million securities (two times growth) of 78 joint stock companies (35 percent decrease) were sold in 2015 at the stock exchange auctions.
The primary market's share in the exchange turnover hit 41.2 percent of the total exchange turnover in 2015 compared to 67 percent a year earlier.
The primary market's turnover increased by 1.3 percent to 65.4 billion soums.
The secondary market's share in the exchange turnover increased up to 58.8 percent versus 33 percent a year earlier.
The secondary market turnover increased nearly by three times - up to 94.7 billion soums (32.2 billion soums year ago).
The share of financial companies amounted to 88.4 percent of the stock exchange turnover, including banks - 87.8 percent, insurance and leasing companies - 0.6 percent and 0.02 percent respectively.
The share of an agro-industrial complex in the total stock exchange turnover hit 7.4 percent, the industrial sector - 0.3 percent, the share of the construction enterprises - 1.9 percent.
Toshkent stock exchange was established in 1994. Its founders are investment, brokerage and insurance companies, as well as the State Property Management Committee of Uzbekistan.
The stock exchange organizes primary placement and secondary trading of assets and bonds of privatized companies with approximately 370 issuers being allowed to participate in trading. More than 100 investment institutions are members.
The total trade turnover at the stock exchange increased by five percent to 97.6 billion soums in 2014 compared to 2013.