...

Shares of Uzbek banks still highly demanded

Business Materials 5 February 2018 17:13 (UTC +04:00)

Tashkent, Uzbekistan, Feb. 5

By Mamed Dashdemirov – Trend:

Trade volume on Uzbek “Tashkent” stock-exchange decreased by 87.7 percent compared to the same period of 2017 and amounted to 5.6 billion soums in January 2018, information analysis department of the exchange announced Trend on Feb. 5

A total of 16 trade sessions were held on exchange in January 2018, during which 70 purchase and sale deals on 5.5 million securities of 19 emitents had been closed, compared to 21 sessions and 195 deals on 6.5 billion securities of 29 corporations a year before.

İndividuals were the most active investor category with 95 percent share in total money volume of deals and 95.7 percent in amount of deals. Most popular shares were those of HamkorBank, Asia Alliance Bank and Ipak Yuli Bank, deals on which held more than 90 percent of total exchange turnover.

In 2017 trade volumes on “Tashkent” stock-exchange decreased by 9.4 percent compared to 2016 and totaled 298.6 billion soums. Total of 2,600 deals (19.7-percent decrease) were closed at the exchange trades in the reporting period, during which 1.6 billion securities (2.3-time increase) of 99 corporations (1.4-time decrease) were sold.

Foreign investors accounted for 60 percent of closed deals in money equivalent, compared to 50.1 percent for the same period of 2016, natural persons accounted for 32.2 and 16.2 percent correspondingly.

The largest volume of exchange turnover for 12 months of the last year fell on securities of businesses of financial segment accounting for 87.8 percent of total trade volume in money equivalent, including 86.3 percent of banking segment, compared to 51.6 and 50.6 correspondingly a year before.

(8,175.77 soums = 1 USD on Feb. 5)

Tags:
Latest

Latest