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'Toshkent' RSE's corporate management at high level - independent assessment

Business Materials 18 April 2018 15:35 (UTC +04:00)

Baku, Azerbaijan, April 18

By Fikret Dolukhanov – Trend:

According to the independent assessment of the Uzbek “Buxgalter-Audit” LLC accounting organization, the system of the corporate management of the “Toshkent” Republican Stock Exchange JSC in 2017 earned 678 points, with the efficiency of its activity being 57 percent and recognized as high, the press service of the “Toshkent” RSE said in its message on April 18.

The volume of exchange transactions at the “Toshkent” RSE reached 43.6 billion soums in 1Q2018, which is 2.2 times higher compared to the 1Q2017 (19.9 billion soums).

The number of transactions concluded on the exchange has also grown significantly, reaching 686, which is almost 40 percent higher than in the 1Q2017 (491 transactions). A total of 161.6 million securities of 58 joint-stock companies were sold in the 1Q2018.

The “Toshkent” Republican Stock Exchange was established on April 8, 1994. Its activities are closely connected with the reforms being carried out in the republic and the policy of creating joint-stock companies of an open type on the basis of privatized state enterprises.

Today “Toshkent” RSE has more than a hundred brokerage offices in all regions of the republic, the most advanced equipment and software capable of connecting its customers to trading process from any office.

(8077.26 soums = 1 USD on April 18)

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