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Uzbekistan's securities, corporate bonds market volume revealed(Exclusive)

Business Materials 29 October 2018 12:06 (UTC +04:00)

Baku, Azerbaijan, Oct. 29

By Fikret Dolukhanov – Trend:

In January-September 2018, 126 issues of shares worth 12.0 trillion soums were recorded in the Unified State Register of Securities of Uzbekistan, the State Committee of Uzbekistan for Assistance to Privatized Enterprises and Development of Competition told Trend.

According to the information, in the reporting period, 1.2 trillion shares were issued with the number of shares in circulation reaching 5.5 trillion. The total nominal value of current share issues totaled 56.6 trillion soums.

The total turnover of the securities and corporate bonds market amounted to 8.3 trillion soums.

According to the State Competition Committee, the number of valid licenses for professional activity in the securities market of Uzbekistan reached 133. In the first nine months of 2018, 10 licenses were issued, 29 were reissued.

The total number of valid qualification certificates of specialists of the securities market reached 296. As of Oct. 1, 2018, 63 qualification certificates were issued.

Earlier, the President of Uzbekistan Shavkat Mirziyoyev gave instructions for development of the capital market in accordance with the Strategy of Actions, for issuance of securities to attract free funds of economic entities, commercial banks and insurance companies.

Since the beginning of the year, 8,351 securities transactions for a total amount of 439.7 billion soums have been concluded at the Toshkent RSE. Some 7.73 billion securities of 114 issuers were used in the trades.

(8226.10 soums = 1 USD on Oct. 29)

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Follow the author on Twitter: @FDolukhanov

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