Uzbek Stock Exchange Toshkent’s turnover ups by 3.4 times
Uzbekistan , Tashkent, Oct. 3 / Trend, D.Azizov /
The turnover of the Uzbek Republican Stock Exchange "Toshkent" in September 2011 increased by 3.4 times compared to the same period of 2010 and amounted 14.5 billion soums, the Stock Exchange said.
Some 3.4 million shares of 27 joint stock companies were sold at the exchange auctions in September 2011. The share of the primary market in the structure of exchange turnover was 76.6 percent (11.1 billion soums) in September 2011
According to the Stock Exchange , 10,000 shares of JSC " Uzavtosanoat" worth more than 10 billion soums, as well as 19,000 shares of State Joint-Stock Commercial Bank "Asaka " worth 1.1 billion soums were sold on the primary market.
The share of the secondary market hit 18.6 percent (2.7 billion soums). In addition, in September, repo and reverse repo transactions were conducted , share of which hit 4.8 percent ( 0.7 billion soums).
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.
The total trade at the exchange decreased by 26.4 percent in 2010 to 64.379 billion soums.
In the first half of 2011, turnover of the Republican Stock Exchange "Toshkent" increased by nine times , compared to the same period of 2010 and amounted to 83.314 billion soums.
The official exchange rate was 1,746.60 soums to $1 on Oct.3.