Uzbek Stock Exchange turnover increases by 5% in 2014
Tashkent, Uzbekistan, Jan.16
By Demir Azizov- Trend:
The turnover of the Uzbek Republican Stock Exchange (RSE) Toshkent increased by 5 percent in 2014, compared to the same period of 2013, and amounted to 97.6 billion UZS, the stock exchange told Trend Jan.16.
The official exchange rate on Jan.16 is 2424.31 UZS / USD.
Some 178.347 million securities (45 percent decrease) were sold at the stock exchange auctions in 2014. In particular, it amounts to 178.340 million units of shares (an increase of 45 percent) of the 120 JSC (6.2 percent increase) for a total amount of 89.3 billion sums (56.3 percent increase), and 7,700 pieces of corporate bonds (4.6 times decrease) of the 4 issuers totaling 8.3 billion UZS (4.3 percent decrease).
In 2013, the stock exchange sold 123.034 million units of securities, including 122.999 million shares of 113 JSC totaling 57.15 billion UZS and 35,222 pieces of corporate bonds of the 6 issuers totaling 36.02 billion UZS.
The share of the primary securities market in the exchange turnover structure made up 67 percent compared to 63.2 percent in the previous year, the turnover of primary market of securities increased by 11.2 percent - up to 65.4 billion UZS.
Secondary market share decreased to 33 percent versus 36.8 percent in 2013, and its turnover fell by 6 percent - to 32.2 billion UZS.
The sale of securities on FCC was not implemented at the RSE Toshkent in 2014.
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.
Total trade turnover at the stock exchange decreased by 45.4 percent in 2013 compared to the same indicator of 2012 to 93.17 billion UZS.