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Uzbek 'Toshkent' RSE trade volume exceeds $380,000 in just two days

Business Materials 27 March 2018 11:50 (UTC +04:00)

Baku, Azerbaijan, March 27

By Fikret Dolukhanov – Trend:

Total turnover of the Toshkent Republic Stock Exchange (RSE) reached 3.1 billion soums during March 23-24 trade week.

The press office of the exchange said that a total of 27 deals were carried out on securities of 14 joint stock corporations. As a result, 2.5 million securities were realized.

The press office said that deals on securities of banks and insurance companies were the most popular and accounted for 92.9 and 5.2 percent of the total trade volume correspondingly.

The largest deal was carried out on March 24. It resulted in 2 billion soums worth 2 million securities of the Ravnaq-bank PJSCB being sold. Price of one security was 1,000 soums.

The Alskom JS insurance company was a leader in number of deals carried out. During the week, 95,600 securities of the bank totaling 162.6 million soums were realized in 5 deals at the Toshkent RSE.

Average daily turnover of the exchange totaled 1.56 billion soums, with average deal amount being 115.6 million soums. At the same time, average price of a security amounted to 1,258 soums.

Ravnaq-bank PJSCB with 64.0 percent weekly turnover share, Universal bank JSCB with 16.3 percent, Turonbank JSCB with 12.5 percent, and Alskom JSIC with 5.2 percent were leaders of the trade week.

Since the beginning of 2018, 614 deals on securities amounting to 35.5 billion soums were carried out at Toshkent RSE. A total of 154.3 securities from 52 emitters were traded.

(8140.06 soums = 1 USD on March 24)

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