Asia Frontier Capital Ltd. will launch of the “AFC Uzbekistan Fund”. The company is now accepting subscriptions from investors and the first subscription deadline will be on 29 March 2019.
The Senate of Oliy Majlis jointly with the Capital Market Development Agency and UNDP has held support organized a consultation meeting with heads of representative offices of international financial institutions accredited in Uzbekistan.
In February 2019, the Uzbek Republican Commodity Exchange (UZEX) took another significant step to further develop international relations and trade in the derivatives market of Uzbekistan. UZEX became a full member of the Association of Futures Markets (AFM).
In Chelyabinsk, at the conference “Business – 2019: new in the support system for entrepreneurs of the Chelyabinsk region”, a presentation of the trading platform of UZEX was held.
A delegation of Byelorussian Steel Works (BMZ) during the visit to central office of the Belarusian Universal Commodity Exchange (BUCE) held a discussion on prospects of exporting metal products to Uzbekistan via Uzbekistan Commodity Exchange (UZEX).
Another foreign trading platform of Uzbekistan Commodity Exchange (UZEX) opened in Shanghai (China) on the basis of the Chinese company Xinjiang Asia - Europe International Material Trade Center Co., LTD.
The volume of exchange transactions with corporate securities on Uzbekistan Stock Exchange (UZSE) in 2018 amounted to 687.9 billion soums, which is 2.3 times more than last year (298.6 billion soums in 2017).
Public offer of SPO shares of Kokand Mechanical Plant JSC was an important step in the development of the stock market of Uzbekistan.