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UZSE marks its 20th anniversary
UZSE marks its 20th anniversary

UZSE marks its 20th anniversary

Tashkent, Uzbekistan (UzDaily.com) -- Uzbekistan Stock Exchange (UZSE) marked its 20th anniversary on 8 April 2014.

The UZSE was created on 8 April 1994 in line with the presidential decree from 21 January 1994 “On measures on further deepening economic reforms, ensure protection of private property and develop entrepreneurship” and the resolution of the government from 26 January 1994.

Since its launch, the UZSE has been contributing to attracting national and foreign capital into various industries of Uzbekistan and help to develop new capacities.

In 1994, the turnover of the exchange was 30 million soums. The figure reached and exceeded 100 billion soums level in 2006-2007.

2011 became the most fruitful year in all history of the exchange and its annual turnover made up 213.1 billion soums.

In December 2012, the exchange showed significant growth and its turnover made up 53.5 billion soums. It is the best result in 20 year history of the exchange.

Total turnover of the UZSE in past 20 years exceeded 1.5 trillion soums as 100,000 deals with shares of over 2,000 joint stock companies were recorded.

The exchange recoded deals with bonds for 30 issuers for 180 billion soums and repo deals with shares of 47issuers for 80 billion soums. The national companies attracted investment resources to their development for 260 billion soums.

Currently, the listing of the UZSE includes 128 joint stock companies and their share in the turnover of the exchange exceeded 82.5%.

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