UZSE records deals for 15.7bn soums in 1Q

The exchange recorded 294 deals in the first quarter of 2013, within which some 9.976 million shares of 52 issuers for 10.6 billion soums and 5,000 bonds of three issuers for 5.1 billion were sold.

The secondary market accounted 51.5% of total turnover or 8.1 billion soums in the reporting period. At the same time, turnover of the secondary market fell 1.3 times compared to the first quarter of 2013 (10.4 billion soums).

The exchange said that deficit of high liquid and attractive securities at the secondary market resulted in fell of turnover of the market in the first three months of 2013.

Share of IPO market at UZSE turnover in the first quarter of 2013 made up 48.5% or 7.6 billion soums, which fell 5 times compared to the same period of 2012 (38.3 billion soums).

The analyses of the deals showed that 79.6% of deals or 12.5 billion soums fell to share of enterprises of financial sector, 55% of turnover or 8.6 billion soums – share of banks, 3.8% or 0.6 billion soums – insurance companies and 20.8% or 3.3 billion soums - leasing companies.

Share of industrial sector made up 0.5% of total turnover or 0.1 billion soums, agro-industrial complex – 8.5% or 1.3 billion soums and construction industry enterprises – 1.5% or 0.2 billion soums.