UZSE turnover in May hits 3.8bn soums

The exchange said that it recorded 117 deals with 7.7 million shares of 21 issuers in May 2012.

The IPO market accounted 47.1% share of turnover or 1.8 billion soums in May, while share of the secondary market made up 52.9% or 2 billion soums.

The average size of the deals in May made up 32.4 million soums, while average size of daily deals was 172.3 million soums.

Largest deal of the month was recorded on 1 May 2012 at the IPO platform with the shares of Asaka Bank. Some 8,600 shares of the bank were traded for 494.5 million soums.

The exchange said that about 71.9% of deals for 2.7 billion soums were carried out with stocks of the commercial banks in the reporting period.

About 10.8% of deals or 0.4 billion soums fell to share of construction enterprises and 16.5% or 0.6 billion soums to enterprises of other industries.