UZSE turnover makes up 12.5bn soums in 1Q

Overall, 189 exchange deals (294 deals in 1Q 2013) were carried out in the reporting period and some 27.873 million shares of 51 issuers were realized for 7.8 billion soums and 4,100 bonds of three issuers were sold for 4.7 billion soums.

Share of IPO market in total turnover in January-March 2014 made up 65.8% or 8.2 billion soums. The IPO market turnover rose 1.1 times year-on-year in the reporting period (7.6 billion soums).

Share of the secondary market was 34.2% or 4.3 billion soums, which fell 2 times compared to the same period of 2013 (8.1 billion soums), of which 9.7 billion soums were deals with corporate bonds and 0.1 billion soums – Repo deals.

The reason for decreasing of turnover at the secondary market is deficit of proposals of large companies and financial institutions, which have high liquid and investment attractiveness.

About 88.1% of total turnover of UZSE or 11 billion soums fell to share of securities of the financial institutions, of which 80.7% or 10.1 billion soums – to banks, 7% or 0.9 billion soums to insurance companies, 0.4% or 0.04 billion soums – leasing companies. The share of financial sector in the first quarter of 2013 was 79.6% or 12.5 billion soums.

Share of agriculture complex at UZSE turnover made up 3.3% or 0.4 billion soums (8.5% or 1.3 billion soums in 1Q 2013). The industrial sector accounted 6.5% or 0.8 billion soums (0.5% or 0.1 billion soums). Enterprises of construction industry accounted 1.4% of UZSE turnover or 0.2 billion soums (1.5% or 0.2 billion soums in 1Q 2013).