UzSE overall turnover exceeds US$10,000 on 31 October
Tashkent, Uzbekistan (UzDaily.com) -- On 31 October, seven deals on stocks of three issuers were held at the secondary market of the Uzbekistan Stock Exchange “Tashkent”. There were no deals at primary market. Jizzakh don mahsulotlari (Jizzakh grain-crop products) became the most active company. The largest turnover also fell on stocks of this issuer.
It should be mentioned that stocks of this issuer are being traded actively this year. Since the beginning of the year securities of Jizzakh don mahsulotlari were traded during three days. Within these days investors acquired 24.90% of this enterprise. Today investor purchased 39,625 common stocks (3.96%of authorized capital) of Jizzakh don mahsulotlari paying US$0.17 per stock. The maximum price Jizzakh don mahsulotlari securities reached in the end of 2004. Then foreign investors acquired more than 10% of stock holding at a price of US$0.31per share. According to the results of the day’s quotes capitalization of the issuer made up US$173,500.
For the last few months, trade sessions on common stocks of beverages producer Mastona were activated. Securities of this issuer were traded last time in 2004. This year investors, perhaps, are trying to consolidate their holding in the company.Only for the last few months investors purchased more than 6% of authorized capital of the company.In the present moment capitalization of Mastona is US$302,500.
Due to purchasing of 3.96% of Jizzakh don mahsulotlari by investor, the share of food producing sector reached 68.34% of total turnover of the UzSE. During the day securities of three issuers, which represent three different sectors of economy, were traded.
Source: Essential Investments (www.ei.uz)