On 12 November, it was the day of repo deals at the Uzbekistan Stock Exchange “Tashkent”. The share of repo deals made 92.58% of total trade turnover for the day. Such deals were held on stocks of two issuers: Uzbektelecom and Uzkurilishashesavdo.
During the day all stocks fell in price at the Uzbekistan Stock Exchange “Tashkent” (UzSE) on 11 November. Even securities of such issuers as Kuvasay cement, Kvartz, etc. went down. The largest fall was registered on common stocks of Kvartz and Kashkadaryo parmalash ishlari, both fell in price by fourth. After sudden price growth on common stocks of OJSC Kvartz, the largest producer of structural glass in the republic, in the end of August and beginning of September from US$3.87 to US$90.05 per stock, a significant fall was registered on the reporting day.
After sudden price growth on common stocks of Uzbekhimmash (Uzbek chemical machinery) (25% is owned by JSC Uzneftegazmash (Uzbek oil and gas machinery) in the middle of September from US$2.40 to US$86.27 per stock, on 10 November a significant fall was registered at Uzbekistan Stock Exchange “Tashkent” (UzSE).
On 7 November investors were relatively active at the Uzbekistan Stock Exchange “Tashkent” (UzSE); this led to slight price growth on many securities and acquisition of significant holdings in several issuers.
On 6 November, trading day at the Uzbekistan Stock Exchange “Tashkent” (UzSE) began with price growth, common stocks of Kashkadaryo parmlash ishlari (51% is owned by JSC Uzgeoburneftegaz (“Uzbek geology, drilling of oil and gas”) rose by 20.78%. The largest turnover, according to the results of the day, belongs to the stocks of this issuer; its total turnover exceeded US$84,000.
On Wednesday, 5 November, investor activity remained at low level at the Uzbekistan Stock Exchange (UzSE) “Tashkent”. Total turnover of The UzSE made US$15,870. Even trading sessions held on stocks of local blue chips didn’t promote the market growth. Besides, negative trend in the market prevailed.
Compared to the previous day, the trade turnover slumped hundreds of times at the Uzbekistan Stock Exchange “Tashkent” (UzSE) on 4 November. Number of issuers, stocks of which were traded, decreased. Total turnover was US$26,200. Investors acquired 3,523 common stocks (or 2.52% of authorized capital) of Birjaservicemarkaz (Exchange service center).
On 3 November, total turnover at the Uzbekistan Stock Exchange was US$1.253 million. About 98% of total market turnover was made by the deal on purchasing of 25% of common stocks (i.e. blocking stock) of OJSC Malika at the primary market for national currency.
Number of joint-stock companies in Uzbekistan made up 1,849 as of 31 October 2008, the State Central Securities Depository said.
Last week (27-31 October) proved to be more active compared to the previous trading periods. For the period considered, deals on purchasing major stock holdings (morethan1%ofauthorized capital) of different issuers were registered every day at Uzbekistan Stock Exchange “Tashkent” (UzSE).