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    Finance

    Tashkent Stock Exchange delists Jizzakh Plastics and eight others companies from exchange list

    Tashkent Stock Exchange delists Jizzakh Plastics and eight others companies from exchange list

    The Tashkent Republican Stock Exchange has announced the exclusion of nine companies from its "Standard" category quotation list, citing failure to meet the requirements set forth by the exchange. The decision was made by the board of the exchange on February 5, following a thorough analysis of the companies' compliance with the conditions for having securities listed.

    Photo: The Tashkent Republican Stock Exchange
    Source: Uzse

    The companies excluded from the "Standard" category are as follows:

    1. Jizzakh Plastic
    2. Uzbekistan Rangli Metal Parchalari, Chikindilarini Tayorlash va Kayta Ishlash Zavodi (Uzvtortsvetmet)
    3. Tashkent Yog-My Plant
    4. Mastona
    5. Neft va gaz kuduklarni sinash
    6. Sarbon-Neftegaz
    7. Turon-Xojeyli
    8. Sirdaryo Vino
    9. Uzpartaminot
    Photo: The companies excluded from the "Standard" category are as follows
    Source: Uzse

    The decision to exclude these companies from the quotation list underscores the importance placed by the Tashkent Republican Stock Exchange on maintaining high standards of compliance and transparency among listed entities.

    Additionally, on February 6, the board of the exchange announced the inclusion of Ohangaronshifer shares in the quotation list. Both common and preferred securities of Ohangaronshifer were admitted to trading starting from February 7, with the tickers OHSF and OHSFP, respectively.

    Earlier Daryo reported that during November 2023, the Tashkent Stock Exchange experienced significant shifts in trading activities and stock behavior. Throughout the month, the total trading volume stood at UZS 16.3 bn (equivalent to over $1.3 bn), with 36,218 transactions executed. This marked a decrease of 0.9 times compared to the same period in November 2022. The AVEX Index, which serves as a crucial measure of market performance, declined by 5%, reaching its highest point at 2,546.9 points.

    Established on April 8, 1994, under the decree of the President of  Uzbekistan, dated January 21, 1994, the Tashkent Republican Stock Exchange has evolved in tandem with the reform agenda of the republic, particularly in the establishment of public joint-stock companies through the privatization of state enterprises.

    Today, the Tashkent Republican Stock Exchange boasts over 100 broker offices across all regions of the republic. Equipped with state-of-the-art technology and software, the exchange facilitates seamless connectivity for clients to participate in auctions from any location.

    Follow Daryo's official Instagram and Twitter pages to keep current on world news.

     

    07.02.2024, 14:07   Comments (0)   1794
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