During the period from April 17 to 24, most highly liquid stocks on the Tashkent Stock Exchange (TSE) declined in price. The exchange's main UCI index fell by 1.04%. Of the most popular securities, 6 closed in positive territory, 11 in negative, and one remained unchanged.
Growth Leaders
- UzTransGas shares — +16.75%;
- UzPromStroyBank preferred shares — +11.61%;
- Trustbank shares — +4.79%.
Price Decline
Common and preferred shares of Uzbektelecom fell by 30.88%. Previously, trading was halted due to additional share issuance; trading resumed on April 21. After that, TSE adjusted the price of common shares to 2,400 soums and preferred shares to 2,033 soums.
Ipoteka-Bank securities fell by 6.63%. The only shares that did not change price during the week were common shares of UzPromStroyBank.
Trading Activity
The most transactions were concluded with Chilanzar Commodity Market shares (3,065), UzRTSB commodity and raw materials exchange (1,639), and Hamkorbank (1,600).
By trading volume, UzRTSB led with 1.87 billion soums. Followed by Hamkorbank (1.56 billion soums) and UzPromStroyBank (503.9 million soums). Total deal volume on the exchange's main platform for the week was 15.71 billion soums.
For holders of Uzbektelecom securities, the price adjustment is related to the resumption of trading after additional share issuance: the reference price was changed by the exchange.