Stock market shows steady growth

In the first half of 2013 the total UZEX turnover reached 3.37 trillion soums, which is 25.3% more than in the same period of 2012.

The Uzbek National Commodity Exchange (UZEX) summarized the results of its operations for the first half of 2013. Growth rates of exchange indices significantly exceeded forecasts. In particular, the total trade volume reached 3.37 trillion soums, which is 25.3% more than in the first half of 2012. Including the volume of trading amounted to 2.9 trillion sums with a growth of 25.8%, exhibition trades - 270.7 billion soums (up 15.3%) and electronic trading on public procurement - 176.9 billion soums (up 33.7%).

(Currency rates of CB from 14.08.2013 1$=2111.45soums).

The results have been achieved by expanding the range and increasing the volume of traded assets. In the overall structure of goods sold were leading cement, whose share was 28%, food products, including cooking oil, flour and sugar - 23%, non-ferrous metals - 8%, liquefied gas - and oil 6% - 4%.

Along with the increase in sales within the country’s export market has also shown impressive growth. Thus, through the exchange and exhibition trades were sold goods to 162.68 billion soums, which is 38% more than last year. Of these, a currency trading platform sold goods 128.8 billion soums with a growth of 16.9%. In the first half of 2013, due to the formation of market prices, sellers have an additional income of 1 trillion soums, which is 26% more than the same period last year. The subjects of small business and entrepreneurship have become more position themselves as active participants exchange and auction trading. Altogether they made acquisitions to 1.3 trillion soums (up 15%) and implemented their own production to 371.2 billion soums, which is 8.2% more than last year.

The volume of e-tendering for public procurement has increased by 33.7% to 176.9 billion soums. The result was saved budget funds for 36.1 billion soums with a growth of 6.2%. In general, the number of suppliers of the small business share was 82.9%, and their number increased by 22.1%.

In the structure of goods and services purchased by budget organizations, leadership preserved foods - 33%, maintenance of buildings and vehicles - 20%, the purchase of computer equipment and machinery - 12%. The average value of transactions reached 1.4 million soums.

(Source: “Uzbekistan Today” newspaper)