Uzbekistan stock market witnesses decline in share prices
Tashkent, Feb. 27 -- The stock market in Uzbekistan experienced a decline last week. Out of the 28 highly liquid shares at the Republican Stock Exchange "Toshkent," 19 of them saw a decrease in price.
The UCI index dropped by 1.4%. Companies such as Uzbektelecom, Khamkorbank, and Uzmetkombinat had negative performance. The financial sector also saw a pullback, with "Business Development Bank" and Universalbank experiencing significant drops. Some other banks and companies also ended the week with losses. Only a few shares showed minimal growth, and overall, the market did not perform well. During the week, there were 13.1 thousand transactions with securities worth 7.2 billion soums.
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