Market Movements: UzAuto Motors Surges While Alokabank Declines
From November 1 to November 8, 2024, the Tashkent Republican Stock Exchange experienced significant changes in its shares. During this period, the UCI index increased from 627.45 to 629.67, and the total transaction volume on the exchange surpassed 8 billion soums, with nearly 5,000 buy and sell transactions taking place.
The shares that demonstrated the highest growth
During this period, UzAuto Motors experienced the most significant growth among highly liquid shares, increasing from 63,000 soums to 69,000 soums, which represents a growth of 9.52%. Additionally, shares of Ipak Yuli Bank also yielded positive results, rising from 140 soums to 147 soums, an increase of 5%.
The Greatest Downfall
Alocabank has experienced the most significant stock decline, with its ordinary shares dropping from 0.66 soums to 0.47 soums, representing a decrease of 28.79%. The bank’s preferred shares also suffered substantial losses, falling from 5.14 soums to 3.67 soums, a decline of 28.60%. Turonbank’s shares also faced a significant drop, decreasing from 1,195.00 soums to 1,005.01 soums, a decline of 15.90%.
Steady trends
There were no significant changes in the value of several shares. For instance, the shares of Kyzylkumcement decreased by only 0.06%, dropping from 1,600 soums to 1,599 soums. In contrast, shares of Uzmetkombinat saw a slight increase, rising from 3,480 soums to 3,499 soums, representing a growth of 0.55%.