The Tashkent Republican Stock Exchange suspended trading in the shares of Ipoteka Bank and SQB from January 21, the exchange said. The halt affects ordinary shares of the two banks after an «anomalous» surge in prices between January 6 and January 19.
During that period, Ipoteka Bank shares jumped nearly 132.3%, while SQB shares rose 146.2%, the exchange statement said. The trading venue added that «additional information on this matter will be published through the exchange’s official channels.»
Last week, 24 of 29 highly liquid stocks rose in value, one stayed unchanged, and four fell. The UCI index also increased by 3.4%.
