Analytical review of exchange trading (December 16-20, 2019)

On the Republican Stock Exchange “Toshkent” in the period from December 16 to 20 of the current year, 780 transactions with more than 6.9 million securities worth 2.857 billion UZS were registered.

In the industry context, the construction industry leads in the number of transactions. With the securities of 3 issuers in this industry, 246 transactions were concluded (32% of the total number of transactions) in the amount of 317.42 million UZS

 The leader in terms of transaction volume is Insurance sector . With the securities of 4 issuers in this sector, 37 transactions were recorded in the amount of 1,508.58 million UZS, which is 53% of the weekly turnover.

Also last week, transactions were conducted with representatives of industries such as trade (2 issuers, 14 transactions in the amount of 349.25 million UZS), industry (12 issuers, 188 transactions in the amount of 202.66 million UZS), banks (8 issuers, 212 transactions worth 44.63 million UZS) and agribusiness (7 issuers, 83 transactions worth 434.59 million UZS).

The largest trading volume fell on the share of Alskom JSC - 5 deals with 895 thousand securities in the amount of 1 507.88 million UZS (53% of the total).

Since the beginning of the year, 112 deals worth 1,334.91 billion UZS were made with ordinary shares of Kuvasoycement JSC. In the first two months, a clear price corridor of 250,000 - 310,000 UZS was observed, while at the end of February and beginning of March there was a drawdown of the corridor, a new price corridor of 200,000 - 250,000 UZS was installed, which remained until the end of June. Over the next three months, the price rose, breaking through the resistance level of 350,000 UZS at the end of September. In the next few days, a threshold of 400,000 UZS was taken, after which the price held at 400,000 - 420,000 UZS only once breaking through the resistance level of 450,000 at the beginning of December, after which the price immediately returned to the equilibrium.

Since the beginning of the year, there were totally 777 deals with 928 thousand securities in the amount of 8 billion UZS with ordinary shares of UZEX. From January to April there was a relatively stable price range of 5-7 thousand UZS. In May, the price increased and the price range of 7-9 thousand UZS continued until August. In September, there was a way out of the previous corridor, a new corridor of 9-11 thousand UZS was installed, then a resistance level of 11 thousand UZS was touched, followed by a sharp rollback. In mid-August, a major transaction took place at a price of 8,200 UZS in the amount of 4.8 billion UZS, which served as an impetus to a consistent increase in prices. In September, the resistance level of 19 thousand was broken. UZS, but then the price returned to the corridor 11-13 thousand UZS and this corridor continued until the end of November. In December, there was a significant increase in prices to 19 thousand UZS and a new price corridor of 15-19 thousand UZS was established.

Since the beginning of the year, there were totally 136 deals with ordinary shares of Toshkentvino JSC with 6188 ordinary shares in the amount of 1.3 billion UZS. In the first 5 months, price fluctuations are observed, with a price range of 150-226 thousand UZS. From July to September, relatively stable growth and breakdown of the support level of 200 thousand UZS was observed, then there was a recovery, with attempts to break through the resistance level of 250 thousand UZS. In December, the price broke through the resistance level of 250 thousand UZS, perhaps a new price range of 250-300 thousand was established.

Since the beginning of the year, there have been totally 234 deals with 18,382 securities with a total amount of 234 mln UZS. From March to May, prices were relatively stable in the price range of 13-18 thousand UZS but on May 22, the price broke through the resistance level of 43 thousand UZS In July, the support level of 23 thousand was broken. sum, and from August to early September, the price corridor was again established within 13-18 thousand UZS At the end of September to December, the price was relatively stable, in the price range of 6-9 thousand UZS.

At the moment, there is a subscription campaign for public offerings of ordinary shares of two issuers - SPO JSC Kvarts and IPO JSC Jizzax Plastmassa.

Subscription SPO Kvarts JSC began on October 19, 2019, and ends on December 24, 2019. At the moment (12/23/2019) 1369 applications for 70.10% of the issue, or 3,380,381 shares, have been submitted. The offer price for SPO is from 3,270.40 UZS, the target price is 4,681 soums. According to the current state, applications have been submitted in the price range from 3,270.40 soums to 3,501 UZS. Quoted price / KVTS / for December 23, 2019 - 3,888 UZS.

The IPO subscription for JSC Zhizakh Plastic began on December 12, 2019, and will end on March 13, 2020. The total number of shares placed is 1,140,246 shares, the price range is from 3,400 UZS to 30,541 UZS, the limit on one person (except the underwriter) is 11,402 pieces. Quotation price / JIPL / due to recent listing is not available at the moment, the nominal price is 3,065 UZS, the target price of one share according to the results of the underwriter assessment is 30,541 UZS.

It is impossible not to mention that on a special platform for accepting applications from the RSE “Toshkent”, large blocks of shares of the following issuers were put up for negotiating the auction section of Nego Board to identify potential buyers: