UZEX discussed the results of the first half of 2015 | News

04 Aug 2015
On July 25, the board of UZEX held an enlarged session devoted to results of activity of the exchange in the first half of 2015 and the tasks for the third quarter. The meeting was attended by the heads of departments of the Central office and regional branches, the press service of UZEX said.
 
During the discussion it was noted that in the first half of 2015 the total amount of goods sold on all trading platforms of the exchange made 4.1 trillion soums. Hereby the steady growth of production capacity had a positive effect on the price situation of individual product segments, which also indicates the balance between supply and demand on the exchange commodity market. In particular, a decline was observed for cement - 35%, liquefied gas – 30% and ferrous metals – 12.3%. Moreover, a rise in sales in real terms could be observed on 12 commodity items.
 
The participants separately discussed the issues of participation of subjects of small business and private entrepreneurship in the exchange, trade fair and auction trade. Business entities have been acquired products worth 2.4 trillion soums and realized their own production worth 892.3 billion soums, which is higher than the first half of 2014 by 17.5% and 20.7% respectively. The share volume of deals made by entrepreneurs in the total volume of the exchange compared to 65.2% in the comparable period last year made 79.4%. The growth in the number of transactions with the participation of business entities was observed in almost all regions of the Republic.
 
As was noted at the meeting, other trading platforms of the exchange also had a growth. In particular, the volume of transactions made in the system of exhibition and fair trades made 467.3 billion soums with the growth over the corresponding period of the previous year by 7.6%.
 
In accordance with the decree of the Cabinet of Ministers dated 26.03.2015, No. 69, a new mechanism of public procurement of goods, works and services, on the basis of the electronic catalog has been implemented in the exchange starting from June 1 of the current year. During the reporting period, deals worth 8 billion soums were carried out in the new trading platform of the stock exchange, while the amount of savings made 1.2 billion soums of budget funds.
 
The volume of electronic trading in corporate procurement in the "E-xarid" system increased by 4.9% and amounted to 170.8 billion soums. Budget savings amounted to 35.9 billion soums, against 33.5 billion soums in the first half of 2014. The share of subjects of small business in the supply of goods (works, services) for public procurement through electronic auction made 98% of the number of successful trades and 97% of the total amount of transactions.
 
As a result of carried out works aimed at expansion of the network of trading platforms, 54 new trading platforms were accredited in the regions of the Republic in the second quarter of 2015. By the results of the first six months, 185 active trading platforms, 790 brokerages traders and 2006 traders have been registered on the exchange.
 
In the direction of the implementation of information and communication technologies, the exchange specialists carried out the modernization of three electronic trading systems and implemented a new trading system on public procurement called "E-catalog".
 
Following the meeting, objectives for the third quarter of 2015, including the expansion of the range of goods subject for realization on exchange, the attraction of subjects of small business for electronic trading, as well as issues regarding improving the corporate governance were set and discussed.

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