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Interest in shares of JSC Uzbekcoal continues to grow
2019-01-15 | Economics
At Tashkent Republican Stock Exchange, interest in shares of JSC Uzbekcoal increased significantly. Information about the increase in demand for shares of the main coal producer in Uzbekistan is presented on the official website of the stock exchange.
Currently, the company’s shares are in high demand on Tashkent Republican Stock Exchange. Therefore, 32 transactions were made last week for an amount of over 82 million UZS. Since the beginning of the year, 66 deals worth over 177 million UZS were made with shares of the coal mining company.
In the report of the stock exchange, it is noted that some experts determine the growing interest in the company’s shares by the fact that 45 percent of the state share in the charter of Uzbekcoal was transferred to the trust management of the Russian company Progress Gor Tech.
It should be noted that Progress Gor Tech will create a subsidiary in Uzbekistan, which will manage the package of shares for three years with the possibility of extension if the business plan parameters are reached.
Roman Bondarchuk, UzA
