Full Article: PDF
Scientific Object Identifier: http://s-o-i.org/1.1/TAS-10-114-33
DOI: https://dx.doi.org/10.15863/TAS.2022.10.114.33
Language: English
Citation: Kamilova, S. (2022). Uzbekistan's Stock Market Analysis and Stock Price Estimation in the Market. ISJ Theoretical & Applied Science, 10 (114), 178-181. Soi: http://s-o-i.org/1.1/TAS-10-114-33 Doi: https://dx.doi.org/10.15863/TAS.2022.10.114.33 |
Pages: 178-181
Published: 30.10.2022
Abstract: Although stock exchanges are built and operating effectively in developed countries, there are still certain challenges involved in the process of calculating the market price of shares in states with lower levels of economic development. During the first decade of the 2000s, the stock market in Uzbekistan did not perform particularly well, and investors did not view equities of joint-stock companies in Uzbekistan as being reliable or profitable. As a result, the proportion of money invested via the stock market during that time was extremely low. However, during the second decade of the 2000s, there was a good trend in the Tashkent Stock Market in Uzbekistan, and the activity of the Stock exchange and JSC also marginally improved after certain measurements. However, there are still certain questions that need to be answered about the calculation of equities' fair market value. This article investigates the current situation of the stock exchange in Uzbekistan, evaluates the impact of macroeconomic indicators on the activities of the stock exchange, and draws some conclusions and makes some recommendations as a result of its findings.
Key words: Stock, stock price, market price, stock exchange, Tobin’s Q-ratio, Uzbekistan.
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