Uzbek shares listed on London Stock Exchange for the first time

Uzbek shares listed on London Stock Exchange for the first time

On May 18, shares of the National Investment Fund of Uzbekistan were successfully placed on the London Stock Exchange. Experts assess this process as an important step towards the country's integration into the global financial system. Demand for UzNIF shares exceeded the placement volume four times, and the volume of investor applications reached almost $ 3 billion.

This result showed the growing confidence of international investors in Uzbekistan. It is noted that the IPO strengthens the country's investment image and increases its authority in the international financial market. The fund includes assets of Uzbekistan Airways, Uztelecom, Uzbekgidroenergo and other large state-owned companies.

It is noted that entering the international market will serve to attract new investments, modern technologies and global financial opportunities for these enterprises. It also shows that state-owned assets are beginning to operate in accordance with international corporate governance and transparency standards.