Republican Stock Exchange "Toshkent" Reports Strong Performance in H1 2025

According to National Accounting Standards (NAS), revenue for the reporting period amounted to UZS 18.6 billion (USD 1.4 million), up 320% compared to the same period in 2024 (UZS 4.4 billion). This figure represents 55% of the total revenue for 2024 (UZS 33.9 billion). Revenue from securities transactions alone increased more than sixfold, reflecting a revival of market activity and a growing number of transactions on the Exchange’s trading platform.

Net profit reached UZS 11.2 billion (USD 0.9 million), which is 330 times higher than in the first half of 2024 (UZS 33.8 million). As of mid-year, the Exchange has already achieved 91% of its full-year 2024 profit. Return on equity (ROE) on an annualized basis reached 24.5%.

Total trading volume for the period amounted to UZS 12.02 trillion (USD 933.3 million), representing a 17-fold increase compared to the first half of 2024. A total of 214,851 trades were executed, 85% of which involved securities listed on the Exchange’s official quotation list. Average daily trading volume reached UZS 97.7 billion (USD 7.59 million).

Giorgi Paresishvili, CEO of the Republican Stock Exchange "Toshkent", stated:

“We are very pleased to see such positive momentum in the Exchange’s development. The growth in trading volumes and financial indicators is the result of a concerted effort of our renewed team. We achieved these results not only through increased operating income across all market segments but also through a substantial rise in financial income and strict cost control. Enhancing shareholder value remains our top priority — alongside supporting the growth of Uzbekistan’s capital market. The securities market is evolving, and we are determined to further strengthen the Exchange’s role as a hub for attracting both local and international investments into the national economy.”