The payment of dividends depends on the issuer's financial results and the decision of the general meeting of shareholders. Accordingly, not all joint-stock companies are required to pay dividends every year. Information on dividends is disclosed by issuers in the manner established by the legislation.
The market price of shares is formed on the basis of the balance of supply and demand. The price of shares may also be affected by the issuer's financial results, dividend policy, corporate events, macroeconomic indicators, changes in the industry, the investment climate, and investor expectations.
Securities are issued in uncertificated (book-entry) form and are recorded electronically on a depository (custody) account opened in the investor's name with the depository. The investor's rights to the securities are maintained in the depository accounting system.
Investing in securities involves certain risks. Market conditions, the issuer's financial standing and other factors may affect changes in the market value of securities. Accordingly, it is recommended that potential risks be assessed before making an investment decision.
No. The stock exchange is an element of market infrastructure that organizes trading and does not guarantee a return on investment or the preservation of capital. Since investing in securities involves certain risks, it is recommended that the issuer's financial standing and the investment risks be assessed before making an investment decision.
Yes. In accordance with the applicable legislation, foreign individuals and legal entities may participate in the capital market of the Republic of Uzbekistan. To do so, they must open an account through an investment intermediary and comply with the requirements established by the legislation.
To have its securities included in the exchange's quotation list, an issuer must meet the requirements set out in the RSE "Toshkent" Regulation "On the Exchange Quotation List". These requirements cover the issuer's legal status, corporate governance system, financial statements, disclosure procedures, and other criteria.
The issuer submits the package of documents provided for in the exchange's Regulation "On the Exchange Quotation List". These include, among others, a listing application, issuance documents, information on securities that have undergone state registration, financial statements, constitutive documents, and other documents established by the legislation and the exchange rules.
Delisting is the process of removing securities from the exchange's quotation list. Delisting may be carried out at the issuer's initiative or on grounds established by the applicable legislation and the exchange's internal documents.
Securities that have undergone delisting remain the property of investors, and the ownership rights to them are retained.
In cases provided for in the exchange's internal documents, such securities may be traded on the off-listing trading platform. In this case, no market price of the kind formed within the exchange's quotation list is established for these securities.