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By Tawney Kruger in Tashkent Tashkent Stock Exchange (TSE) has released its results for 1Q24, revealing a significant decrease in trading volume y/y. The results report, compiled by the TSE and Avesta Investment Group, highlights key trends and notable performances within Uzbekistan’s stock market. According to the data, total trading volume on the TSE in 1Q24 reached UZS171.9bn ($13.5mn), 9.7-fold less versus the 1Q23 recorded volume. This steep drop, according to Avesta, can be attributed to several significant merger and acquisition (M&A) transactions that occurred in 2023. When focusing so…

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