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Economics

National Investment Fund debuts on Tashkent Stock Exchange

Shares of the National Investment Fund surged more than 70% above the retail offering price after trading opened on the Tashkent Stock Exchange, before closing the day at 5.46 soums. Total trading volume reached 4.3 billion soums (around $360,000), making the IPO the largest in Uzbekistan’s history.

The Uzbekistan National Investment Fund (UzNIF) made its debut on the Tashkent Stock Exchange on May 18, with its shares experiencing a significant surge immediately after trading commenced, as reported by investment

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