About 300 transactions have been conducted in the Kyrgyz Stock Market (KSM) in the last two months. Over the period, the volume of trade was equal to 44,5 mln soms with more than 14, 8 mln securities sold/purchased, reported the State Commission on stock market.
Compared to the same period last year, twice as many securities were involved in trading, however, by March 1, last year over 700 transactions had been conducted in the stock market with the volume of trade – over 133 mln soms.
New trading rules have been introduced in the KSM (stock market charter). The charter was implemented along with new automated trading system.
It sets the rules for participants of the trade in the stock market. It also outlines the listing procedure for the KSM.
…”On the changes in the law of the KR “On Investment Funds”” was the first bill adopted by the LA of the Jogorku Kenesh after the new Constitution.
Stock market specialists believe that amendments, eliminating barriers and limitations in the sphere of investment funds will benefit further development of financial institutions.
“Moya Stolitsa”, March 13, 2003