During May, the market was relatively quiet, though we did see continued buy-side...
In April, the Tashkent Stock Exchange experienced a long-awaited resurgence in trading...
This March marks a significant milestone for the AFC Uzbekistan Fund...
February’s main news event for Uzbekistan’s capital markets was the long-awaited agreement between the Uzbek government and Franklin Templeton Asset Management...
January marked a positive start to the year, with the market showing slightly increased activity, particularly in the core holdings of the AFC Uzbekistan Fund...
December saw the conclusion of a challenging year for performance in the Uzbek market as equity prices broadly drifted lower...
November saw the conclusion of the government's sell down of a minority stake in the Uzbek Commodity Exchange (TSE: URTS)...
In October, we received further positive news regarding the partial sell-down of the Uzbek CommodityExchange (TSE: URTS) by the Uzbek government...
September saw some renewed capital markets news...
August saw a rebound in volume in some of the fund’s holdings...
July was a frustrating month for the fund as market liquidity came to a near standstill as sellers had virtually no bids to hit...
June was a tranquil month in terms of economic and capital markets...