Impact of Regulatory Reforms on Uzbekistan's Stock Market

Abdufattokh Ashurakhunov

Tashkent State University of Economics Faculty of Finance and Accounting Direction of Finance and financial technologies Student of MT-93

Keywords: Stock market, regulatory reforms, financial regulation, Republic of Uzbekistan, investments, financial growth, market capitalization, Tashkent Stock Exchange, financial markets, interbank money market, foreign investment, sustainable development, economic stability, green sukuk, bonds, Islamic finance.

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Abstract

This research paper examines the development trends of the stock market at both national and international levels, with particular emphasis on the current state of stock market operations, trading volumes, and the impact of regulatory reforms on financial market conditions. It also explores the key factors influencing the evolution of the stock market in Uzbekistan. As a vital component of financial growth and sustainability, the stock market plays a central role in transforming savings into productive investments. The growing participation of individuals and institutions in stock market activities reflects an increasing level of financial literacy and investment awareness among the population. Therefore, analyzing the determinants that have shaped the formation and advancement of the stock market, as well as assessing the role of regulatory bodies in promoting financial market development, is of critical importance in the context of globalization and economic integration.

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