FEDERATION OF EURO-ASIAN STOCK EXCHANGES
SEMI ANNUAL REPORT OCTOBER 2008
STATE COMMODITY & RAW MATERIALS EXCHANGE OF TURKMENISTAN
The exchange is one of the most important domestic economic
institutions to date and acts as the main body for import and
export operations in the country as well as a government regulator.
FUTURE OUTLOOK
The SASE expects the excellent results from
2007 to continue into the next year together
with the accomplishment of greater efficiency
and transparency of the Capital Market in the
Federation of Bosnia and Herzegovina. The
SASE future outlook for 2008 includes following
activities:
• Continuation of privatization of the State
owned capital through the SASE.
• Creation of the joint index of the SASE and
Banja Luka Stock Exchange.
• Issuance of the government bonds which
would activate SASE trading platform for bonds.
• Continuing to list strategic companies
currently on the SASE Free Market to the SASE
Official Market.
• Creation of the SASE Official Market index.
• Introduction of free-float methodology for all
stock exchange indicators and statistics.
• Development of a corporate governance
code with assistance from International Finance
Corporation (IFC) with the intent to increase
corporate culture of local issuers.
• Attract new issuers through Initial Public
Offers.
• Issuance of new publication titled Investors
Guide
CONTACT INFORMATION
Contact Name Mr. Murad Muradov
E-mail [email protected]
Website www.turkmenbusiness.org
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