“FROM WALL STREET TO TASHKENT: A COMPARATIVE STUDY OF THE S&P 500 INDEX AND THE TASHKENT STOCK EXCHANGE”
Keywords:
S&P 500, Republican Stock Exchange Toshkent, market comparison, financial markets, emerging economies, stock market regulation, liquidity, global finance, Uzbekistan, economic growthAbstract
The S&P 500 Index is a cornerstone of global financial markets, offering a comprehensive snapshot of U.S. economic health by tracking the performance of 500 major companies across various industries. In contrast, Uzbekistan’s Republican Stock Exchange Toshkent (RSE Toshkent), though still in its formative stages, holds significant promise as the country’s primary platform for securities trading. This article compares the S&P 500 and RSE Toshkent, analyzing differences in market structure, regulatory environments, investor engagement, and economic impact. By evaluating the lessons from global market practices, the study explores opportunities for enhancing RSE Toshkent’s role in the Central Asian financial landscape, offering insights into how it could foster greater market liquidity, transparency, and investor confidence. This comparison provides valuable perspectives on the potential growth trajectory of Uzbekistan’s stock market, emphasizing the importance of strengthening financial infrastructure to attract both domestic and international investments.
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