THE ROLE OF FOREIGN INVESTMENT IN THE DEVELOPMENT OF THE STOCK MARKET OF UZBEKISTAN

Abstract

In this era of accelerating globalization, large investment companies are investing twice as much in the economies of developing countries as in developed ones. Despite the growth of investment flows in fast-growing countries, factors such as stock market capitalization, transparency, liquidity, volatility in stock prices, and high transaction costs make it difficult to use the optimal method of asset valuation. The sharp fluctuations of assets in the world stock markets are explained by the fact that the level of capitalization of stock markets in developing countries is growing from year to year. However, the mechanism of issuing securities and selling them on the stock market is not used effectively.