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Jim Rogers directed his investment towards the Uzbekistan market

World
22
Jim Rogers directed his investment to the Uzbekistan market
Famous American investor Jim Rogers has shifted to a new direction in his investment strategy. This was reported by Zamin.uz.

He sold his shares in the US market and directed part of his investment to the Uzbekistan stock market. According to Rogers, the US stock market has been continuously growing since 2009, making it one of the longest growth periods in history.

According to him, the stock prices in the US market have reached their peak, and this growth appears to be coming to an end. For this reason, he decided to sell all his assets.

Rogers announced that he included Uzbekistan shares in his portfolio at the end of 2025. He evaluated this as an unusual but promising direction.

According to the investor, there are not many shares traded on the Tashkent Stock Exchange, so he bought almost all the available shares. Currently, 85 companies' shares are traded on the Tashkent Stock Exchange, covering sectors such as banking, oil and gas, and telecommunications.

Rogers first expressed interest in the Uzbekistan market in 2021. He has been closely monitoring the reforms, privatization processes, and IPO plans being implemented in the country.

The investor emphasized that he owns shares of Uzbek companies and trusts the Uzbek national currency. He also noted that he has not yet sold some of his assets in the Chinese market but did not rule out reconsidering this decision in the future.

At the same time, Rogers stated that he still holds a large amount of cash in dollars. In his opinion, in the context of a global crisis, the dollar remains the most reliable currency and maintains its position.

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