E- Global Congress Hosted online from Dubai, U. A. E., E - Conference. Date: 30th May 2025 Website: https://eglobalcongress.com/index.php/egc ISSN (E): 2836-3612 118 | P a g e THE STOCK MARKET AND THE ROLE OF THE BANKING SECTOR Mardonov Shahriyor Kholmirzo ugli Researcher, Tashkent State University of Economics Current in the period of the economy stable stock market in development important importance profession The stock market is of capital free movement provider , investors and issuers in the middle financial tools through resources again to distribute service doer mechanism The banking sector and the economy the most main and leader from networks one financial of tools in turnover , investments in the direction and, in general in short , economic stability in providing incomparable importance has . The banking sector is the stock market active from the participants one Banks are in the stock market . following main functions they do : ❖ Precious papers with transactions: Banks own funds and customers funds in the stock market to the means investment For example, stocks, bonds and other financial instruments buy to take and sell through income they will get. ❖ Underwriting and consulting Service: Banks valuable to issuers (companies, government) papers release and when placing them in the market, in the evaluation placement strategy working on the way out help they show. ❖ Clearing and calculation Services: Banks Stock Market of operations financial calculation and clearing they provide. ❖ Depository and trust Services: Valuable papers save them ownership the right to conduct and other depository services done they increase. ❖ Liquidity Supply: Banks often the stock market participants for short term loans and other financial services presented they will. Stock market and the banking sector each other closely related to the stock market development banks activity for new opportunities opens, the banking sector stability and the stock market of the participants trust increases. Stock market and then of banks importance about one row following foreign and local scientists idea were driving: American Economist Ross Levine in his book “Financial Intermediation and Economic Growth: Views and Agenda” in the article " Banks and the stock https://eglobalcongress.com/index.php/egc E- Global Congress Hosted online from Dubai, U. A. E., E - Conference. Date: 30th May 2025 Website: https://eglobalcongress.com/index.php/egc ISSN (E): 2836-3612 119 | P a g e market each other filler financial institutions. Banks enterprises credit, stock market and valuable papers through capital supply increases. Their effective performance investments size and quality to increase take "comes"1 he said and Frederic Mishkin in his "The Economics of Money, Banking and Financial Markets" famous in the textbook "Stock Market" and banks economic growth and investment in processes main financial They are intermediaries of capital effective to the distribution and economic to stability service" does it"2 he said their views statement did. Local scientists Akmal Tadjibayev and others their own Uzbekistan financial markets about "Banks Stock Market" participant as valuable papers in trading, underwriting and investment services in showing important role plays. Especially corporate bonds in the market of banks place " incomparable"3 he said research in their work brought They will pass. The above scientist and researchers from thoughts apparently the stock market is booming participants between of banks importance big is considered. The Republic of Uzbekistan has been independent since since the stock market to develop separately attention looking at is coming. The last in years done increased economic reforms as a result of the stock market infrastructure improved, valuable papers of trade size increased, banks by straight away and indirectly investments size increased. According to 2024 data according to the Uzbekistan Stock Exchange of banks share grow is going on. Shareholding commerce banks own shares on the stock exchange invest capital attraction to make, liquidity increase and customers base to expand is achieving. With this together , banks state bonds and company bonds market main participants as active are participating. Only December 2024 in the month transactions size according to networks inside the bank and other industries valuable papers leader became. Banking sector issuers valuable papers with structured transactions volume 970.56 billion soums organization did, this general stock exchange 90.78% of turnover 1 Levine, R. (1997). Financial Development and Economic Growth: Views and Agenda. Journal of Economic Literature , 35(2), 688-726. 2Mishkin, FS (2018). The Economics of Money, Banking and Financial Markets (12th Edition). Pearson . 3 Tadjibayev A., Khodjayev B. (2021). The stock market of Uzbekistan in development commerce banks place . Economy and innovative technologies magazine , No. 4, 2021. https://eglobalcongress.com/index.php/egc E- Global Congress Hosted online from Dubai, U. A. E., E - Conference. Date: 30th May 2025 Website: https://eglobalcongress.com/index.php/egc ISSN (E): 2836-3612 120 | P a g e organization reached. The most transactions banking sector issuers valuable papers with structured, 10,946 transactions organization reached. 2024 December in the month become past financial transactions statistics based on, banking sector and other economic networks valuable papers according to leader place occupied showing that the banking sector financial markets and capital in the currents important and active role confirms and, most many transactions number of bank issuers valuable papers with structured this is of banks financial instruments according to interest and of activity high at the level that means. Conclusion as in other words, the stock market and the banking sector modern of the economy inseparable part Banks are in the stock market. active participation to grow through not only own capital increases, maybe to the economy far term investments attraction financial to stability and innovative to develop service does. References: 1. RSE “Tashkent” official website https://uzse.uz information . 2. Levine, R. (1997). Financial Development and Economic Growth: Views and Agenda. Journal of Economic Literature , 35(2), 688-726. 3. Mishkin, FS (2018). The Economics of Money, Banking and Financial Markets (12th Edition). Pearson . 4. Tadjibayev A., Khodjayev B. (2021). The stock market of Uzbekistan in development commerce banks place. Economy and innovative technologies magazine, No. 4, 2021. https://eglobalcongress.com/index.php/egc https://uzse.uz/