In May volume of deals in PIS grew to $1,638.5 th. at KASE

01.06.00 00:00
/IRBIS, June 1, 00/ - In May of the year 2000 83 deals for a total of 1,638.5 th. U.S. dollars were registered in private issue securities (PIS) at Kazakhstan stock exchange (KASE). Of this number 44 deals ($1,634.7 th.) were made on the secondary market and 39 ($3.8) during initial auction offerings of OJSC "Astana-finance" common shares (Astana, KZ1C7671418, KASE official list of securities, category "B", trade code ASFI), which was held from May 23 through 26 among the population of Astana. Compared to previous month, the number of deals increased by 118.4% (from 38) and the volume of operations in total monetary terms - by 38.9% (from $ 1,179.4 th.). The volume of operations, expressed as the number of securities, is valued at 352,440 (351,796 shares and 644 bonds). In April the volume equaled 154,047 securities (116,137 shares and 31,910 bonds). In May the most liquid securities were: - common inscribed shares of OJSC "Bank TuranAlem" (BTAS, official list of securities, category "A", 32.1% of the Exchange's turnover in PIS, or $526,6); - common inscribed shares of JSC "AZ Etalon" (ETLN, non-listed - companies, 2 admittance level; 20.0% and $328.1 th.); - common inscribed shares of OJSC "SHNOS" (SYRG, official list of securities, category "A"; 17.4% and $284.8 th.); - preferred inscribed shares of JSC "Aktobemunaigas" (AMGZp, non- listed companies, 2 admittance level; 11.1% or $182.1 th.); - preferred inscribed shares of OJSC "Mangistaumunaigas" (MMGZp, official list of securities, category "B"; 6.8% or $111.8 th.). In May the deals were made in 21 instruments (13 - in April) - unusual difference for Kazakhstan. Out of 20 trades, 14 were successful. During the month no changes were observed with respect to the success rate. In May 33 deals (21 in April), out of 88 concluded deals, were made by the brokers in Quotation system of KASE which excludes automatic satisfaction of the bids in counter auction mode (so-called direct deals made by the operators upon their agreement, not as a result of the trades on the market). Remaining 50 deals (5 in April) were made in the main mode of the Trade system of KASE by counter auction mode.