/KASE, May 2, 2018/ – From May 1, 2018, Kazakhstan Stock Exchange (KASE) Committee
on Indices and Securities Valuation by its decision of April 28, 2018 defined new
parameters for shares included in the KASE Index representative list such as
portions of shares in free float and restrictive coefficients.
The table below shows new share parameters and those effective until May 1 that
has an impact on the value of KASE Index.
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Effective from May 1, 2018 Effective until May 1, 2018
--------------------- ------- ---------------- --------------------- ------- ----------------
number of outstanding free restrictive number of outstanding free restrictive
Ticker shares float coefficient (Ri) shares float coefficient (Ri)
(Fi), % (Fi), %
------- --------------------- ------- ---------------- --------------------- ------- ----------------
CCBN 162,456,800 41.9 1.0000000 162,456,800 26.6 1.0000000
GB_KZMS 458,379,033 57.0 0.0272761 458,379,033 57.0 0.0384004
HSBK 10,995,444,874 26.5 0.0985536 10,995,467,774 26.5 0.1298726
KCEL 20,000,000 15.7 0.5489764 200,000,000 15.9 0.7470254
KEGC 259,998,610 10.0 0.7598596 259,998,610 10.0 1.0000000
KZTK 10,707,323 23.0 0.4055145 10,707,323 23.0 0.6762456
KZTO 384,628,099 10.0 0.4864626 384,628,099 10.0 0.6948418
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Removed from KASE Index representative list
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ABBN 26 081 627 41,6 1,0000000
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In addition, by the mentioned decision of the Committee on Indices and Securities
Valuation dated May 1, 2018 new adjustment coefficient (K) value – 4.2572095 will
be used when calculating the KASE Index. Prior to this date, the value was 3.0169255.
NOTES TO TABLE
KASE Index – KASE share market index, showing change of prices of shares from the
representative list for calculation of the index with account to capitalization
of issuers and number of free floating shares (free float). One stock may not
exceed 15 % weight in the index. KASE Index is calculated within a trading day as
deals in the representing stocks are concluded. In case no deals, parameters of
which are required for calculation of the KASE Index were made in the stock during
a trading day, for purposes of such calculation, results of the last resultant
trading session will be used.
The Methodology of index calculation is regulated by KASE internal document
"Methodology of Stock Market Indicators Calculation", available at KASE
website at:
http://www.kase.kz/files/normative_base/indicators_met_eng.pdf
The index page is available at:
http://www.kase.kz/en/index_kase
Ticker shows: issuer code of a security traded on KASE (first 4 symbols, which
is also the code of a common share); share category (if the fifth symbol is "p",
preferred share); order number of the share issue (if required, it is the sixth
numeric symbol). Issuers code: ABBN – Bank of Astana JSC; CCBN – Bank CenterCredit
JSC; GB_KZMS – KAZAKHMYS PLC; HSBK – Halyk Savings Bank of Kazakhstan JSC; KCEL
– Kcell JSC; KEGC – Kazakhstan Electricity Grid Operating Company "KEGOC" JSC
(KEGC); KZTK – Kazakhtelecom JSC; KZTO – KazTransOil JSC; RDGZ – KazMunaiGas
Exploration Production JSC.
Number of outstanding shares – parameter, which is determined independently by
KASE on the basis of listing company share register extract data or information
provided by the company as a number of outstanding shares of a listing company
net of those redeemed. KASE is taking into account the number of outstanding
shares, which is confirmed by documents available on KASE.
Free float (Fi), % – parameter, determined by KASE as the number of shares not
owned by the government, issuer management and shareholders, who own five or more
percent of common shares of the issuer, except for shareholders in regard of which
the Committee on Indices and Securities Valuation made a decision that such
shareholders shall not be deemed as strategic (institutional investors, nominal
holders, and entities performing functions of settlement service etc.).
Restrictive coefficient (Ri) – parameter limiting weight of influence of one
stock on index value to fifteen percent.
[2018-05-02]