KASE determined leading operators of secondary exchange's CS market in Kazakhstan for October and 10 months of 2002

/IRBIS, November 1, 02/ - In accordance with the request of professional participants Kazakhstan Stock Exchange (KASE) defined list of companies - leading operators of the KASE corporate securities market for October and first 10 months of 2002. Place of a company in the list is determined in total gross turnover of trades (amount of purchased and sold shares and bonds). At this, both purchase and sale operations and operations of direct and reverse repo are taken into account. Work of brokers at securities primary floatation at stock exchange's specialized trades is not taken into account because of the fact that securities sale at such trades is conducted by the only participant, which is underwriter of financial consultant of an issuer. Deals in the sector of trade in state blocks of shares (SBS) is not taken into account either when making the lists because the system of SBS sales reminds very much specialized trades on securities primary floatation. Position of each trade participant is shown in tenge. A total of 22 companies (broker-dealer companies, banks, pension assets management companies) participated in trades with CS at KASE in October of 2002. Below is the list of 10 the most active operators, which controlled 89.7% of the exchange's secondary market, given in descending order of their shares in total deals volume. In parentheses is position of correspondent broker in September of 2002. ----------------------------------------------------------------------- Share in trades Position Brief title of the company gross volume, % -------- -------------------------------------------- --------------- 1 (4) KG Securities LLP (Karaganda) 16.2 2 (5) TuranAlem Securities LLP (Almaty) 15.6 3 (1) KIB ASSET MANAGEMENT Ltd. LLP (Almaty) 14.7 4 (3) PAMC ZHTISU CJSC (Almaty) 11.3 5 (7) Kazakhstan financial company OJSC (Almaty) 7.5 6 (10) Tau Securities LLP (Almaty) 6.7 7 (9) RG Securities LLP (Almaty) 5.4 8 (6) PAMC ABN AMRO Asset Management CJSC (Almaty) 4.8 9 (8) INVESTMENT MANAGEMENT GROUP LLP (Almaty) 3.9 10 (16) PAMC of Halyk Bank of Kazakhstan CJSC 3.5 ----------------------------------------------------------------------- The list, which was made in similar way, but for the first 10 months of 2002, is given below. 31 stock exchange's members in making deals on CS at KASE during the period. Companies shown in the table controlled 86.2% of the stock exchange's secondary CS market. In parentheses is position of corresponding participant for the first 9 months of 2002. -------------------------------------------------------------- Share in trades Position Brief title of the company gross volume, % -------- ----------------------------------- --------------- 1 (1) TuranAlem Securities LLP 28.8 2 (2) KIB ASSET MANAGEMENT Ltd. LLP 13.9 3 (3) KG Securities LLP 9.3 4 (4) PAMC ZHETISU CJSC 7.4 5 (7) RG Securities LLP 5.6 6 (6) INVESTMENT MANAGEMENT GROUP LLP 5.5 7 (8) Kazkommerts Securities OJSC 4.8 8 (5) General Asset management LLP 4.5 9 (9) PAMC ABN AMRO Asset Management CJSC 3.3 10 (10) Kazakhstan financial company OJSC 3.1 -------------------------------------------------------------- One should take into consideration the fact that because of narrowness of Kazakhstan CS market, conducting of one rather large deal at KASE may significantly influence situation of this or that participant in the tables, which were made by the methods described above. [2002-11-01]