/KASE, July 31, 2019/ – From August 1, 2019, Kazakhstan Stock Exchange (KASE)
Committee on Indices and Securities Valuation by its decision of July 31, 2019
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 as of August 1
that has an impact on the value of KASE Index.
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Share ticker ISIN number of outstanding Free float restrictive
shares (Fi), % coefficient (Ri)
------------ ------------ --------------------- ---------- ----------------
CCBN KZ0007786572 165,637,911 41.7 1.0000000
GB_KZMS GB00B0HZPV38 480,723,977 55.6 0.0320845
HSBK KZ000A0LE0S4 11,754,049,397 25.5 0.0599880
KCEL KZ1C00000876 200,000,000 20.0 0.3109220
KEGC KZ1C00000959 259,998,610 10.0 0.5866033
KZTK KZ0009093241 10,706,024 23.0 0.3947221
KZTO KZ1C00000744 384,628,099 10.0 0.5903420
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In addition, by the mentioned decision of the Committee on Indices and Securities
Valuation dated August 1, 2019 new adjustment coefficient (K) value – 4.878921
will be used when calculating the KASE Index..
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 an ordinary 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: 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.
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.
[2019-07-31]