On February 17, 2023, Kazakhstan Stock Exchange JSC (hereinafter – the Exchange, KASE) held an annual awards ceremony following the results of 2022: members of the Exchange who achieved the best results in the markets of the Exchange, listed companies – for their striving to transparency, as well as representatives of the mass media (media) – for active coverage of the stock market.
KASE members
Among the members of the Exchange the joint coordinators and bookrunners of the IPO of shares of NC KazMunayGas JSC – Halyk Finance JSC, BCC Invest JSC, SkyBridge JSC Invest and Freedom Finance JSC – were awarded prizes in the nomination "Underwriter of the Year in the Equity Market". According to the results of the IPO of NC KazMunayGas JSC on KASE, 121.8 thousand orders were executed in the amount of 137.5 billion tenge.
Freedom Finance JSC was awarded in the nomination "Underwriter of the Year in the Corporate Bond Market" as the underwriter of the largest number of bond issues with the maximum volume.
In the nomination "Equity Market Leader" the winners were Freedom Finance JSC, First Heartland Jusan Invest JSC and Halyk Finance JSC. Freedom Finance JSC ended 2022 with a high activity coefficient (Ka = 3.28) in the equity market. First Heartland Jusan Invest JSC and Halyk Finance JSC, in addition to high activity indicators (Ka = 2.32 and 2.26, respectively), actively worked to attract new investors to the stock market, significantly increasing the investor base of the market.
According to the results of 2022, Freedom Finance JSC was recognized as the best in the nominations "Leader of the Corporate Bond Market" and "Leader of the Government Securities Market", with activity coefficients Ka = 3.8 and 3.0, respectively, and the best indicators on the market for the number of deals concluded and the number of attracted clients.
According to the results of 2022, in the nomination "Leader of the Foreign Exchange Market", the winners are Citibank Kazakhstan JSC and Halyk Savings Bank of Kazakhstan JSC.
Freedom Finance JSC was awarded prizes in the nominations "Market Maker of the Year on the Stock Market" and "Market Maker of the Year on the Corporate Bond Market". The company was a market maker for 41 shares, the volume of market maker transactions amounted to 18.0 billion tenge, the number of transactions was about 29 thousand. In the corporate bonds sector, Freedom Finance JSC acted as a market maker for 39 issues of securities, the volume of market maker transactions amounted to 849.3 million tenge, the number of transactions – to more than 320.
In the nomination "For a significant contribution to attracting investors" two participants were awarded: First Heartland Jysan Invest JSC and Halyk Savings Bank of Kazakhstan JSC. At the same time, Halyk Savings Bank of Kazakhstan JSC was the first in the market to build a retail customer service system through an omnibus account, and First Heartland Jysan Invest JSC in 2022 opened the largest number of sub-accounts of new retail clients – 305.4 thousand.
Freedom Finance JSC and SkyBridge Invest JSC were awarded prizes in the nomination "The Best Financial Consultant". In 2022, the companies acted as financial advisors to the largest number of issues of new issuers that were listed on KASE for the first time.
Tengri Partners Investment Banking (Kazakhstan) JSC was awarded a prize in the nomination "Underwriter in the market of bonds of international financial organizations". During 2022, the company acted as an underwriter of five bond issues and made placements for a total amount of 49.9 billion tenge (57.7 % of the total placement volume in this sector).
Subsidiary Bank "Bank of China in Kazakhstan" JSC was awarded a prize in the nomination "For contribution to the development of the exchange market of the Chinese yuan". This participant concluded the largest volume of transactions with the CNY/KZT currency pair.
NC KazMunayGas JSC and Sovereign Wealth Fund "Samruk-Kazyna" JSC were awarded prizes for the successful conduct of an IPO in the domestic market. The IPO of shares of NC KazMunayGas JSC became the largest placement on Kazakhstan's securities market in the entire history of the market. The volume of share offering amounted to 153.86 billion tenge.
In addition, the Exchange decided to award a prize to KEGOC JSC in the nomination "The first issue of corporate green bonds on KASE". The company issued bonds in the amount of 35 billion tenge, of which 16.1 billion tenge were issued with a floating coupon rate linked to the TONIA indicator. This issue was the first issue of "green" bonds of a domestic company in the real sector of the economy, aimed at the development of ESG projects in Kazakhstan.
Companies listed on KASE
Diplomas "For aspiring for transparency" based on results of 2022 were awarded to:
- financial sector companies – Development Bank of Kazakhstan JSC and Halyk Savings Bank of Kazakhstan JSC;
- companies of the non-financial sector – KazTransOil JSC, National Atomic Company "Kazatomprom" JSC and NC KazMunayGas JSC.
These companies demonstrate the best practice of information disclosure for investors and building communications with investors using KASE platform.
Media representatives
For active coverage of the stock market of Kazakhstan and activities of KASE in 2022, media representatives were also awarded diplomas. These journalists demonstrated a high professional level of presentation of material in an accessible and interesting way.
Olga Fominskikh (business portal "Kursiv Media Kazakhstan"), Meruert Sarsenova (Business Information Center "Capital"), Svetlana Arbuzova (News Agency "Interfax-Kazakhstan") were awarded diplomas in the nomination "For active coverage of the stock market and KASE on Internet resources".
Kamilla Tastanbekova (TV channel "Khabar24") was awarded a diploma in the nomination "For active coverage of the stock market and KASE on television".
For reference
Kazakhstan Stock Exchange (KASE) is a leading stock exchange in the Central Asian region. KASE occupies the second place among the CIS exchanges in terms of securities trading volume, and the fifth place in terms of the equity market capitalization among the FEAS exchanges.
It is a universal trading platform for corporate and government securities, bonds of international financial organizations, foreign currencies, transactions of the money market – repo and swap, as well as derivatives. KASE is a member of the World Federation of Exchanges (WFE), the Federation of Euro-Asian Stock Exchanges (FEAS) and other international and local professional associations, as well as a participant of the UN's "Sustainable Stock Exchanges" initiative.