/IRBIS, Dinara Mukasheva, February 27, 08/ - Kazakhstan stock exchange (KASE) has determined the leading operators of stock exchange's corporate bond market in January 2008.

Companies are ranked according to the stake of deals made by it in total gross turnover of trades (total of purchased and sold bonds). Position of each participant of trades is expressed in Kazakhstan tenge. During preparation of the rating, only information on deals, made on exchange by the methods of open trades was used.

A total of 37 companies participated in performing purchase and sale deals on KASE with corporate bonds in January. Below is the list of ten most active operators in descending order of their stakes in total deals volume (all headquarters are in Almaty). Stake of these operators in the analyzed month was 86.9% of turnover of corresponding sector of stock exchange.

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  Position    Position                                               Stake in
in January in December Brief name                                       trade
      2008        2007 of company                                   volume, %
---------- ----------- -------------------------------------------- ---------
         1           1 Daughter organization of Bank TuranAlem JSC
                       TuranAlem Securities JSC                          27.3
         2           3 BCC Invest JSC - daughter organization of 
                       Bank CenterCredit JSC                             21.5
         3          37 Opened accumulative pension fund Otan JSC
                                                                          6.8
         4           4 Asia Broker Services JSC                           5.8
         5          20 RBNT SECURITIES JSC                               4.99
         6           6 Investment Financial House RESMI JSC              4.98
         7           9 PAIMO GRANTUM Asset Management JSC
                       (daughter organization of Kazkommertsbank JSC)    4.41
         8          21 Alliance Bank JSC                                 4.40
         9          26 Almaty Financial Center JSC                        3.7
        10          22 Astana-Finance JSC (Astana)                        3.0
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Newcomers of the "active ten" relative to December 2007 became Opened accumulative pension fund Otan JSC, RBNT SECURITIES JSC, Alliance Bank JSC, Almaty Financial Center JSC and Astana-Finance JSC, having replaced the list given bellow:

• PAIMO Bailyk asset management JSC (daughter organization of Eurasian bank JSC) (Almaty, second position in December);
• Verniy Capital JSC (Almaty, fifth position);
• Financial company Alliance Capital JSC (Almaty, seventh position);
• Almaty Investment Management JSC (Almaty, eighth position);
• Halyk Finance JSC (Almaty, tenth position).

[2008-02-27]