Liquidity rating of shares listed on KASE on secondary market in October and for ten months of 2011
/IRBIS, November 2, 2011/ - IRBIS Information Agency of Financial Markets (Almaty) rated liquidity of listing companies shares traded on Kazakhstan Stock Exchange (KASE) in October 2011.
The first 10 positions of the rating are given below. In October these shares constituted for 90.0% of turnover of corresponding sector of exchange market. Over the specified period, deals in shares of 26 denominations have been made on KASE open secondary market.
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Liquidity indicator calculation base (Kl):
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Posi Posi Code of Liquidity
tion in tion in shares indi- volume number number of
Sep 2011 Aug cator of deals, number of KASE successful
2011 (Kl) m. KZT of deals members days
-------- ------- --------- --------- ----------- --------- -------- -----------
1 1 RDGZp 2.86 461.9 230 20 21
2 5 HSBK 2.17 139.2 137 21 19
3 4 RDGZ 2.10 572.9 78 17 19
4 2 GB_KZMS 1.80 71.5 94 18 20
5 6 KKGB 1.54 49.9 60 17 18
6 13 KZTKp 1.38 206.9 46 14 14
7 3 KZTK 1.36 207.6 36 13 17
8 8 GB_ENRC 1.30 34.1 30 17 14
9 10 CCBN 1.19 94.5 35 12 16
10 9 BTAS 1.08 4.0 35 13 13
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Newcomer of liquidity ten in September was KZTKp (in September - 13 position), kicking SATC from the rating.
The following table shows the top 10 rankings, based on the stock trades at KASE for ten months of 2011. The share of this "ten" in the total turnover of shares KASE totaled 29.3%. During the same period in the open KASE secondary market transactions were concluded with 47 items.
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Liquidity indicator calculation base (Kl):
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Posi Code of Liquidity
tion share indi- volume number number of
cator of deals, number of KASE successful
(Kl) m. KZT of deals members days
---- --------- --------- ----------- --------- -------- -----------
1 RDGZp 2.48 17,647.8 3,080 32 203
2 HSBK 1.64 1,334.3 1,007 32 180
3 BTAS 1.632 263.1 750 37 157
4 KZTK 1.627 9,525.0 907 31 175
5 CCBN 1.57 3,071.2 639 36 149
6 GB_KZMS 1.45 1,053.0 827 28 171
7 KKGB 1.42 816.0 663 30 158
8 RDGZ 1.41 1,621.8 575 31 151
9 GB_ENRC 1.25 295.7 395 29 136
10 KZTKp 0.90 559.7 241 21 102
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Notes to the table
The rating is based on liquidity indicator (Kl), which is calculated for each share on a specified period. Positions are rated by sorting shares in descending order of Kl (the higher Kl, the higher liquidity and position in the rating). The first position in the rating corresponds to the highest Kl value.
Description of liquidity indicator calculation methods is available in the document, published at: see more in Russian and at see more in English.
IRBIS agency draws attention to the fact that while calculating the liquidity indicator, only data on deals made in KASE secondary market sector (including special trading floor of the regional financial center of Almaty) by one of open trade methods are taken into account.
"p" letter in the end of the symbol means preferred shares, other letters - common shares.
Full list of symbols of issuers and securities traded on KASE is available at see more
The data aforementioned is not an offer or recommendation to sell or buy shares on KASE. Using the data while making investment decisions does not rest the responsibility for possible losses resultant from such decision on the IRBIS agency.
[2011-11-02]