/KASE, January 5, 2026/ – Freedom Holding Corp. has provided Kazakhstan Stock Exchange (KASE) with a review of the Purchasing Managers' Index (PMI) of Kazakhstan's manufacturing sectors for December 2025.

Below are comments from Yerlan Abdikarimov, Director of the Financial Analysis Department of Freedom Finance Global PLC (a 100% subsidiary of Freedom Holding Corp.).

"Kazakhstan’s manufacturing sector ended the year in growth territory – for the first time in seven months, the PMI exceeded the neutral 50-point mark. The sector remains subject to subdued demand and weak business confidence, while accelerating costs and output prices create additional risks to margins. Expectations for 12 months ahead continued to decline, reaching a new multi- year low, but still remain in growth territory (57.2 compared to an average of 70 points in 2025). The sector's further dynamics will depend on how the new tax rules play out in practice, businesses' ability to adapt to changing conditions, and demand's capacity to support the recovery that has begun.".

Review in Qazaq – see more

Review in Russian – see more

Review in English – see more

[2026-01-05]