In January-March 2026, trading volume on KASE made up KZT124.8 trln ($250.9 bn)
/KASE, April 08, 2026/ – In January-March 2026, the trading volume on Kazakhstan Stock Exchange (KASE) in all market sectors made up KZT124,751.9 bn (equivalent to USD250,857.0 mln), increased by 49.4 % (by 53.0 % in dollar terms) YoY.
In comparison with the preceding three-month period (October-December) of 2025, the trading volume increasing by 1.6 %.
The table below shows the trading volume (calculated by amounts raised) in 2026 broken down by market sector and the comparative 2025 data.
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I-III, 2026 I-III, 2025 Trend
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Exchange market sector Trading structure, % Trading structure, % Trading structure, % Trading structure, % In currency units in %
volume volume volume volume
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in bn KZT
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Securities Market 3,350.6 2.7 2,909.3 3.5 +441.3 +15.2
Shares 77.3 0.1 64.2 0.1 +13.1 +20.4
– primary market – – – – 0.0 –
– secondary market 77.3 0.1 64.2 0.1 +13.1 +20.4
KASE Global 66.7 0.1 19.1 <0.1 +47.6 +249.1
Corporate debt securities 816.2 0.7 441.4 0.5 +374.8 +84.9
– primary market 635.1 0.5 238.3 0.3 +396.8 +166.5
– secondary market 181.1 0.1 203.0 0.2 -22.0 -10.8
GS 2,217.1 1.8 2,192.5 2.6 +24.6 +1.1
– primary market 1,594.1 1.3 1,414.9 1.7 +179.1 +12.7
– secondary market 623.0 0.5 777.6 0.9 -154.6 -19.9
MFO bonds 169.4 0.1 183.2 0.2 -13.8 -7.5
– primary market 151.5 0.1 158.0 0.2 -6.5 -4.1
– secondary market 17.9 <0.1 25.2 <0.1 -7.3 -28.9
IFI securities 2.7 <0.1 4.7 <0.1 -2.0 -42.8
Derivative securities 1.2 <0.1 4.1 <0.1 -3.0 -72.1
Foreign currency market 14,141.3 11.3 9,824.1 11.8 +4,317.2 +43.9
US dollar 10,656.9 8.5 7,205.8 8.6 +3,451.1 +47.9
Russian ruble 2,426.6 1.9 1,879.7 2.3 +546.9 +29.1
Chinese yuan 331.6 0.3 150.2 0.2 +181.4 +120.8
euro 86.9 0.1 173.1 0.2 -86.2 -49.8
euro-US dollar 379.3 0.3 147.9 0.2 +231.4 +156.4
US dollar-yuan 260.0 0.2 267.4 0.3 -7.4 -2.8
euro-yuan – – – – 0.0 –
Money market 107,258.4 86.0 70,778.4 84.8 +36,480.0 +51.5
Repo transactions 82,192.3 65.9 52,509.5 62.9 +29,682.8 +56.5
– "direct" repo with GS – – 58.9 0.1 -58.9 -100.0
– auto repo with GS 63,017.1 50.5 40,378.4 48.4 +22,638.7 +56.1
– "direct" repo with non-GS 398.7 0.3 17.8 <0.1 +380.9 +2,134.4
– auto repo with non-GS 18,246.7 14.6 11,806.1 14.1 +6,440.6 +54.6
– "direct" repo with CCP – – – – 0.0 –
– auto repo with CCP 529.8 0.4 248.3 0.3 +281.5 +113.4
Currency swap transactions 25,066.1 20.1 18,268.9 21.9 +6,797.2 +37.2
– with US dollar 21,366.6 17.1 18,096.5 21.7 +3,270.2 +18.1
– with euro 0.7 <0.1 20.7 <0.1 -20.1 -96.8
– with ruble 3,519.7 2.8 85.7 0.1 +3,434.0 +4,008.1
– with yuan 4.8 <0.1 – – +4.8 +100.0
– with euro-US dollar 174.3 0.1 66.0 0.1 +108.2 +163.9
Derivatives market 1.6 <0.1 0.3 <0.1 +1.3 +445.6
Futures 1.6 <0.1 0.3 <0.1 +1.3 +445.6
TOTAL 124,751.9 100.0 83,512.1 100.0 +41,239.8 +49.4
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in mln US dollars
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Securities Market 6,754.6 2.7 5,735.3 3.5 +1,019.4 +17.8
Shares 155.6 0.1 125.7 0.1 +29.9 +23.8
– primary market – – – – 0.0 –
– secondary market 155.6 0.1 125.7 0.1 +29.9 +23.8
KASE Global 133.9 0.1 37.4 <0.1 +96.5 +257.9
Corporate debt securities 1,645.1 0.7 869.9 0.5 +775.2 +89.1
– primary market 1,280.5 0.5 471.0 0.3 +809.5 +171.9
– secondary market 364.6 0.1 398.9 0.2 -34.3 -8.6
GS 4,464.0 1.8 4,321.4 2.6 +142.6 +3.3
– primary market 3,202.1 1.3 2,798.2 1.7 +403.9 +14.4
– secondary market 1,261.9 0.5 1,523.1 0.9 -261.3 -17.2
MFO bonds 348.4 0.1 363.6 0.2 -15.2 -4.2
– primary market 312.2 0.1 314.6 0.2 -2.5 -0.8
– secondary market 36.2 <0.1 49.0 <0.1 -12.7 -26.0
IFI securities 5.4 <0.1 9.4 <0.1 -4.0 -42.4
Derivative securities 2.3 <0.1 8.0 <0.1 -5.7 -70.9
Foreign currency market 28,495.5 11.4 19,298.7 11.8 +9,196.9 +47.7
US dollar 21,481.4 8.6 14,153.1 8.6 +7,328.3 +51.8
Russian ruble 4,884.6 1.9 3,694.6 2.3 +1,190.0 +32.2
Chinese yuan 666.8 0.3 294.9 0.2 +371.9 +126.1
euro 174.1 0.1 340.6 0.2 -166.5 -48.9
euro-US dollar 770.2 0.3 290.8 0.2 +479.4 +164.8
US dollar-yuan 518.5 0.2 524.7 0.3 -6.2 -1.2
euro-yuan – – – – 0.0 –
Money market 215,603.5 85.9 138,917.9 84.7 +76,685.6 +55.2
Repo transactions 165,216.8 65.9 102,969.5 62.8 +62,247.3 +60.5
– "direct" repo with GS – – 111.1 0.1 -111.1 -100.0
– auto repo with GS 126,649.8 50.5 79,266.6 48.3 +47,383.3 +59.8
– "direct" repo with non-GS 810.7 0.3 34.8 <0.1 +775.9 +2,227.1
– auto repo with non-GS 36,698.5 14.6 23,064.1 14.1 +13,634.4 +59.1
– "direct" repo with CCP – – – – 0.0 –
– auto repo with CCP 1,057.8 0.4 493.0 0.3 +564.8 +114.6
Currency swap transactions 50,386.7 20.1 35,948.4 21.9 +14,438.3 +40.2
– with US dollar 42,929.9 17.1 35,608.0 21.7 +7,322.0 +20.6
– with euro 1.3 <0.1 41.4 <0.1 -40.1 -96.8
– with ruble 7,091.9 2.8 169.2 0.1 +6,922.8 +4,092.5
– with yuan 9.7 <0.1 – – +9.7 +100.0
– with euro-US dollar 353.8 0.1 129.8 0.1 +224.0 +172.5
Derivatives market 3.3 <0.1 0.6 <0.1 +2.7 +454.3
Futures 3.3 <0.1 0.6 <0.1 +2.7 +454.3
TOTAL 250,857.0 100.0 163,952.5 100.0 +86,904.5 +53.0
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Notes to table: GS – government serial securities;
NGS – non-government serial securities;
"nego" repo – repo transactions carried out by "direct" method (with conclusion of direct opening and closing repo deals);
auto repo – repo transactions carried out automatically;
'n/t' – no trade held.
Trade volume is calculated using all executed exchange transactions concluded by any trade method used by KASE.
[2026-04-08]