ANALYSIS: 30 the most capitalized listing companies of KASE at trades closing on July 31 of 2006 (market of shares)

02.08.06, 15:22
/IRBIS, Sergey Yakovlev, August 2, 06/ - IRBIS, Information agency of financial markets (Almaty) has compiled 30-top of the most capitalized companies whose shares are in Kazakhstan stock exchange's (KASE) official list of securities. Ranking table as of July 31 at closing of the market and comparable data at closing of the market on June 30 of 2006 are given below. --------------------------------------------------------------------------------- As of July 31, 06: As of June 30, 06: Trend: ----------------------- ----------------------- ----------------- Short name of posi capita- stake of posi capita- stake of capita- stakes, the company tion lization, compa- tion lization, compa- lization, perc. (all are JSC) m. USD ny, % m. USD ny, % m. USD points --------------- ---- --------- -------- ---- --------- -------- --------- ------- CNPC-Aktobemu- 1 5666.6 19.37 1 7228.0 22.53 -1561.4 -3.16 naygas Bank TuranAlem 2 4809.5 16.44 2 4232.4 13.20 +577.1 +3.24 Kazkommertsbank 3 2684.9 9.18 4 2659.4 8.29 +25.5 +0.89 Kazakhtelecom 4 2251.4 7.70 3 2708.9 8.45 -457.5 -0.75 Halyk bank 5 2139.0 7.31 5 2214.9 6.91 -75.9 +0.40 KAZZINK 6 2092.1 7.15 6 2103.2 6.56 -11.1 +0.59 TNC Kazchrome 7 1817.2 6.21 7 1817.2 5.67 0 +0.54 ATFBank 8 1237.6 4.23 11 744.0 2.32 +493.6 +1.91 Aluminum 9 1167.0 3.99 10 771.8 2.41 +395.2 +1.58 of Kazakhstan Alliance Bank 10 678.8 2.32 9 934.3 2.91 -255.5 -0.59 UKTMIC 11 574.1 1.96 12 574.1 1.79 0 +0.17 Bank 12 530.4 1.81 8 1120.5 3.49 -590.1 -1.68 CenterCredit TEXAKABANK 13 521.9 1.78 13 521.9 1.63 0 +0.15 BANK CASPIAN 14 470.2 1.61 14 468.0 1.46 +2.2 +0.15 Nurbank 15 396.7 1.36 15 284.7 0.89 +112.1 +0.47 Sumbe 16 349.7 1.20 - - - X X KazTransCom 17 267.3 0.91 16 272.2 0.85 -5.0 +0.06 Temirbank 18 235.1 0.80 17 231.3 0.72 +3.8 +0.08 Astana-finance 19 203.7 0.70 18 209.1 0.65 -5.4 +0.05 Valut- 20 166.0 0.57 21 115.2 0.36 +50.9 +0.21 Transit-Bank Mangistau- 21 132.4 0.45 19 124.2 0.39 +8.2 +0.06 munaygas Corporation 22 88.5 0.30 23 88.5 0.28 0 +0.02 Ordabasy Kant 23 84.3 0.29 24 84.1 0.26 +0.2 +0.03 Temirleasing 24 84.0 0.29 25 84.0 0.26 0 +0.03 CHARALTYN 25 76.0 0.26 26 76.0 0.24 0 +0.02 Pavlodar EPS 26 72.4 0.25 20 122.0 0.38 -49.6 -0.13 Kazakhinstrakh 27 70.8 0.242 27 70.8 0.22 0 +0.02 Tsesnabank 28 59.8 0.205 31 32.0 0.11 +27.9 +0.10 Kazinvestbank 29 52.3 0.18 28 51.8 0.16 +0.5 +0.02 Chempharm 30 51.3 0.18 29 51.3 0.16 0 +0.02 --------------------------------------------------------------------------------- Abbreviations in the table Halyk bank - Halyk savings bank of Kazakhstan JSC; UKTMIC- Ust- Kamenogorsk titanium and magnium industrial complex JSC; Kazinstrakh - Company on foreign insurance Kazinstrakh JSC; Pavlodar EPS - PAVLODARENERGOSERVICE JSC, АOEP - Aktyubinsk oil equipment plant JSC. In order to get precise short names of the rest companies necessary to put JSC before the names given in the table, and the name itself to put in inverted commas. Notes to table Market capitalization of the company - value equals to product of quantity of company's shares (common and preferred), being in circulation, and the price of the last deal made on KASE on these shares. Quantity of paid shares is defined by KASE as the difference between the quantity of announced shares and quantity of shares on issuing and reissuing accounts of the issuer (including nominal holding), and also shares, which due to data of nominal holder are in ownership of the issuer. Noticeable that KASE takes into account new value of quantity of paid shares counting on market capitalization not on the date of excerpt making from register, but on date of receiving of this excerpt by stock exchange (to more accurate to say, on the date of its processing by stock exchange). Disadvantages of this method are evident. However, application of another method is not deemed as necessary, as KASE calculates capitalization index daily, takes into account it at values of indexes and cannot recalculate these indexes by back date. Pursuant to Listing Regulation the companies, whose securities are included into KASE's official list, are obliged, at present, to submit excerpts from register system of shareholders at the beginning of each calendar quarter. Each excerpt is processed by KASE either in the day of receiving or other working day. However, many issuers present excerpts as of date fixed in it with a significant delay (from several days till several months). Frankly speaking, among companies submitting excerpts with deep delay as a rule are production organizations with rarely changing authorized capital. Under calculation of market capitalization the companies on KASE still use the price of the last deal despite that whether this deal was market or nego. If on any shares of any company deals were not made on KASE, and at that, authorized bodies in the old legal field did not register all issues of these shares, face value of the share was taken into account of capitalization. If the issue of shares was registered in a new legal field (i.e. the meaning of face value of a share exists only for founders of companies under fee formation), on absence of deals on shares of this issue their market value is equaled to zero. Under calculation of market capitalization of the companies on the date of ranking of deals, held on KASE with shares this day, are not taken into consideration. In other words, capitalization index is calculated by results of the last trades, previous to the date of ranking. Market capitalization index is calculated in Kazakhstan tenge. It is converted into USD at weighted average rate of tenge against USD, summed up in the morning session of KASE in the last working day, previous to the date of ranking. Share of the company, % - index, obtained by referring market capitalization of the company to summary capitalization of stock exchange's market of shares of official list of securities of KASE and expressed in percentage. At closing of the market on July 31 of 2006 this index made 29,247.1 m. USD. 82 shares of 59 issuers were in official list of securities of KASE. [2006-08-02]