ANALYSIS: 30 the most capitalized listing companies of KASE at trades closing on December 29 of 2006 (market of shares)

03.01.07, 22:16
/IRBIS, Sergey Yakovlev, January 3, 07/ - 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). Ranking table below is made as of December 29 at market closing and contains the comparative data on market closing as of November 30, 2006. -------------------------------------------------------------------------------- As of December 29, 06: As of November 30, 06: Trend: Short name of ---------------------- ---------------------- ----------------- the company posi capita- stake of posi capita- stake of capita- stakes, tion liz-on, compa- tion liz-on, compa- liz-on, perc. (all are JSC, m. USD ny, % m. USD ny, % m. USD points except KAZAKHMYS PLC) ---------------- ----- ------- -------- ----- ------- -------- --------- ------- KAZAKHMYS PLС 1 12993.6 22.95 Х 0 0 +12,993.6 +22.95 EP Kazmunaygas 2 9786.7 17.29 1 7846.2 19.76 +1,940.5 -2.48 CNPC-Aktobemu- 3 6480.9 11.45 2 6641.0 16.73 -160.1 -5.28 naygas Halyk bank 4 4606.1 8.14 5 3314.3 8.35 +1,291.7 -0.21 Kazkommertsbank 5 4518.2 7.98 3 4086.4 10.29 +431.8 -2.31 Bank TuranAlem 6 4304.8 7.60 4 3559.9 8.97 +744.9 -1.36 Kazakhtelecom 7 2185.1 3.86 6 3187.8 8.03 -1002.7 -4.17 ATFBank 8 1677.5 2.96 7 1474.8 3.71 +202.7 -0.75 Bank 9 1551.7 2.74 11 1077.9 2.71 +473.8 +0.03 CenterCredit Alliance Bank 10 1267.8 2.24 9 1260.2 3.17 +7.5 -0.93 KAZZINC 11 1219.1 2.15 12 1048.5 2.64 +170.6 -0.49 TNC Kazchrome 12 1131.5 2.00 8 1402.1 3.53 -270.6 -1.53 Aluminum 13 838.0 1.48 10 1162.5 2.93 -324.5 -1.45 of Kazakhstan Temirbank 14 639.9 1.13 13 474.4 1.19 +165.4 -0.06 BANK CASPIAN 15 601.4 1.06 14 466.1 1.17 +135.3 -0.11 Nurbank 16 445.4 0.79 16 351.7 0.89 +93.8 -0.10 UKTMC 17 408.1 0.72 15 405.0 1.02 +3.1 -0.30 KazTransCom 18 339.7 0.60 18 299.8 0.76 +39.9 -0.16 Sumbe 19 326.0 0.58 17 323.5 0.81 +2.5 -0.24 Astana-finance 20 249.0 0.44 19 296.3 0.75 -47.3 -0.31 Eximbank 21 127.4 0.23 Х 0 0 +127.4 +0.23 Kazakhstan Mangistauunaygas 22 85.5 0.15 21 121.4 0.31 -35.8 -0.15 Rakhat 23 85.1 0.15 35 16.9 0.04 +68.2 +0.11 Tsesnabank 24 82.5 0.15 22 83.3 0.21 -0.8 -0.06 Pavlodar PS 25 79.4 0.14 24 81.9 0.21 -2.5 -0.07 Kant 26 78.6 0.14 25 78.0 0.20 +0.6 -0.06 Temirleasing 27 66.1 0.117 26 66.4 0.17 -0.2 -0.05 Kazakhinstrakh 28 61.3 0.108 27 65.5 0.16 -4.2 -0.06 Corporation 29 53.5 0.09 23 82.4 0.21 -28.9 -0.11 Ordabasy Kazakhinstarkh 30 48.8 0.09 30 41.5 0.10 +7.2 -0.02 -------------------------------------------------------------------------------- Abbreviations in the table EP Kazmunaygas - Exploration Production KazMunayGas JSC, Halyk bank - Halyk savings bank of Kazakhstan JSC; UKTMIC- Ust-Kamenogorsk titanium and magnium industrial complex JSC; PavlodarES - PAVLODARENERGOSERVICE JSC, Kazinstrakh - Company on foreign insurance Kazinstrakh JSC. In order to get precise short names of the rest companies (except KAZAKHMYS PLC) necessary to put JSC before the names given in the table, and the name itself to put in the 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 in these shares. Quantity of the paid shares is determined by KASE as the difference between the number of announced shares and the number of shares on issue or reissue accounts of an issuer (including the nominal holding), and also shares, which by data of the nominal holder are in ownership of the issuer. Noticeable, 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, the authorized body in the old legal field had registered all issues of such 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 in shares of this issue their market value is equaled to zero. Market capitalization index is calculated in Kazakhstan tenge. It is converted into USD at weighted average rate of tenge against USD, efficient on the date of ranking formation. 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 December 29 of 2006 this index made 56,611.4 m. USD. 93 shares of 68 issuers were in official list of securities of KASE. [2007-01-03]