KASE determined leading operators of stock exchange's share market in Kazakhstan in January 2007, changing the methods of estimation

/IRBIS, Natalya Khoroshevskaya, February 2, 07/ - Kazakhstan stock exchange (KASE) has determined leading operators of stock exchange's share market in January 2007. Companies are ranked according to the stake of deals made by it in total gross turnover of trades (total of purchased and sold shares). At that, only operations of purchase and sale in secondary market are taken into account, excluding work of brokers with government blocks of shares (SBS). Position of each participant of trades is expressed in Kazakhstan tenge. IRBIS draws attention on that since year 2007 KASE had changed the methods of estimation of rating, using while preparing of it only information on deals, made on exchange by the methods of open trades. In other words, volumes of nego deals with securities henceforth do not influence on positions of participants of trades in the exchange rating of leading operators of the market. A total of 39 companies participated in making shares purchase and sale deals on KASE in January, from them 5 companies made only nego deals. Below is the list of ten most active operators in descending order of their stakes in total deals volume (all headquarters are in Almaty). Stake of these operators in January was 81.6% of turnover of corresponding sector of stock exchange. ----------------------------------------------------------------- Position in Position in Stake in January December Brief name trade 2007 2006 of company volume, % ----------- ----------- ---------------------------- --------- 1 9 Tsesna Capital JSC (Astana)* 15.7 2 1 Almaty Investment 14.9 Management JSC 3 3 VISOR Capital JSC 14.2 4 2 BBC Invest JSC (daughter organization of 9.8 Bank CenterCredit JSC) 5 6 Investment Financial 8.6 House RESMI JSC 6 14 Kazkommerts Securities JSC (daughter organization of 4.6 Kazkommertsbank JSC) 7 33 Almaty financial center JSC 3.9 8 15 Kazkommerts Invest JSC 3.8 9 31 Eximbank Kazakhstan JSC 3.2 10 12 Daughter organization of Bank TuranAlem JSC 2.8 TuranAlem Securities JSC ----------------------------------------------------------------- * Former name - DERBES SECURITIES JSC. Newcomers of the "active ten" relative to December 2006 became Kazkommerts Securities JSC (daughter organization of Kazkommertsbank JSC), Almaty financial center JSC, Kazkommerts Invest JSC, Eximbank Kazakhstan JSC, Daughter organization of Bank TuranAlem JSC TuranAlem Securities JSC, replacing: - Centras Securities JSC (Almaty, fourth position in December); - APF Kazakhmys JSC (Zhezkazgan, fifth position in December); - Global Securities Kazakhstan JSC (Almaty, seventh position in December); - MONEY EXPERTS JSC (Almaty, eighth position in December); - RBNT SECURITIES CJSC (Almaty, tenth position in December). During compilation of the rating given above the positions of market participants in December 2006 were re-distributed in accordance with new methods of KASE, so they may not coincide with data published by IRBIS earlier. [2007-02-02]