ANALYSIS: The look of shares market on KASE and its parameters in May 2007 almost did not change

11.06.07 21:25
/IRBIS, Natalya Khoroshevskaya, June 11, 07/ - In May 2007 2.061 deals were registered in shares in all sectors , including deals, made on the special trading floor of the regional financial center of Almaty (STF RFCA) on Kazakhstan stock exchange (KASE) for a total of KZT58,499.2 m. or $487.0 m. according to the current rate on dates, on which deals were made. The specified amount is 62.8% of the month turnover of the market of corporate securities on KASE (in April - 58.4%) and 2.0% of the entire month exchange turnover (1.4%). Statistic characteristic of shares market on KASE in April and March of year 2007 ------------------------------------------------------------------------ Month: ------------------- Trend May April May 2007 Indicator 2007 2007 to Apr 2007 ---------------------------------------- --------- --------- ----------- Trades volume, th. USD 486,970.9 348,535.4 +39.7% Trades volume, m KZT 58,499.2 42,441.5 +37.8% Including on offerings, th. USD - - Х including on offerings, m. KZT - - Х including on STF RFCA, th. USD 215.8 23.6 +816.1% including on STF RFCA, m. KZT 26.0 2.9 +805.4% Number of deals 2,061 1,477 +39.5% Number of instruments, involved in deals 53 48 +10.4% Stake of nego deals (number), % 3.3 3.0 +0.3 pp Stake of nego deals (volume), % 22.7 9.4 +13.3 pp Part of pension assets, % on gross 8.1 7.5 +0.6% Part of physical entities, % on gross 14.7 38.4 -23.7 pp Number of exchange's members, 50 41 +22.0% who made deals Market concentration, %* 60.3 43.5 +16.8 pp ------------------------------------------------------------------------ * it is specified percentage out of the entire shares turnover, which is numbered by most traded securities (their number is 5% out of the total number of share denominations, included in traded lists of KASE) Exchange shares market in May as in April was enough calm. Traders still were showing the increased interest to preferred shares of and shares of so- called second echelon. The given tendency in May had transferred to 10%- ge widening of list of instruments, involved into deals and also to growth of price of number of shares, related to the above pointed categories. Decrease of stake of physical entities was caused by action of local factor - correction after April deal for re-selling of 75% offered shares of NEFTEBANK JSC which was made between physical entities. By results of May growth of average weighted day prices was shown by 45% of shares' names, involved into deals, 36% - decrease, 6% - rate remind unchanged, 13% of securities was nothing to compare with. Corresponding indicators of April were very close: 48%, 38%, 8% and 6%. Positive change of shares' prices in May was observed in the range from 0.48% (HSBK) to 893.33% (UTMKp - leader of fall of the last month), negative - from 0.38% (CHFM) to 70.00% (RAHT). KASE_Shares index in the middle of month had entered the maximal rate of spring - 2,713. Its growth was caused by simultaneous increase of price parameters of common shares of Temirbank JSC (TEBN), Halyk savings bank of Kazakhstan JSC (HSBK), Alliance Bank JSC (ASBN) and Bank CenterCredit JSC (CCBN) by 9.5%, 8.8%, 1.0% and 0.5% correspondingly. However KASE_Shares did not manage to fix upper 2,600, and to the end of month the index returned to corridor of 2,500-2,600 in which it was located since March of the current year. Below are given the tables, characterizing the shares market of KASE in the analyzed month more fully. Changes in list of shares, traded on KASE, in May 2007 --------------------------------------------------- Bonds: Issuers: Category of ------------ Instruments ------------ admission number trend number trend number trend ------------ ------ ----- ------ ----- ------ ----- A 48 0 48 0 32 0 B 46 0 46 0 37 0 ------------ ------ ----- ------ ----- ------ ----- A+B 94 0 94 0 68 0 ------------ ------ ----- ------ ----- ------ ----- N 5 +1 5 +1 5 +1 A+B+N 99 +1 99 +1 72 +1 ------------ ------ ----- ------ ----- ------ ----- C (STF RFCA) 15 0 15 0 9 0 A+B+C+N 99 +1 114 +1 72 +1 --------------------------------------------------- Notes: "A", "B" - categories of the official list of KASE; "C" - the category of the official list of the special trading floor of the regional financial center of Almaty (STF RFCA); "А+В" - the official list of KASE; "А+В+N" - the main trading floor of KASE; "A+B+C+N" - totally on KASE, including STF RFCA; in connection with launching STF RFCA, within a security (share) of one denomination two exchange instruments can go with, which are different with the trading code, conditions of trades performance and of payment completion. Changes of KASE_Shares for different periods to the moment of trades' closing on May 31, 2007 (basis actual/365) ----------------------------------------------------- Change: ------------- Period % % APR --------------------------------------- ------ ------ For previous 30 days +0.3 +3.1 Since the beginning of the current year +5.9 +14.5 (since January 1, 07) For the last 365 days (year) +52.7 +52.7 For year 2006 +274.1 +274.1 Since the beginning of year 2005 +296.3 +210.0 ----------------------------------------------------- Main indicators of exchange market of purchase and sales of shares in May of year 2007 ------------------------------------------------------------------- Market ca- Volume of Volume of Number of pitalization, Index deals, deals, deals Data m. USD KASE_Shares th. USD m. KZT ----------- ------------- ----------- --------- --------- --------- April 30,07 65,464.5 2,555.26 11,700.1 1,405.2 107 May 2, 07 65,434.2 2,529.02 8,690.8 1,045.0 69 May 3, 07 64,963.0 2,552.34 12,754.7 1,528.9 87 May 4, 07 67,114.4 2,616.56 26,538.3 3,165.5 128 May 7, 07 65,426.4 2,597.89 10,144.2 1,205.0 88 May 8, 07 66,131.4 2,623.57 87,944.0 10,493.5 73 May 10, 07 67,336.1 2,712.82 19,108.7 2,292.7 134 May 11, 07 65,779.6 2,618.07 13,544.6 1,630.8 71 May 14, 07 66,096.1 2,603.88 6,178.2 742.0 100 May 15, 07 63,835.8 2,583.93 19,922.8 2,382.6 111 May 16, 07 63,778.1 2,572.45 24,226.9 2,896.8 115 May 17, 07 63,788.4 2,604.93 34,597.0 4,167.6 134 May 18, 07 63,927.4 2,626.93 23,327.6 2,812.8 69 May 21, 07 64,105.5 2,600.59 21,599.9 2,595.0 109 May 22, 07 65,104.5 2,626.67 88,173.1 10,593.1 101 May 23, 07 64,579.0 2,639.61 10,770.3 1,292.2 149 May 24, 07 64,574.0 2,600.02 14,200.0 1,709.1 123 May 25, 07 63,219.4 2,606.97 11,637.6 1,404.4 104 May 28, 07 63,183.5 2,579.52 14,589.0 1,774.8 97 May 29, 07 62,397.9 2,573.08 15,507.3 1,892.4 84 May 30, 07 63,060.2 2,544.85 4,666.6 567.6 40 May 31, 07 63,017.0 2,561.73 18,849.5 2,307.6 75 ----------- ------------- ----------- --------- --------- --------- Trend -2,447.5 +6.47 % -3.7 +0.3 ------------------------------------------------------------------- Results of trades in shares on KASE in May 2007 in purchase and sales sector (including nego deals) ----------------------------------------------------------------------------------- Price, tenge per share: ------------------------------------------------------------ on last deal for last 365 days: Volume Num- ----------------- -------------------- of deals, ber Shares trend th. de- code min. max. price % min. max. USD als ------ ---------- ---------- ---------- ------ --------- ---------- --------- ----- aASFI 9,315.00 9,315.00 9,315.00 9,315.00 9,315.00 3.2 1 aASND 5,060.00 5,060.00 5,060.00 5,060.00 10,350.00 8.4 1 aATFB 3,750.00 3,750.00 3,750.00 3,750.00 3,750.00 68.5 2 p8 AMGZ 45,000.00 54,625.00 50,435.00 +9.6 44,500.00 105,000.00 254.5 13 ASAV 34,351.00 39,100.00 34,400.00 34,351.00 39,100.00 9,894.2 8 ASBN 58,000.00 66,700.00 66,000.00 -1.0 11,100.00 69,000.00 466.9 6 ASBN 12,400.00 18,940.50 18,025.00 +43.1 10,000.00 18,940.50 16,808.0 46 p1 ASFI 9,315.00 10,695.00 10,695.00 +32.0 7,500.00 14,000.00 135.9 9 ASZS 12,882.94 12,882.94 12,882.94 12,882.94 12,882.94 10,908.7 1 aTEBN 2,300.00 2,600.00 2,300.00 2,300.00 2,600.00 108.8 4 p ATFB 8,750.00 13,225.00 12,899.00 +11.7 6,225.00 14,000.00 17,270.8 88 ATFBp 3,361.00 4,542.50 3,800.00 -5.0 2,800.00 4,750.00 1,482.5 23 ATFB 2,850.50 5,000.00 4,500.00 +41.5 1,500.00 5,750.00 21,407.5 169 p8 aZERD 4.50 4.50 4.50 +13.9 3.95 4.50 26.8 1 AZNO 9,200.00 9,200.00 9,200.00 9,200.00 10,350.00 675.4 2 BTAS 118,000.00 140,000.00 125,000.00 -6.7 90,000.00 157,500.00 147,698.3 241 CCBN 1,702.00 2,012.50 1,810.00 -5.7 510.02 2,012.50 27,582.5 280 CHFM 1,300.00 1,500.75 1,300.00 600.00 1,500.75 22.2 3 CHFMp 900.00 900.00 900.00 900.00 900.00 1.5 1 CSBN 6,000.01 7,600.00 7,500.00 +4.3 3,100.00 7,600.00 1,033.0 16 CSBNp 1,777.85 3,505.00 2,750.00 +78.8 600.00 3,505.00 1,701.9 32 DNBN 3,910.00 6,727.50 5,850.00 +92.4 1,400.00 6,727.50 114.4 7 EXBN 3,000.00 3,450.00 3,450.00 +3.4 2,000.00 3,700.00 3,200.9 17 EXBNp 1,100.00 2,016.00 2,000.00 +73.9 1,100.00 2,016.00 11,725.8 59 GB_KZ 3,047.50 3,047.50 3,047.50 3,047.50 3,530.00 12.7 1 MS HSBK 570.00 740.00 679.99 0 260.00 781.00 1,110.8 43 HSBK 305.00 330.00 305.00 -10.3 173.00 345.00 157.9 7 p1 KIBN 345.00 1,150.00 531.00 +130.9 150.00 1,150.00 203.7 20 KKGB 1,210.00 1,325.00 1,220.00 -2.4 250.00 1,550.00 1,919.4 66 KKGBp 295.70 345.00 310.00 +10.7 100.00 600.00 14,849.2 164 KZIS 63,000.00 73,600.00 68,000.00 +1.5 26,000.01 75,000.00 108.9 4 KZTC 17,000.00 17,000.00 17,000.00 0 10,000.00 20,000.00 35.4 1 KZTCp 1,044.00 1,044.00 1,044.00 0 1,044.00 9,000.00 7.9 2 KZTK 48,000.00 50,500.00 50,300.00 +0.6 23,502.00 55,000.00 2,473.8 108 KZTKp 22,800.00 25,000.00 23,000.00 -4.0 8,950.00 27,100.00 956.8 55 MMGZp 10,000.00 10,000.00 10,000.00 0 7,000.00 15,990.00 49.5 1 NFBN 2,530.00 3,380.97 2,530.00 -45.5 1,321.00 7,622.50 10,267.6 18 NRBN 29,000.00 52,300.00 31,000.00 -31.9 28,000.00 62,250.00 903.9 28 NRBN 21,500.00 22,000.00 21,500.00 -15.0 21,500.00 40,000.00 278.2 4 p6 ORDB 4,100.00 4,600.00 4,200.00 +5.0 2,841.85 4,600.00 1,650.4 10 ORDBp 2,415.00 2,415.00 2,415.00 2,095.00 2,415.00 2.0 1 PDES 1,000.00 1,035.73 1,002.00 +0.2 655.00 1,432.40 7,519.4 14 RAHT 1,000.00 3,000.00 1,000.00 -71.4 600.00 3,500.00 299.9 4 RDGZ 13,300.01 15,100.00 13,725.00 -8.8 11,260.00 18,399.99 37,986.6 169 RMXR 1.05 1.05 1.05 1.05 4.10 257.7 1 ROSA 695.75 695.75 695.75 570.01 855.00 1.5 1 TEBN 6,000.01 7,000.00 6,500.01 -7.1 2,100.00 7,000.00 3,640.4 28 TEBNp 1,733.75 3,300.00 2,530.00 +5.4 1,080.00 3,300.00 15,307.9 167 TSBN 2,750.00 3,335.00 3,150.00 +5.4 1,510.00 4,550.00 2,717.7 39 TSBNp 2,415.00 2,415.00 2,415.00 1,000.00 2,415.00 28.1 2 UTMK 28,750.00 28,750.00 28,750.00 25,000.00 28,750.00 1.2 1 UTMKp 14,900.00 14,900.00 14,900.00 +893.3 100.00 29,000.00 761.7 1 ZERD 4.03 4.50 4.03 -1.7 1.10 4.50 426.0 3 ------ ---------- ---------- ---------- ------ --------- ---------- --------- ----- 53 376,536.8 1 993 ----------------------------------------------------------------------------------- Notes to the table: The table reflects only those shares, with which deals were made by method of open trades. Trends (change, %) are given relative to the last deal of the previous month (April 1-30, 2007). If there were no deals last month, trend is not calculated. Top-10 of the most liquid listing shares of KASE in April 2007, including STF RFCA --------------------------------------------------------------------------------- Base of liquidity indicator calculation (Kl): --------------------------------------------- Position Liquidity Volume Number Number Position in May Share indicator of deals number of KASE of result in April, 2007 symbol (Kl) KZT, mln of deals members days 2007 -------- ------ --------- ----------- ----------- --------- ----------- --------- 1 CCBN 2.6 3 315.1 280 42 21 4 2 BTAS 2.5 17 732.3 241 28 21 8 3 RDGZ 2.1 4 584.2 169 38 20 2 4 TEBNp 1.72 1 858.1 167 24 21 17 5 ATFBp8 1.70 2 574.5 169 23 20 1 6 KKGBp 1.5 1 785.4 164 20 17 5 7 ATFB 1.34 2 074.9 88 22 19 10 8 KZTK 1.30 297.0 108 17 21 7 9 KKGB 1.2 230.2 66 22 16 3 10 KZTKp 1.1 115.0 55 16 20 6 --------------------------------------------------------------------------------- Notes to the table: for calculation of Kl are used only data on deals, which were made in the sector of KASE's secondary market by one of methods of open trades. Description of methods of calculation of the given indicator is available in corresponding chapter of the document, published at http://www.kase.kz/mix/rsp.pdf in Russian language and at http://www.kase.kz/eng/mix/rsp.pdf in English language. 10-top most capitalized companies of KASE whose shares are in official securities list of the exchange (to the moment of trades closing by specified dates) ------------------------------------------------------------------------- As of May 31, 07: as of April 30, 07: Change: ------------------- ------------------- --------------- Company code po- capi- stake po- capi- stake capi- on KASE (the same si- taliza- of the si- taliza- of the taliza- stake, code is used for ti- tion, compa- ti- tion, compa- tion, % common share) on m USD ny, % on m USD ny, % m USD points ----------------- --- -------- ------ --- -------- ------ -------- ------ GB_KZMS 1 11,637.2 18.5 1 13,740.1 21.0 -2,102.9 -2.5 RDGZ 2 7,872.8 12.5 2 8,799.5 13.4 -926.8 -0.9 KKGB 3 6,046.6 9.6 3 6,275.8 9.6 -229.2 0 HSBK 4 5,727.5 9.1 5 5,858.3 8.9 -130.8 +0.1 BTAS 5 5,476.1 8.7 4 5,983.8 9.1 -507.7 -0.5 ASBN 6 5,240.3 8.3 7 4,165.2 6.4 1,075.2 +2.0 KZTK 7 4,563.7 7.2 6 4,627.8 7.1 -64.1 +0.2 AMGZ 8 3,685.8 5.8 8 3,426.6 5.2 259.2 +0.6 ATFB 9 2,494.6 4.0 9 2,201.0 3.4 293.5 +0.6 KZCR 10 1,640.6 2.6 11 1,672.3 2.6 -31.7 0 ------------------------------------------------------------------------- Not to the table: Stake of the company, % - indicator, calculated by ratio of market capitalization of the company to total capitalization of exchange market of shares of KASE's official list of securities and expressed in percentage. This indicator at the session closing as of May 31, 2006 was $63,017.0 m. There were 94 shares of 68 issuers in official securities list of KASE. [2007-06-11]