ANALYSIS: Change of market capitalization of KASE's 30 largest listing companies in year 2007
/IRBIS, Dinara Mukasheva, January 9, 08/ - IRBIS information agency of financial markets (Almaty) has analyzed change of market capitalization level of 30 largest companies, shares of which were in official list of securities of Kazakhstan stock exchange (KASE) as of end of year. Results are given in the table below.
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As of December 29, 07: As of December 29, 06: Trend:
Short name of ----- -------- -------- ----- -------- -------- ------- ------
the company posi- capita- Stake of posi- capita- stake of capita- stakes
(all are JSC, liz-on, compa- liz-on, compa- liz-on, perc.
except
KAZAKHMYS tion m. USD ny, % tion m. USD ny, % m. USD points
PLC)
------------------- ----- -------- -------- ----- -------- -------- ------- ------
EP Kazmunay 1 12,439.1 23.3 2 9,792.1 17.3 +27.0 +6.0
gas
KAZAKHMYS 2 12,308.7 23.1 1 13,000.7 23.0 -5.3 +0.1
PLС
Bank TuranAlem 3 4,642.4 8.7 6 4,307.2 7.6 +7.8 +1.1
Halyk bank 4 4,262.5 8.0 4 4,608.6 8.1 -7.5 -0.1
Kazkommerts 5 4,081.1 7.7 5 4,520.7 8.0 -9.7 -0.3
bank
Kazakhtelecom 6 3,368.5 6.3 7 2,186.3 3.9 +54.1 +2.5
Alliance Bank 7 2,049.4 3.8 10 1,268.5 2.2 +61.6 +1.6
ATFBank 8 1,730.9 3.2 8 1,678.4 3.0 +3.1 +0.3
Bank 9 1,445.7 2.7 9 1,552.5 2.7 -6.9 -0.03
CenterCredit
Temirbank 10 1,211.4 2.3 14 640.2 1.13 +89.2 +1.1
BANK 11 993.4 1.9 15 601.7 1.06 +65.1 +0.8
CASPIAN
Astana-finance 12 690.2 1.3 20 249.1 0.4 +177.0 +0.9
Sumbe TNC Kazchrome 13 453.9 0.9 19 326.2 0.58 +39.1 +0.3
Nurbank 14 436.5 0.819 16 445.7 0.8 -2.1 +0.03
UKTMC 15 435.9 0.818 17 408.3 0.7 +6.8 +0.1
KazTransCom 16 430.8 0.808 18 339.9 0.60 +26.7 +0.2
Tsesnabank 17 272.6 0.51 24 82.5 0.146 +230.3 +0.4
Eximbank Kazakhstan 18 246.5 0.46 21 127.5 0.2 +93.3 +0.2
Kazinvestbank 19 195.2 0.37 30 48.8 0.086 +300.1 +0.3
Kazakinstrakh 20 129.4 0.24 28 61.3 0.11 +111.0 +0.1
London-Almaty 21 108.5 0.20 36 24.7 0.0436 +339.6 +0.2
AZIA AVTO* 22 105.3 0.198 Х Х Х X X
Rakhat 23 104.7 0.196 23 85.1 0.150 +0.2 +0.05
Delta Bank 24 95.4 0.18 35 25.2 0.0445 +278.9 +0.1
EKOTON+ 25 91.6 0.17 - 0 0 - -
Pavlodar PS 26 90.3 0.1694 25 79.4 0.140 +13.7 +0.03
Shymkent MO 27 90.0 0.1689 - 0 0 - -
Ordabasy 28 88.5 0.166 29 53.5 0.095 +65.4 +0.1
GLOTUR 29 69.8 0.131 34 27.1 0.05 +157.4 +0.1
Temirleasing 30 69.0 0.129 27 66.2 0.12 +4.3 +0.01
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* common shares KZ1C49860014 (ASAV) of ASIA AVTO JSC (Ust-Kamenogorsk) are included into KASE's category "A" official list since April 30, 2007
Abbreviations in the table
EP Kazmunaygas - Exploration Production KazMunayGas JSC, Halyk bank - Halyk savings bank of Kazakhstan JSC; UKTMIC- Ust-Kamenogorsk titanium and magnesium industrial complex JSC; PavlodarES - PAVLODARENERGOSERVICE JSC. In order to get precise short names of the other companies (except KAZAKHMYS PLC) it is 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, which equals to the product of the amount of the company's shares (common and preferred) that are in circulation (of paid shares), and the price of the last deal made at KASE in these shares by one of methods of open trades. The indicator of the company's market capitalization is computed in Kazakhstan tenge. It is converted to U.S. dollar according to the weighted average rate of tenge to dollar, acting on the date of ranking compilation.
Quantity of paid shares is determined by KASE independently on the basis of the data of the register holder of a listing company and the company itself as the number of shares of the listing company minus purchased by it.
It is noteworthy, KASE takes into account with a view of the company's market capitalization the new value of the number of paid shares not as of the date of compiling the extract from the register, but as of the date of receiving this extract by the stock exchange (more precisely, as of the date of its processing by the exchange). Shortcomings of this method are obvious. However, the application of another method is not considered possible, since KASE computes capitalization indicator daily, considers it in the indexes values, and cannot re-count this indicators backdating.
According to Listing rules, companies, securities of which were included in the official securities list of KASE, at the present time must provide the exchange with the extracts from shareholders' registers system at the beginning of each calendar quarter. Each extract is processed by KASE either on the day of receipt or the next working day. However, most of issuers give extracts as of the date specified in it with a substantial delay (from several days till a number of months). Frankly speaking, among companies submitting excerpts with deep delay as a rule are production organizations with rarely changing authorized capital.
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 securities list of KASE and expressed in percentage. At closing of the market on December 29, 2007 of 2007 this index made 53,309.5 m. USD. 90 shares of 79 issuers were in the official list of securities of KASE.
[2008-01-09]