KASE determined leading operators of the exchange purchase and sale share market for February and for the two initial months of 2008 (according to a new methodology)

/KASE, April 1, 08/ - Kazakhstan Stock Exchange (KASE) determined leading operators of the exchange purchase and sale share market in Kazakhstan for February 2008, applying a new ranking methodology. Below is the table with 10 most active KASE category "К" members (head offices of all companies are in Almaty, unless otherwise is specified). In March 2008, 47 companies participated in purchase and sale share deals. The stake of the "active ten" made 67.7 % of the exchange secondary share market turnover. ------------------------------------------------------------------------------ Rank in --------- Activity Calculation base Ka: Mar Feb indicator -------------------- 2008 2008 Company short name (Ka) V N D А ---- ---- ------------------------------------- --------- ----- ---- ---- ---- 1 1 Subsidiary of Bank TuranAlem JSC - TuranAlem Securities JSC 3.37 0.47 1.00 1.00 1.00 2 4 RBNT SECURITIES JSC 2.54 1.00 0.56 0.95 0.23 3 7 VISOR Capital JSC 2.30 0.66 0.54 0.95 0.28 4 10 IFG KONTINENT JSC 2.27 0.60 0.61 0.84 0.33 5 6 Centras Securities JSC 2.25 0.15 0.54 1.00 0.60 6 9 Finance Company REAL-INVEST.kz JSC 1.93824 0.12 0.49 0.95 0.40 7 14 Investment Finance House RESMI JSC 1.93816 0.11 0.38 1.00 0.47 8 3 Subsidiary of Bank CenterCredit JSC - BCC Invest JSC 1.933 0.12 0.29 0.95 0.60 9 12 Almaty Investment Management JSC 1.92 0.20 0.43 0.95 0.38 10 8 Asyl Invest JSC 1.80 0.12 0.34 0.95 0.42 ------------------------------------------------------------------------------ Compared with February 2008, Investment Finance House RESMI JSC and Almaty Investment Management JSC have become the newcomers of the "active ten", having replaced: - Renaissance Capital Investments Kazakhstan JSC (the second rank in February), - Kazcommerts Securities JSC (Subsidiary of Kazcommertsbank JSC) (the fifth rank Below is a corresponding table of the most active KASE category "K" members in the sector for the three initial months of 2008. During this period 54 companies participated in the deals. The stake of the "active ten" made 72.1 % of the exchange secondary share market turnover. ---------------------------------------------------------------------------------- Activity Calculation base Ka: indicator -------------------- Rank Company short name (Ka) V N D А ---- ---------------------------------------------- --------- ----- ---- ---- ---- 1 Subsidiary of Bank TuranAlem JSC - TuranAlem Securities JSC 3.49 0.61 1.00 1.00 1.00 2 Subsidiary of Bank CenterCredit JSC - BCC Invest JSC 2.92 0.34 0.72 0.97 0.96 3 Centras Securities JSC " 2.77 0.35 0.76 1.00 0.73 4 RBNT SECURITIES JSC) 2.66 1.00 0.71 0.92 0.24 5 VISOR Capital JSC " 2.41 0.72 0.58 0.93 0.32 6 Renaissance Capital Investments Kazakhstan JSC 2.36 0.91 0.78 0.80 0.05 7 Subsidiary of Kazcommertsbank JSC - Kazcommerts Securities JSC 2.29 0.36 0.54 0.97 0.50 8 Asyl Invest JSC 2.14 0.35 0.44 0.98 0.43 9 IFG KONTINENT JSC 2.13 0.37 0.64 0.92 0.28 10 Finance Company REAL-INVEST.kz JSC 2.11 0.16 0.62 0.98 0.38 ---------------------------------------------------------------------------------- KASE draws attention that the activity ranking of operators of the exchange share market, provided in the tables, is compiled according to a new methodology. The methodology text will be published soon at the exchange website. The core of the methodology is the following. The company rank is determined by the value of a so-called activity indicator (Ka), which is calculated for each member of the exchange. The first rank corresponds to the maximum Ka value. For operators of the share market this indicator is calculated according to the formula Ka = 0,8*V + N + D + A, where: V - is the indicator of the volume of the deals with shares, concluded by the rated exchange member during the analyzed period at the secondary market of KASE by method of open trades; V = Vi / Vmax, where Vi - the volume of the deals, concluded the rated company during the period, Vmax - the largest volume of the deals, concluded by a KASE member during the same period (without account of the deals of the National Bank); N - is the indicator of number of the deals in shares, concluded the rated exchange member during the analyzed period at the secondary market of KASE by method of open trades; N = Ni / Nmax, where Ni - is number of the deals, concluded by the rated company during the period, Nmax - the largest number of the deals, concluded by a KASE member during the same period (without account of the deals of the National Bank); D - is the indicator of number of the resultant days for the rated exchange member in the analyzed period (a resultant day is the day during which at least one deal in shares was concluded by a rated exchange member on the secondary market of KASE by method of open trades); D = Di / Dmax, where Di - a number of resultant days in respect of the rated exchange member, D(max) - is the largest number of resultant days, registered during the analyzed period in respect of a KASE member; A - is the indicator of the number of the sub-accounts, used by the rated exchange member during the analyzed period; A = Ai / Amax, where Ai - is a number of sub-accounts, which were used by the rated exchange member at conclusion of deals during the analyzed period, A(max) - is the maximum number of the sub-accounts used, registered during the analyzed period in respect of a KASE member The Vi, Ni, Di, Ai, Vmax, Nmax, Dmax, Amax indicators are specific values, which means they are calculated as the ratio of the volume of deals (deals number, resultant days number or sub-accounts number) to the number of days in the analyzed period, during which the trade participant was an Exchange member of a certain category. Thus, the dependence of indicator values from the duration of the rated KASE member operation is leveled. At that, the deals on STF of RFCA are not to be taken into account by the Exchange when determining ranking positions. At the same time, not all KASE category "P" members are ranked. To be ranked, a company must be a KASE member of the category specified for at least 70 % (according to the calendar days) of the analyzed period, if the period is less or equal to three months; at least 60 %, if the period is three to six months; and at least 50 %, if the analyzed period exceeds that indicated. [2008-04-01]