/IRBIS, Vitaliy Tomskiy, August 7, 08/ - IRBIS information agency of
financial markets (Almaty) has rated liquidity of listing companies' shares
traded on Kazakhstan Stock Exchange (KASE) in July of 2008.
The first 10 positions of the rating are given below. In July these shares
possessed 71.1% of turnover of corresponding sector of exchange market.
Over the specified period, deals with shares of 45 names have been made
on KASE open secondary market.
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Liquidity indicator calculation base (Kl):
Liquidity ---------------------------------------------
Posi Posi indi- volume number number
tion in tion in cator of deals, number of KASE of successful days
July. June Share (Kl) m. KZT of deals members
2008 2008 symbol
------- ------- ------- --------- --------- -------- ------- ------------------
1 2 RDGZ 2.59 1,381.6 175 48 20
2 3 BTAS 2.31 7,832.4 98 36 20
3 7 HSBK 1.78 633.7 90 37 18
4 4 CCBN 1.73 1,278.3 113 24 20
5 11 GB_ENRC 1.00 57.7 38 18 16
6 5 KKGB 0.899 109.5 38 18 12
7 13 TEBN 0.898 1,870.4 32 7 18
8 6 KZTKp 0.83 48.7 38 16 11
9 - MREK 0.70 315.7 26 11 12
10 1 KZTK 0.64 74.6 21 15 8
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GB_ENRC, TEBN and MREK having replaced MMGZp (8th position in
June), ATFBp8 (9th position) and KKGBp (10th position) correspondingly
have become the newcomers of the "liquid ten".
The table below contains the first 10 positions of the rating, made by the
results of shares trades on KASE for the first seven months of 2008.
Stake of these "ten" in total turnover of shares market of KASE made
62.8 %. During this period shares of 70 instrument names were involved in
deals of KASE open secondary market.
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Liquidity indicator calculation base (Kl):
--------------------------------------------
Share volume number number
Position symbol Kl of deals, number of KASE of effective days
m. KZT of deals members
-------- ------- ---- --------- -------- ------- -----------------
1 RDGZ 3.00 64,682.5 2 556 117 141
2 KKGB 2.00 7,738.9 1 464 112 116
3 BTAS 1.80 25,104.6 985 88 133
4 CCBN 1.65 7,513.4 1 027 81 139
5 KZTK 1.34 16,985.3 644 68 105
6 HSBK 1.29 3,571.0 500 75 119
7 GB_KZMS 0.80 475.0 230 45 91
8 KKGBp 0.77 2,174.9 238 45 79
9 KZTKp 0.70 535.0 219 39 78
10 TEBN 0.62 13,038.7 132 23 77
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Notes
The rating is based on liquidity indicator (Kl), which is calculated for each
share on a specified period. Positions are rated by sorting shares in
descending order of Kl (the higher Kl, the higher liquidity is and the lower
position in the rating). The first position in the rating corresponds to the
highest Kl value.
Description of liquidity indicator calculation methods is available in the
proper section of the document, published at:
http://www.kase.kz/mix/rsp.pdf
in Russian and at
http://www.kase.kz/eng/mix/rsp.pdf in English.
IRBIS agency draws attention to the fact that while calculating the
liquidity indicator, only data on deals made in KASE secondary market
sector (including special trading floor of the regional financial center of
Almaty) by one of open trade methods are taken into account.
"p" letter in the end of the symbol means preferred shares, other letters -
common shares.
Full list of symbols of issuers and securities traded on KASE is available at
http://www.kase.kz/instruments/nzb_code.htm
The data aforementioned is not an offer or recommendation to sell or buy
shares on KASE. Using the data while making investment decisions does
not rest the responsibility for possible losses resultant from such decision on
the IRBIS agency.
[2008-08-07]