ANALYSIS: 30 most capitalized listing companies of KASE at trades closing on August 29, 2008 (stock market)

02.09.08 17:31
/IRBIS, Vitaliy Tomskiy, September 2, 08/ - IRBIS information agency of financial markets (Almaty) has compiled a table of top-30 of the most capitalized companies whose stocks are in Kazakhstan Stock Exchange (KASE) official list. Ranking table below is made as of August 29 at market closing and contains the comparative data on market closing as of July 31, 2008. -------------------------------------------------------------------------------- As of August 29, 08: As of July 31, 08 Trend: ------------------------ ----------------------- ---------------- Capita- Stake of capita- stake of capita- Stake Short name of posi- lization, compa- Posi- lization compa- lization, perc. the company tion m. USD ny, % tion m. USD ny, % m. USD points -------------- ----- --------- -------- ----- -------- -------- --------- ------ ENRC PLC 1 23,699.6 33.08 1 27 963.7 34.22 -4,264.1 -1.13 KAZAKHMYS PLС 2 13,432.5 18.75 2 14 465.6 17.70 -1,033.1 +1.05 EP Kazmunaygas 3 9,598.3 13.40 3 10 817.7 13.24 -1,219.4 +0.16 BTA Bank 4 3,296.9 4.60 5 4 248.7 5.20 -951.8 -0.60 Kazkommerts bank 5 3,186.2 4.45 4 4 458.8 5.46 -1,272.6 -1.01 Kazakhtelecom 6 2,879.8 4.02 7 2 971.7 3.64 -91.9 +0.38 Halyk bank 7 2,653.0 3.70 6 3 554.6 4.35 -901.6 -0.65 ATFBank 8 2,571.7 3.59 8 2 558.0 3.13 +13.7 +0.46 Bank CenterCredit 9 1,544.3 2.16 9 1 549.1 1.90 -4.8 +0.26 Alliance Bank 10 1,341.2 1.87 10 1 523.6 1.86 -182.4 +0.01 Temirbank 11 1,219.4 1.70 11 1 210.6 1.48 +8.8 +0.22 Astana-Finance 12 1,069.5 1.49 12 1 133.7 1.39 -64.3 +0.11 BANK CASPIAN 13 778.9 1.09 13 854.9 1.05 -75.9 +0.04 Nurbank 14 527.6 0.74 14 524.8 0.64 +2.8 +0.09 Sumbe 15 459.8 0.642 15 457.3 0.56 +2.4 +0.08 Astana- 16 457.0 0.638 16 454.6 0.56 +2.4 +0.08 Nedvizhimost UKTMC 17 328.7 0.46 17 327.7 0.40 +0.9 +0.06 KazTransCom 18 241.3 0.34 18 263.8 0.32 -22.5 +0.01 Tsesnabank 19 219.2 0.31 19 220.3 0.27 -1.1 +0.04 Delta Bank 20 171.6 0.240 20 171.1 0.21 +0.6 +0.03 Kant 21 171.3 0.239 21 170.4 0.21 +0.9 +0.03 Eximbank 22 166.6 0.233 23 166.8 0.20 -0.2 +0.03 Kazakhstan Kazinvestbank 23 161.9 0.226 22 166.8 0.20 -4.9 +0.02 AZIA AVTO 24 146.8 0.20 24 146.0 0.18 +0.8 +0.03 London-Almaty 25 106.7 0.149 26 102.3 0.13 +4.3 +0.02 Kazakinstrakh 26 106.4 0.148 25 105.8 0.13 +0.6 +0.02 Pavlodar PS 27 97.8 0.14 27 97.3 0.12 +0.5 +0.02 EKOTON+ 28 92.1 0.129 28 91.6 0.11 +0.5 +0.02 Shymkent MO 29 90.8 0.127 29 90.3 0.11 +0.5 +0.02 Rakhat 30 87.3 0.12 30 89.9 0.11 -2.5 +0.01 -------------------------------------------------------------------------------- Abbreviations in the table ENRC PLС - EURASIAN NATURAL RESOURCES CORPORATION PLC, EP Kazmunaigas - KazMunaiGas Exploration Production JSC, Halyk bank - Halyk savings bank of Kazakhstan JSC; UKTMIC- Ust-Kamenogorsk titanium and magnesium industrial complex JSC; PavlodarES - PAVLODARENERGOSERVICE JSC, Temirbank - SB BTA Bank JSC - Temirbank Joint Stock Company, Kazakinstrakh - Subsidiary insurance company of Halyk bank of Kazakhstan Halyk - Kazakinstrakh, London- Almaty - SB Bank TuranAlem JSC Insurance company London-Almaty JSC, Shymkent MO - Shymkent Munay Onimderi JSC, ORDABASY - ORDABASY Corporation JSC. In order to get precise short names of the other companies (except KAZAKHMYS PLC and ENRC PLС) 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 the Listing rules, companies, securities of which were included in the official securities list of KASE, at present 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 August 29, 2008 this indicator made USD71,634.2 m. 96 shares of 73 issuers were in the official list of securities of KASE. [2008-09-02]