ANALYSIS: Liquidity rating of KASE listing shares on secondary market in September and nine months of 2008

06.10.08 20:50
/IRBIS, Dinara Mukasheva, October 6, 08/ - IRBIS information agency of financial markets (Almaty) has rated liquidity of listing companies' shares traded on Kazakhstan Stock Exchange (KASE) in September of 2008. The first 10 positions of the rating are given below. In September these shares possessed 49.3 % of turnover of corresponding sector of exchange market. Over the specified period, deals in shares of 51 names have been made on KASE open secondary market. -------------------------------------------------------------------------------- Liquidity indicator calculation base (Kl): Posi Posi Liquidity ------------------------------------------ tion in tion in indi- volume number number of Sept. August Share cator of deals, number of KASE successful 2008 2008 symbol (Kl) m. KZT of deals members days ------- ------- ------- --------- ---------- --------- ------- ---------- 1 2 RDGZ 2.56 1,105.8 215 58 21 2 3 HSBK 1.97 1,974.5 152 38 21 3 4 BTAS 1.72 2,578.7 124 32 19 4 5 KZTK 1.61 1,505.3 137 23 21 5 1 CCBN 1.44 790.9 132 19 19 6 9 GB_KZMS 1.17 90.4 70 21 20 7 8 GB_ENRC 1.12 68.7 57 26 17 8 6 KKGB 1.06 123.8 58 19 19 9 10 TEBN 0.94 9,439.6 18 8 9 10 7 KZTKp 0.81 29.6 30 18 15 -------------------------------------------------------------------------------- The table below contains the first 10 positions of the rating, made by the results of shares trades on KASE for the nine months of 2008. Stake of these "ten" in total turnover of shares market of KASE made 66.4 %. During this period 71 stocks were involved in deals of KASE open secondary market. -------------------------------------------------------------------- Liquidity indicator calculation base (Kl): ------------------------------------------ volume number number of Share of deals, number of KASE effective Position symbol Kl m. KZT of deals members days -------- ------- ----- ---------- --------- -------- --------- 1 RDGZ 2.99 66,676.2 2,929 133 178 2 CCBN 2.10 68,622.2 1,347 85 178 3 KKGB 1.87 7,991.9 1,563 114 149 4 BTAS 1.80 29,780.3 1,205 92 170 5 HSBK 1.38 6,141.0 755 84 160 6 KZTK 1.34 18,828.9 827 71 139 7 GB_KZMS 0.85 592.2 320 52 123 8 KKGBp 0.73 2,252.8 285 45 99 9 TEBN 0.703 22,591.6 181 26 100 10 KZTKp 0.699 609.5 287 39 108 -------------------------------------------------------------------- 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 higher 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. [2008-10-06]