In 2008, trades volume on the KASE repo market increased by 2.7 % and made up KZT13.1 trl. ($109.0 bn.) given turnover KZT26.1 trl. ($217.0 bn.)
/KASE. January 16, 09/ - In 2008, trades volume on the repo market of Kazakhstan Stock Exchange (hereinafter - KASE) made up KZT13,122.6 bn. (equivalent of USD109,049.7 m.) and increased in relation to the last year by 2.7 % (by 4.6,% in USD).
The table below shows the trades volume (calculated by borrowing amounts) in the mentioned exchange market sector in break down by month and sector and comparative data for 2007 (bn. KZT, if otherwise specified).
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Automatic "Nego" Trades
repo repo volume
----------------- ------------- -------------------
Month CS GS CS GS bn. KZT m. USD
------------ ------- -------- ----- ------ -------- ---------
January 144.4 677.4 57.4 9.7 888.9 7,384.0
February 129.5 475.7 39.4 4.4 649.0 5,392.6
March 129.1 508.6 33.6 7.6 679.0 5,627.7
April 111.1 687.2 47.3 8.0 853.7 7,086.0
May 94.9 547.3 54.9 4.7 701.9 5,821.0
June 121.5 661.1 68.3 7.6 858.5 7,110.5
July 131.1 910.9 61.1 6.5 1,109.7 9,227.5
August 172.2 1,076.8 67.1 7.2 1,323.3 11,031.5
September 136.5 1,194.0 66.6 10.4 1,407.6 11,675.3
October 163.7 1,170.7 95.4 22.5 1,452.4 12,118.9
November 152.9 1,136.8 126.3 39.4 1,455.4 12,117.6
December 232.0 1,336.0 130.1 45.4 1,743.5 14,457.1
------------ ------- -------- ----- ------ -------- ---------
Total 1,719.0 10,382.7 847.4 173.5 13,122.6 109,049.7
Structure, % 13.1 79.1 6.5 1.3 100.0 100.0
------------ ------- -------- ----- ------ -------- ---------
2007 1,714.1 10,156.6 853.6 55.3 12,779.5 104,269.8
Trend, % +0.3 +2.2 -0.7 +213.8 +2.7 4.6
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CS - corporate serial securities; GS - government securities; nego repo - repo transactions made by the "nego" method (with conclusion of opening and closing nego deals).
The table below shows the exchange (calculated) turnover (calculated on all satisfied repo opening and closing deals) in the mentioned exchange market sector in break down by month and sector and comparative data for 2007 (bn. KZT, if otherwise specified).
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Automatic "Nego" Exchange
repo repo (calculated) turnover
----------------- --------------- ---------------------
Month CS GS CS GS bn. KZT m. USD
--------- ------- -------- ------- ------ --------- ----------
January 293.2 1,390.9 115.3 13.1 1,812.5 15,056.5
February 256.5 964.0 84.0 14.4 1,318.9 10,959.1
March 262.9 990.0 67.8 12.9 1,333.6 11,053.4
April 226.3 1,405.0 91.7 16.6 1,739.7 14,439.7
May 183.3 1,102.4 103.5 11.3 1,400.6 11,616.2
June 223.0 1,293.7 141.0 11.5 1,669.2 13,826.1
July 259.3 1,817.6 113.5 17.2 2,207.6 18,356.5
August 334.9 2,122.6 121.6 13.9 2,593.1 21,615.4
September 282.2 2,385.3 133.2 17.4 2,818.1 23,426.0
October 325.6 2,363.4 180.1 41.5 2,910.6 24,286.5
November 301.5 2,243.1 255.7 74.2 2,874.6 23,934.2
December 472.9 2,602.9 261.5 89.2 3,426.5 28,412.4
--------- ------- -------- ------- ------ --------- ----------
Total 3,421.7 20,680.9 1,669.0 333.2 26,104.8 216,981.9
--------- ------- -------- ------- ------ --------- ----------
2007 3,421.3 20,364.3 1,759.0 155.1 25,699.8 209,752.6
Trend, % +0.01 +1.6 -5.1 +114.8 +1.6 3.4
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Showed in these tables data for some months may differ from previously published by KASE due to annulment of some deals by their parties.
We remind that from January 1, 2009, KASE moved to the new methodology of summarizing trade statistics for the reporting period, based on application of two indicators:
- the trades volume (the new indicator, reflecting the total gross volume of deals);
- the exchange (calculated) turnover (the traditional indicator, which has been published before under names "trades volume", "exchange turnover", "trade turnover", "deals total volume" and other similar by meaning definitions).
The mentioned indicators may differ on repo and currency swap transactions markets as each such transaction consists of two deals - opening and closing.
Trades volume of repo and currency swap transactions markets will include only opening deals (deals of currency swap transactions opening - given that such transactions are executed in the exchange market sector especially opened for this purpose). In other words the trades volume indicator will consider only amounts on repo and currency swap transactions.
When calculating the exchange(calculated) turnover KASE intends as previously to consider volumes (in KZT with further re-calculation into USD equivalent) of all repo and currency swap transactions deals closing; given this will be considered only those deals, which fall to the reporting period.
The mentioned changes are aimed at bringing of KASE statistical reporting in line with standards more frequently used in the world exchange activities practice. Results of KASE implemented researches show that exchanges more often use at publishing their statistics the trades volume.
During 2009 KASE plans to publish both mentioned indicators (in comparison with historical data), and from 2010 to move to publication of the trades volume only, indicating the exchange (calculated) turnover value only in specialized reports.
[2009-01-16]