EN
12 July 2025, 08:10
Go to old.kase.kz
English
Information/
Market and Company News
02.02.2009 22:27 #KASE news

FROM FEBRUARY 1, 2009 KASE CHANGED PARAMETERS OF SHARES, INFLUENCING ON VALUE OF KASE INDEX

/KASE, February 2, 09/ - From February 1, 2009, the Risk Committee of Kazakhstan Stock Exchange (KASE) determined new parameters of shares, included into the KASE index representative list - stake of free floating shares and the restrictive coefficient.

Below is represented the table, in which the new and acting till February 1 parameters of shares, influencing on KASE index are given.

-------------------------------------------------------------------------------
              Effective from February 1, 2009 Effective before February 1, 2009
        ------------- --------- ------------- ------------ -------- -----------
            Number of      free   Restrictive    Number of     free Restrictive
Share         offered     float   coefficient      offered    float coefficient
code           shares   (Fi), %          (Ri)       shares  (Fi), %        (Ri)
------- ------------- --------- ------------- ------------ -------- -----------
BTAS        8,370,625      27.5  1.0000000000    8,370,625     26.6   0.8007343
CCBN      144,480,531      33.1  0.9874756000  130,316,695     31.3   1.0000000
GB_KZMS   454,954,288      23.5  0.4955041000  535,240,338     31.2   0.4906251
HSBK      980,020,047      28.6  1.0000000000  984,016,660     28.9   1.0000000
KKGB      574,626,468      46.8  0.3142011000  574,838,474     46.8   0.4576706
KZTK       10,922,876      24.7  1.0000000000   10,922,876     24.7   1.0000000
RDGZ       70,220,935      38.6  0.0870108000   70,220,935     38.6   0.2102289
TEBN    excluded from the representative list   19,067,000     23.2   1.0000000
-------------------------------------------------------------------------------

In addition, by the mentioned decision of the Risk Committee from February 1, 2009, at calculation of KASE index will be used the new adjustment coefficient (K) value - 1.4670097. Before the mentioned date K equaled 1.0097936.

NOTES TO THE TABLE

KASE index - index of KASE shares market, which indicates the change of prices on deals in shares of the index representative list considering the capitalization level of their issuer and the number of free floating shares, Given this the unit weight of share price of each denomination in the index value can not exceed 15%. KASE index is calculated in the real-time mode after conclusions of each deal with shares of those denominations that are in the representative list for this index calculation. If no deals were made, which parameters are needed for KASE Index calculation, results of last effective trade session are used.

The Methodology of index calculation is regulated by KASE internal document "Methodology of Stock Market Indices Calculation" at see more

The index page is accessible at see more

Share code reflects: a security issuer code, traded on KASE (the first 4 symbols - common shares code) share category (if the fifth symbol - "p", preferred share);
shares issue serial number (if necessary, the sixth digital symbol). Codes of issuers: BTAS - BTA Bank; CCBN - Bank CenterCredit; GB_KZMS - KAZAKHMYS PLC; HSBK - Halyk Savings Bank of Kazakhstan; KKGB - Kazkommertsbank; KZTK - Kazakhtelecom; RDGZ - KazMunaiGas Exploration Production; TEBN - Subsidiary of Bank TuranAlem Temirbank.

Number of offered shares - the parameter, which is determined by KASE independently based on the data of the extract from shareholders registers system of the listed company or the company's information as the number of the listed company offered shares, excluding re-purchased shares. KASE considers at calculation of KASE index that value of the number of offered shares, which is confirmed by available on KASE documents.

Free float (Fi), % - parameter, which is determined by KASE as the number of shares, not belonging to the government, management of the issuer or shareholders, owning more than 5% from total amount of common shares of the given issuer, excluding shareholders, concerning which by Risk Committee of KASE was accepted the decision that given shareholders are not considered as strategic (institutional investors, nominal holders, executing the functions of settlements servicing, etc.).

Restrictive coefficient (Ri) - the parameter, limiting the stake of influence of each share on the index value up to 15%.

[2009-02-02]