In 6 months of 2009 repo transaction market trade volume grows 28 %, reaches KZT5.9 trln (USD41.7 bn) at KZT12.0 trln (USD84.5 bn) turnover

/KASE, July 1, 09/ - In the six months of 2009 repo transaction market turnover on Kazakhstan Stock Exchange (KASE) reached KZT5,929.5 bn (USD41,730.5 m) and grew against the same period of 2008 by 28.0 % (8.6 % in dollar terms). The trade volume declined 30.2 % (41.0 % in dollar terms) against the preceding six month period (July-December 2008). The table below indicates trade volume (calculated based on attracted sums) in the indicated exchange market sector in 2009 with breakdown on months and sectors, and comparable data of 2008 (bn tenge, unless specified otherwise). -------------------------------------------------------------- Automatic repo Nego repo Trade volume Year, --------------- ------------ ----------------- month CS GS CS GS bn KZT m USD ------------ ------ ------- ----- ----- ------- -------- 2009, I 143.1 1,056.3 88.6 5.1 1,293.0 10,659.2 2009, II 119.1 988.2 132.0 4.8 1,244.2 8,535.7 2009, III 78.0 738.6 40.5 2.0 859.1 5,699.1 2009, IV 87.3 727.2 120.8 14.4 949.7 6,303.2 2009, V 65.4 559.0 148.8 9.4 782.5 5,205.7 2009, VI 23.3 706.1 56.4 15.2 800.9 5,327.6 ------------ ------ ------- ----- ----- ------- -------- Total 516.2 4,775.4 587.0 50.9 5,929.5 41,730.5 structure, % 8.7 80.5 9.9 0.9 100.0 100.0 ------------ ------ ------- ----- ----- ------- -------- 2008, I-VI 730.6 3,557.4 302.6 42.3 4,632.8 38,439.6 trend, % -29.34 +34.2 +94.0 +20.3 +28.0 +8.6 -------------------------------------------------------------- CS - corporate serial securities; GS - government serial securities; nego repo - repo transactions carried out at direct method (concluding nego opening and closing deals). The table below provides exchange (calculated) turnover (calculated based on all executed opening and closing repo deals) in the indicated exchange market sector in 2009 with breakdown on months and sectors, and comparable data of 2008 (bn tenge, unless specified otherwise). ------------------------------------------------------------------- Exchange Automatic repo Nego repo (calculated) turnover Year, ---------------- -------------- --------------------- month CS GS CS GS bn KZT m USD ---------- ------- ------- ------- ----- ---------- --------- 2009, I 288.4 2,117.2 182.5 14.2 2,602.4 21,453.8 2009, II 277.0 2,036.6 256.0 9.0 2,578.7 17,619.1 2009, III 170.4 1,515.7 91.5 5.3 1,783.0 11,829.2 2009, IV 171.2 1,465.2 219.1 24.3 1,879.8 12,475.9 2009, V 146.2 1,129.3 288.9 21.9 1,586.3 10,552.5 2009, VI 46.9 1,398.7 111.9 33.2 1,590.6 10,580.3 ---------- ------- ------- ------- ----- ---------- --------- Total 1,100.0 9,662.7 1,150.0 108.0 12,020.7 84,510.8 ---------- ------- ------- ------- ----- ---------- --------- 2008, I-VI 1,445.3 7,146.0 603.4 80.0 9,274.7 76,954.3 trend, % -23.9 +35.2 +90.6 +34.9 +29.6 +9.8 ------------------------------------------------------------------- The data on individual months in the tables above may differ from those released by KASE due to cancellation of some deals by respective parties. KASE reminds that from January 1, 2009, KASE switched to a new methodology of consolidated trading statistics for the reported period based on application of the two indicators: - trade volume (this is a new indicator showing total gross volume of deals); - exchange (calculated) turnover (this is a traditional indicator which was released earlier as "volume of trades", "exchange turnover", "trades volume", "total volume of deals" and other similar in meaning names). The indicators may be distinguished on repo transactions market and currency swap transactions market, as each of such transactions are comprised of two deals - opening and closing deals. The volume of trades on repo transactions market and currency swap transactions market shall comprise only opening deals (currency swap transactions opening deals - provided such transactions are carries out in the exchange market sector specifically launched for such purposes). That is an indicator of trade volume currently shall account only sums attracted on repo transactions and currency swap transactions. The exchange (calculated) KASE turnover, as earlier, counts volumes (in tenge with subsequent recalculation in dollar equivalent) of all executed repo transactions closing deals and currency swap transactions closing deals; at that only deals falling on to the reporting period shall be accounted for. The purpose of described changes is bringing KASE statistical reports in line with the standards mostly used in the world exchange practice. Results of the researches made by KASE show exchanges use the indicator of volume of trades when publishing statistics. In 2009 KASE is planning to publish both of the indicators (in comparison with existing historical date), and beginning 2010 shall release only volume of trades indicating the value of exchange (calculated) turnover in specialized reports only. [2009-07-01]