In six months of 2009 trades volume on KASE, including STF RFCA increased by 12.4 % and made up KZT11.3 trln ($79.5 bn) at turnover - KZT18.0 trln ($126.7 bn)
02.07.09 17:13
/KASE, 02.07.09/ - In initial six months of 2009 trades volume on Kazakhstan
Stock Exchange (KASE) in all market sector, including the Special Trading Floor
of the Regional Financial Center of Almaty (STF RFCA), made up KZT11,285.3
bn (USD79,495.6 m) and increased relative to the corresponding period of 2008
by 12.4 % (decreased by 4.6 % in USD).
KASE exchange (calculated) turnover made up in the reporting period
KZT18.043/4 bn (USD126,724.7 m) and increased relative to the corresponding
period of 2008 by 22.9 % (by 4.0 % in USD).
In comparison with the previous five months period (July-December of 2008) the
trades volume decreased by 47.8 % (by 55.8 % in USD); the exchange
(calculated) turnover decreased by 39.8 % (49.2 % in USD).
The table below shows the trades volume (calculated by amounts raised) for
initial 6 months of 2009 by market sector and comparison with indicators of the
same period of 2008.
--------------------------------------------------------------------------------
I-VI, 2009 I-VI, 2008 Trend
----------------- ----------------- ---------------
--------- ------- --------- ------- --------- -----
Market trades struc- trades struc- measuring in %
sector volume ture, % volume ture, % currency
---------------------------- --------- ------- --------- ------- --------- -----
bn KZT
---------------------------- --------- ------- --------- ------- --------- -----
Foreign currency 4,472.3 39.6 4,675.1 46.6 -202.9 -4.3
including:
spot-market 3,805.5 33.7 4,675.1 46.6 -869.7 -18.6
swap-market 666.8 5.9 н/т X X X
at exchange turnover 1,333.7 X X X X X
---------------------------- --------- ------- --------- ------- --------- -----
Kazakhstan GS 514.1 4.6 370.2 3.7 +143.9 +38.9
including:
primary market 264.7 2.3 191.9 1.9 +72.8 +38.0
secondary market 249.4 2.2 178.3 1.8 +71.0 +39.8
---------------------------- --------- ------- --------- ------- --------- -----
Shares 142.8 1.3 217.6 2.2 -74.8 -34.4
including STF RFCA 33.4 0.3 35.1 0.3 -1.7 -4.8
---------------------------- --------- ------- --------- ------- --------- -----
Unit Investment Funds shares 0.1 <0.1 н/т X X X
including STF RFCA 0.1 <0.1 X X X X
---------------------------- --------- ------- --------- ------- --------- -----
Corporate debt securities 226.6 2.0 145.3 1.4 +81.3 +55.9
including STF RFCA 5.2 <0.1 19.8 0.2 -14.6 -73.5
---------------------------- --------- ------- --------- ------- --------- -----
Repo transactions 5,929.5 52.5 4,632.8 46.1 +1,296.7 +28.0
at exchange turnover 12,020.7 X 9,274.7 X +2,746.1 +29.6
including:
"nego" repo on GS 50.9 0.5 42.3 0.4 +8.6 +20.3
at exchange turnover 108.0 X 80.0 X +27.9 +34.9
autorepo on GS 4,775.4 42.3 3,557.4 35.4 +1,218.0 +34.2
at exchange turnover 9,662.7 X 7,146.0 X +2,516.8 +35.2
"nego" repo on CS 587.0 5.2 302.6 3.0 +284.5 +94.0
at exchange turnover 1,150.0 X 603.4 X +546.6 +90.6
autorepo on CS 516.2 4.6 730.6 7.3 -214.4 -29.3
at exchange turnover 1,100.0 X 1,445.3 X -345.3 -23.9
---------------------------- --------- ------- --------- ------- --------- -----
TOTAL trades volume 11,285.3 100.0 10,041.0 100.0 +1,244.2 +12.4
including on STF RFCA 38.7 0.3 54.9 0.5 -16.2 -29.4
at exchange turnover 18,043.4 Х 14,682.9 X +3,360.6 +22.9
---------------------------- --------- ------- --------- ------- --------- -----
m USD , , , , , ,
---------------------------- --------- ------- --------- ------- --------- -----
Foreign currency 31,715.5 39.6 38,783.2 46.6 -7,067.7 -18.2
including:
spot-market 27,266.7 33.7 38,783.2 46.6 -11,516.5 -29.7
swap-market 4,448.8 5.9 н/т X X X
at exchange turnover 8,897.6 X X X X X
---------------------------- --------- ------- --------- ------- --------- -----
Kazakhstan GS 3,488.7 4.6 3,073.0 3.7 +415.8 +13.5
including:
primary market 1,773.4 2.3 1,592.8 1.9 +180.7 +11.3
secondary market 1,715.3 2.2 1,480.2 1.8 +235.1 +15.9
---------------------------- --------- ------- --------- ------- --------- -----
Shares 983.7 1.3 1,805.1 2.2 -821.3 -45.5
including STF RFCA 228.7 0.3 290.9 0.3 -62.2 -21.4
---------------------------- --------- ------- --------- ------- --------- -----
Unit Investment Funds shares 0.7 <0.1 н/т X X X
including STF RFCA 0.7 <0.1 X X X X
---------------------------- --------- ------- --------- ------- --------- -----
Corporate debt securities 1,576.5 2.0 1,205.6 1.4 +370.9 +30.8
including STF RFCA 35.1 <0.1 164.3 0.2 -129.3 -78.7
---------------------------- --------- ------- --------- ------- --------- -----
Repo transactions 41,730.5 52.5 38,438.5 46.1 +3,292.0 +8.6
at exchange turnover 84,510.8 X 76,953.1 X +7,557.7 +9.8
including:
"nego" repo on GS 347.1 0.5 351.1 0.4 -3.9 -1.1
at exchange turnover 742.0 X 664.2 X +77.8 +11.7
autorepo on GS 33,639.3 42.3 29,516.3 35.4 +4,122.9 +14.0
at exchange turnover 67,981.1 X 59,291.4 X +8,689.7 +14.7
"nego" repo on CS 4,061.3 5.2 2,509.0 3.0 +1,552.3 +61.9
at exchange turnover 7,970.5 X 5,004.4 X +2,966.1 +59.3
autorepo on CS 3,682.8 4.6 6,062.1 7.3 -2,379.3 -39.2
at exchange turnover 7,817.2 X 11,993.1 X -4,175.9 -34.8
---------------------------- --------- ------- --------- ------- --------- -----
TOTAL trades volume 79,495.6 100.0 83,305.2 100.0 -3,809.6 -4.6
including on STF RFCA 264.5 0.3 455.3 0.5 -190.7 -41.9
at exchange turnover 126,724.7 Х 121,819.9 X +4,904.9 +4.0
--------------------------------------------------------------------------------
Notes to table: GS - government serial securities; CS - corporate serial
securities; corporate bonds - corporate serial debt securities; Equities - equity
securities certifying the right of its holder for a certain share in the property;
"direct" repo - repo transactions carried out by "direct" method (with conclusion
of direct opening and closing repo deals); auto repo - repo transactions carried
out automatically; 'n/t' - no trade held. Currency swap transactions and repo
exchange additionally provides (calculated) turnover (calculated based on all
executed opening and closing deals), which is not accounted for in indicator
"TOTAL trade volume", in aggregate indicator for exchange market sector and in
indicator "including". Trade volume and exchange (calculated) turnovers are
calculated on all executed exchange deals, concluded by any possible KASE trade
method. Information on securities (bonds) of IFO, FGS, notes and futures is not
provided due to absence of deals in such instruments in the compared periods.
KASE reminds that from January 1, 2009, KASE moved to the new methodology
of summarizing 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 under names "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.
[2009-07-02]