/IRBIS, November 2, 09/ - IRBIS Information Agency of Financial Markets
(Almaty) rated liquidity of listing companies shares traded on Kazakhstan
Stock Exchange (KASE) in October of 2009.
The first 10 positions of the rating are given below. In October these shares
constituted for 70.8 % of turnover of corresponding sector of exchange
market. Over the specified period, deals in shares of 30 denominations
have been made on KASE open secondary market.
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Liquidity indicator calculation base (Kl):
Posi Posi Liquidity ------------------------------------------
tion in tion in indi- volume number number of
Oct. Sept. Share cator of deals, number of KASE successful
2009 2009 symbol (Kl) m. KZT of deals members days
------- ------- ------- --------- ----------- --------- -------- -----------
1 5 HSBK 2.525 8,124.1 170 28 21
2 1 CCBN 2.519 904.6 306 27 22
3 8 RDGZ 2.25 8,256.1 128 24 21
4 4 GB_ENRC 2.07 155.1 183 27 22
5 6 GB_KZMS 2.06 243.4 201 25 22
6 7 KZTK 1.93 188.3 128 28 22
7 2 KKGB 1.86 183.6 143 26 20
8 3 BTAS 1.78 98.8 134 24 21
9 11 KZTKp 1.46 113.9 122 18 18
10 9 KKGBp 0.91 66.1 35 14 13
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Newcomers "tens of liquidity" in the period under review were KZTKp,
supplanted SATC (10th position in October 2009). Recall that 99.99% of
transactions made with the SATC, were "internal" nature.
The following table shows the first 10 rankings, based on the share trades at
the KASE for the first ten months of 2009. The proportion of the "dozens"
in the total turnover of the market shares KASE totaled 29.3%. During this
period, the open KASE secondary market transactions were the tools with
74 titles.
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Liquidity indicator calculation base (Kl):
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Volume of Number of Number of Number of
deals, deals KASE- successful
Position Share symbol Kl m. KZT members days
-------- ------------ ---- ---------- ---------- --------- ----------
1 RDGZ 2.93 27,213.4 2,284 48 185
2 HSBK 2.36 9,993.9 1,680 46 195
3 CCBN 2.10 4,429.8 1,571 42 182
4 BTAS 2.04 9,830.3 1,141 44 180
5 KZTK 1.85 1,871.9 1,035 43 185
6 GB_KZMS 1.78 2,283.7 1,144 37 185
7 KKGB 1.78 2,166.4 1,085 40 171
8 GB_ENRC 1.54 604.3 763 36 172
9 KZTKp 1.19 628.1 469 32 121
10 KKGBp 0.81 228.4 146 29 52
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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 and 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
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.
[2009-11-02]