/IRBIS, March 12, 2010/ - IRBIS Information Agency of Financial Markets
(Almaty) rated liquidity of listing companies shares traded on Kazakhstan
Stock Exchange (KASE) in February 2010.
The first 10 positions of the rating are given below. In October these shares
constituted for 93.8% of turnover of corresponding sector of exchange
market. Over the specified period, deals in shares of 25 denominations
have been made on KASE open secondary market.
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Liquidity indicator calculation base (Kl):
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Posi Posi Code of Liquidity
tion in tion in shares indi- volume number number of
Feb. Jan. cator of deals, number of KASE successful
2010 2010 (Kl) m. KZT of deals members days
------- ------- ---------------- --------- ----------- --------- -------- -----------
1 1 HSBK 2.80 274.6 166 26 18
2 3 KZTK 2.779 285.9 168 24 19
3 2 CCBN 2.777 360.7 150 25 18
4 4 GB_KZMS 2.42 127.6 138 25 18
5 5 KKGB 2.20 401.6 56 24 17
6 7 RDGZ 1.79 387.0 42 18 14
7 6 GB_ENRC 1.65 46.9 63 22 14
8 11 ZERD 1.19 9.5 41 16 12
9 8 KZTKp 1.15 46.8 38 13 14
10 9 BTAS 0.85 5.0 27 11 10
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Newcomers "tens of liquidity" in the period under review were ZERD,
supplanted KKGBp (10th position in January). It is noteworthy that 98.9% of
transactions made with the common shares of JSC "Kazcat" (ZERD) during
the period under review were "internal" in nature.
The following table shows the first 10 rankings, based on the share trades at
the KASE for the first two months of 2010. The proportion of the "dozens" in
the total turnover of the market shares KASE totaled 88.8%. During this
period, the open KASE secondary market transactions were the tools with
30 titles.
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Liquidity indicator calculation base (Kl):
------------------------------------------
Position Код акции Liquidity volume number number of
indi- of deals, number of KASE successful
cator m. KZT of deals members days
(Kl)
-------- --------- --------- ----------- --------- -------- -----------
1 HSBK 2.79 530.0 387 33 36
2 CCBN 2.67 641.9 299 34 36
3 KZTK 2.55 625.9 333 27 37
4 GB_KZMS 2.12 259.9 260 28 34
5 KKGB 1.99 786.6 106 27 31
6 GB_ENRC 1.72 111.2 159 28 31
7 RDGZ 1.49 508.6 86 21 24
8 KZTKp 1.21 114.0 75 20 26
9 BTAS 1.04 10.8 70 19 22
10 ZERD 0.90 34.6 56 17 17
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Notes to the table
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.
[2010-03-12]