REVIEW: KASE share market in April, 2010

07.05.10 19:48
/IRBIS, Mat 7, 2010/ - In April 2010, on the Kazakhstan Stock Exchange (KASE) on shares in all sectors recorded 1,307 deals worth KZT6,852.5 million or $46.7 million dollars at the current rate at the date of the transaction. This represents 35.5% of the monthly volume of transactions on the market corporate securities KASE (in March 2010 - 37.5%) and 0.2% of the total exchange monthly turnover (0.2%). As a result of April 2010 at the KASE increased average daily price of 20% of the names of shares (in February 2010 - 54%), decreased - 72% of names (42%), prices of 7% of the shares has not changed (4%). Maximum trends on monthly results demonstrated the following tools: TEBNp rose 66.67%, ATFB fell by 83.33%. In March 2010 RDGZp grew by 17834.7%, ZERD fell by 26.2%. On the London Stock Exchange (LSE) shares ENRC rose 5.4% (in March 2010 increased by 16.1%). Depositary Receipts Kazkommertsbank fell to 15.8% (17.0%), JSC "People's Savings Bank of Kazakhstan" - by 12.8% (+10.5%), KAZAKHMYS PLC - 6.2% ( 13.9%), JSC Exploration Production KazMunaiGas - by 0.1% (+2.2%). Below are tables describing the stock market KASE in April 2010, more than enough. Table 1. Statistical characteristics of KASE share market in April 2010 ----------------------------------------------------------------------- Trend to --------------------- Indicator April 2010 March 2010 April 2009 -------------------------------------- ---------- ---------- ---------- Trade volume, th. USD 46,723.0 -1.7% 3.7 times Trade volume, m. KZT 6,852.5 -2.1% 3.8 times including, on offerings, th. USD - - - including, on offerings, m. KZT - - - Deals 1,307 +28.9% -12.2% Instruments in deals 29 +7.4% -32.6% Daily average of deals 59 +11.3% -12.2% Daily average volume of deals, th. USD 2,123.8 -15.1% 2.8 times Daily average volume of deals, m. KZT 311.5 -15.4% 2.8 times Stake of nego deals (number), % 0.9 +0.6 pp -1.4 pp Stake of nego deals (volume), % 2.5 +2.4 pp -31.8 pp Pension assets, % gross 16.5 +14.2 pp +7.3 pp Individuals, % gross 40.0 +11.7 pp +13.6 pp Non-residents, % gross 8.6 -17.7 pp -10.7 pp KASE members, concluded deals 41 +2.5% -12.8% Market concentration, % 32.9 -32.1 pp -25.3 pp ----------------------------------------------------------------------- * indicates the percentage of the total turnover of shares, which accounts for most traded securities (their number is 5% of the total number of titles of shares involved in the transaction). Tab. 2. Industrial characteristics of KASE share market* ----------------------------------------------------------------- Stake of total volume of market (%): ------------ ----------- ----------- Industry April 2010 March 2010 April 2009 ---------------------------- ------------ ----------- ----------- Finance 72.3 69.0 29.6 Power energy 12.1 0.9 0.4 Discretional consumer sector 8.9 17.3 11.9 Raw material sector 3.7 5.2 2.8 Telecommunications services 3.0 7.4 44.6 Main consumer sector 0.04 0.1 5.7 Information technologies 0.003 0.01 0.002 Public services 0.002 - - Industry - - 4.2 Public health - - 0.7 ----------------------------------------------------------------- * Industrial Classification turnover structure prepared in accordance with rubricator Global lndustry Classification Standard (GICS) Standart and Poor's Tab. 3. KASE index dynamics in various periods at the moment of trade close as on April 30, 2010 (basis actual/365) ------------------------------------------- Trend in: --------------- Period % % APR --------------------------- ------- ------- For preceding 30 days - 4.3 - 52.5 Since the beginning of 2008 + 2.1 + 6.3 For last 365 days (year) + 100.5 + 100.5 In 2007 + 95.7 + 95.7 Form the beginning of 2007 - 31.6 - 13.6 ------------------------------------------- Tab. 4. Main indicators of exchange purchase and sale share market in April 2010 ---------------------------------------------------------------- Market Volume of Volume of capitalization, deals, deals, Number Date m. USD KASE index th. USD m. KZT of deals -------- --------------- ---------- --------- --------- -------- 31.03.10 63,297.2 1,886.11 1,098.7 161.5 56 01.04.10 64,127.7 1,911.51 1,022.6 150.4 41 02.04.10 64,230.2 1,904.86 328.9 48.3 38 05.04.10 63,868.9 1,893.57 491.4 72.2 31 06.04.10 65,172.9 1,924.80 911.4 133.9 70 07.04.10 65,612.3 1,908.50 1,041.6 153.0 75 08.04.10 65,040.4 1,880.75 550.5 80.8 32 09.04.10 64,800.5 1,880.27 10,728.4 1,574.8 113 12.04.10 65,056.0 1,878.52 805.3 118.2 48 13.04.10 64,532.0 1,858.69 1,763.0 258.6 56 14.04.10 64,963.4 1,887.28 1,470.9 215.7 47 15.04.10 65,564.0 1,904.36 728.2 106.7 64 16.04.10 65,286.2 1,884.64 1,041.1 152.5 56 19.04.10 64,364.2 1,858.79 2,197.5 322.2 63 20.04.10 64,161.3 1,850.60 1,554.1 228.0 57 21.04.10 64,598.0 1,848.37 6,689.5 979.7 62 22.04.10 64,477.4 1,843.48 10,244.9 1,502.2 65 23.04.10 63,091.9 1,817.81 603.6 88.4 53 26.04.10 63,990.2 1,820.74 1,315.0 192.7 69 27.04.10 64,064.4 1,814.69 766.0 112.2 68 28.04.10 63,463.8 1,801.93 1,089.5 159.7 88 29.04.10 63,197.1 1,805.85 603.3 88.5 48 30.04.10 64,053.6 1,804.70 776.4 113.7 63 -------- --------------- ---------- --------- --------- -------- Trend 756.4 -81.4 % +1.2 -4.3 ---------------------------------------------------------------- Tab. 5. Changes in shares tradable on KASE in April 2010 ------------------------------------------- Shares: Issuers: Admission ----------- ----------- category Numb. trend Numb. trend ------------------- ----- ----- ----- ----- First 19 0 13 0 ------------------- ----- ----- ----- ----- Second 33 -1 23 -2 Third 47 +2 41 +1 Investment funds` 2 0 2 0 securities Unlisted securities 7 -2 6 -1 ------------------- ----- ----- ----- ----- Total 108 -1 80 -1 ------------------------------------------- Tab. 6. Results of trades in shares on KASE in April 2010 (according to data on deals, concluded on the secondary market by open trade method) --------------------------------------------------------------------------------- Price, tenge per share: -------------------------------------------------------- Volume Number by last deal for last 365 days Share --------------------------------- of deals, of symbol min. max. price trend% min max th. USD deals ------- --------- --------- --------- ------ --------- --------- --------- ------ ATFB 4000.00 5300.00 4000.00 4000.00 5300.00 4.7 2 BTAS 701.00 1300.00 701.00 -34.5 701.00 4900.00 101.8 60 CCBN 650.00 760.00 652.00 -13.0 268.00 955.00 1,600.3 156 CHFM 1000.00 1010.00 1010.00 880.00 1950.00 0.8 6 CSBNp 1232.05 1437.00 1232.05 1111.93 1676.02 115.7 4 GB_ENRC 2600.00 2800.00 2800.00 +8.3 1342.00 2800.00 129.3 42 GB_KZMS 3150.00 3600.00 3220.00 -3.4 1160.00 3652.00 1,254.2 85 HSBK 330.00 395.00 355.00 -9.0 106.00 400.00 909.7 190 HSBKp 168.40 173.04 168.40 109.10 180.00 60.6 9 KKGB 590.00 700.00 610.00 -11.6 275.00 740.00 360.1 50 KKGBp 259.99 296.00 260.00 -3.5 94.00 341.00 63.2 8 KMSO 5100.00 8800.00 6100.00 -38.4 4000.00 9900.00 2.4 4 KZTK 15500.00 17000.00 15600.00 -7.1 13000.00 23000.00 1,192.0 120 KZTKp 6600.00 7851.00 6600.00 -15.7 5000.00 9900.00 529.7 52 MREK 910.00 910.00 910.00 -5.2 910.00 2400.00 1.6 3 NFBN 2000.00 2000.00 2000.00 1800.00 2000.00 93.5 4 NRBN 18000.01 18000.01 18000.01 18000.00 18000.01 0.1 1 RAHT 1100.00 1100.00 1100.00 -8.3 1100.00 1800.00 18.2 2 RDGZ 21600.01 22500.00 22000.00 +1.4 15001.00 24300.00 722.0 44 RDGZp 18300.00 21988.89 18300.00 -7.0 16850.00 21988.89 17,813.8 341 SATC 71.00 72.00 71.00 70.80 78.10 15,351.9 8 TEBNp 300.00 500.00 500.00 300.00 500.00 121.8 8 TMLZ 1573.00 1573.00 1573.00 1573.00 1573.00 0.2 1 TSBN 940.00 941.00 941.00 +0.1 660.00 1155.55 161.2 2 UTMKp 4500.00 4500.00 4500.00 +0.01 4400.00 5500.00 0.5 1 VSTN 190000.00 243000.00 190000.00 190000.00 348000.00 252.4 8 ZERD 0.80 1.40 0.80 -44.4 0.80 7.20 477.7 38 ZERDp 5.51 5.55 5.55 0 3.95 5.55 4,209.0 46 ------- --------- --------- --------- ------ --------- --------- --------- ------ 29 45,548.3 1,295 --------------------------------------------------------------------------------- Notes: The table provides data on the shares, in which the deals were concluded by one of the open trade methods. Trends (change in %) are provided in relation to the last deal of the preceding month (Mar - 31, 2010). Trend is not computed, if there were no deals in the preceding month. Tab. 7 Top 10 most liquid shares of KASE in April 2010, including STF RFCA ------------------------------------------------------------------------- Liquidity indicator calculation base (Kl): ------------------------------------------ Rank --------- volume number number Apr. Mar. Share Liquidity of deals, number of KASE resultant 2010 2010 symbol indicator Kl m. KZT of deals members days ---- ---- ------- ------------ ----------- ---------- -------- ---------- 1 4 RDGZp 2.96 2 613.9 341 27 22 2 1 HSBK 2.08 133.5 190 28 22 3 5 CCBN 1.96 234.5 156 28 20 4 2 KZTK 1.74 174.8 120 24 22 5 3 GB_KZMS 1.44 184.2 85 19 21 6 11 BTAS 1.26 14.9 60 20 16 7 7 KKGB 1.22 52.8 50 21 14 8 6 GB_ENRC 1.20 19.0 42 20 16 9 8 RDGZ 1.195 105.8 44 21 13 10 9 KZTKp 1.193 77.7 52 16 20 ------------------------------------------------------------------------- Notes: For calculation of Kl only data on deals concluded in KASE secondary market sector by one of the open trade methods are accounted. The methodology of calculation of this indicator is available in the corresponding section of the document, released at http://www.kase.kz/mix/rsp.pdf in Russian and at http://www.kase.kz/eng/mix/rsp.pdf in English. Tab. 8. Top 10 most capitalized listing companies of KASE, shares of which were listed on the official list of securities of the Exchange (as on the moment of trades close on the indicated dates) ------------------------------------------------------------------------------- As on 30.04.2010: As on 31.03.2010: Trend: ---------------------- ---------------------- --------------- Short or capitali- company capitali- company capitali- contraction name zation stake zation stake zation stake of company rank m. USD % rank m. USD % m. USD pp ----------------- ---- --------- ------- ---- --------- ------- --------- ----- ENRC PLC 1 24,529.5 38.30 1 22,598.9 35.70 +1,930.6 +2.59 KAZAKHMYS PLС 2 12,055.7 18.82 2 12,137.4 19.18 -81.7 -0.35 РД КазМунайГаз 3 10,533.5 16.44 3 10,405.6 16.44 +127.9 +0.01 Халык банк 4 3,587.1 5.60 4 3,919.3 6.19 -332.2 -0.59 Казкоммерцбанк 5 3,496.3 5.46 5 3,907.6 6.17 -411.2 -0.71 Мангистаумунайгаз 6 2,686.9 4.19 6 2,676.9 4.23 +10.1 -0.03 Казахтелеком 7 1,210.3 1.89 8 1,311.2 2.07 -100.9 -0.18 АТФБанк 8 1,049.5 1.64 7 1,358.3 2.15 -308.8 -0.51 Банк ЦентрКредит 9 726.0 1.13 9 724.5 1.14 +1.5 -0.01 SAT & Company 10 533.1 0.83 10 561.0 0.89 -27.9 -0.05 ------------------------------------------------------------------------------- Notes: The company stake, % - an indicator, received by cutting off market capitalization of the company to total capitalization of exchange market share of official list of securities of KASE and expressed in percent. As on the market close April 30, 2010 this indicator made USD64,053.5 m. 99 shares of 72 issuers were listed on the official list of KASE. [2010-05-07]