KASE listed shares liquidity on secondary market in April and in first Five months of 2010
/IRBIS, June 2, 2010/ - IRBIS Information Agency of Financial Markets (Almaty) rated liquidity of listing companies shares traded on Kazakhstan Stock Exchange (KASE) in May 2010.
The first 10 positions of the rating are given below. In October these shares constituted for 72.6% of turnover of corresponding sector of exchange market. Over the specified period, deals in shares of 26 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
May Apr. cator of deals, number of KASE successful
2010 2010 (Kl) m. KZT of deals members days
------- ------- --------- --------- ----------- --------- -------- -----------
1 1 RDGZp 2.65 1,528.6 326 26 19
2 3 CCBN 2.18 652.1 196 29 18
3 2 HSBK 1.90 165.6 188 23 19
4 4 KZTK 1.79 210.1 144 25 17
5 5 GB_KZMS 1.72 224.5 128 23 19
6 9 RDGZ 1.46 353.7 95 20 16
7 7 KKGB 1.27 84.3 59 19 16
8 8 GB_ENRC 1.11 66.2 51 15 16
9 10 KZTKp 0.86 25.8 29 13 12
10 - RGBRp 0.57 3,000.0 4 1 1
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Newcomers of "liquid dozens" in the period under review were RGBRp that supplanted BTAS (6th position in April). Note that all transactions entered into with RGBRp in May 2010 on the secondary market, were "internal" nature. BTAS hold in the rating of the liquidity of the 11th position at the end of May.
The following table shows the top 10 rankings, based on the share trades at KASE in the first five months of 2010. The share of the "dozens" of the total turnover of the market shares of KASE totaled 64.9%. During this period the open secondary market of KASE had deals with
instruments 48 items.
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Liquidity indicator calculation base (Kl):
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Position Code of Liquidity volume number number of
shares Indicator (Kl) of deals, number of KASE successful
m. KZT of deals members days
-------- ------- -------------- ----------- --------- -------- -----------
1 HSBK 2.52 1,740.7 924 37 95
2 RDGZp 2.40 8,876.0 784 31 52
3 CCBN 2.39 1,668.8 751 40 92
4 KZTK 2.26 1,283.7 753 35 95
5 GB_KZMS 1.98 867.5 604 32 91
6 KKGB 1.61 1,058.9 321 32 76
7 GB_ENRC 1.53 274.7 341 29 80
8 RDGZ 1.39 1,061.4 276 27 68
9 KZTKp 1.25 306.3 200 25 75
10 BTAS 1.13 31.1 156 28 50
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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: see more in Russian and at see more 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 see more
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.
[2010-06-02]