/IRBIS, October 7, 2010/ - IRBIS Information Agency of Financial Markets
(Almaty) rated liquidity of listing companies shares traded on Kazakhstan
Stock Exchange (KASE) in September 2010.
The first 10 positions of the rating are given below. In August these shares
constituted for 76.8% 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
August July cator of deals, number of KASE successful
2010 2010 (Kl) m. KZT of deals members days
------- ------- --------- --------- ----------- --------- -------- -----------
1 1 RDGZp 3.00 4,823.2 564 28 22
2 3 KZTK 1.49 225.9 143 20 22
3 11 BTAS 1.48 16.8 137 23 18
4 6 GB_KZMS 1.47 305.3 120 23 18
5 4 HSBK 1.25 52.8 49 21 18
6 9 RDGZ 1.22 89.4 64 20 17
7 5 KKGB 1.20 53.0 69 18 19
8 2 CCBN 1.20 69.9 45 21 16
9 7 GB_ENRC 1.04 16.4 40 17 16
10 12 ZERD 0.83 2,050.7 35 8 12
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Newcomers' "liquidity dozens" in the period under review were BTAS and
ZERD, ousted BSUL (8th position in August) and SATC (10th position in
August), respectively. Recall that of Bayan Sulu on Aug. 18, 2010 placed on
the KASE 4,460,000 of its common shares KZ1C24120012 (BSUL)
amounting to KZT2.7 billion. It should be noted that 96.6% of the volume of
transactions made with common shares of JSC "Kazcat" (ZERD) in
September 2010, are "internal" nature.
The following table shows the top 10 rankings, based on the share trades at
KASE in the nine months of 2010. The share of the "dozens" of the total
turnover of the market shares of KASE totaled 67.5%. During this period the
open secondary market of KASE had deals with instruments 52 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 RDGZp 2.72 26,541.5 2,978 35 138
2 HSBK 1.86 2,260.3 1,257 39 167
3 KZTK 1.84 2,398.8 1,317 36 177
4 CCBN 1.83 2,715.5 996 42 158
5 GB_KZMS 1.55 1,414.6 899 33 154
6 KKGB 1.39 1,240.5 563 33 139
7 GB_ENRC 1.27 360.2 501 30 133
8 RDGZ 1.24 1,698.4 458 29 129
9 BTAS 1.22 56.7 353 35 93
10 KZTKp 1.04 424.6 257 27 106
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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.
[2010-10-07]