REVIEW: KASE share market in December, 2010

17.01.11 18:52
/IRBIS, January 17, 2017/ - In December 2010, on the Kazakhstan Stock Exchange (KASE) on shares in all sectors recorded 1,302 deals worth KZT5,687.0 million or $38.6 million dollars at the current rate at the date of the transaction. This represents 11.6% of the monthly volume of transactions on the market corporate securities KASE (in November 2010 - 35.1%) and 0.2% of the total exchange monthly turnover (0.3%). December 15, 2010 in the trade system of KASE trades completed the state package of shares (SBS) Bank CenterCredit (Almaty), consisting of 5,500 common shares KZ1C36280010 (0,002% of the total outstanding shares) of Bank CenterCredit. As the initiator of Trade acted Department of Finance, Almaty, authorized the broker to sell SBS - JSC "Unicorn IFC" (Almaty). In the auction, in addition to the seller, took one member of KASE, which for all the trades submitted a bid for SBS. During the period from November 18 to December 15, the seller reduced the price offers 590.00 to 585.38 KZT per share. The deal was concluded on 15 December, when the KASE trading system was filed by the buyer at a price of 585.38 KZT per share. The deal amounted to 3,219,590.00 KZT (equivalent to 21,839.57 U.S. dollar exchange rate of tenge to the dollar on December 15). As a result of December 2010 at the KASE increased average daily price of 62% of items of stock (in November 2010 - 41%), decreased - 15% of names (36%), prices of 15% of shares have not changed (18%), 8% of the shares traded first (5%). Maximum trends for the month showed the following tools: CHFM increased by 54.5%, BTAS fell by 21.6%. In November 2010, the maximum trends showed RDGZp (+14.0%) and ATFB (-57.1%). On the London Stock Exchange (LSE) equity securities of Kazakhstan companies have demonstrated in the month following results: ENRC shares rose by 19,9% (in November 2010 increased by 0.9%), KAZAKHMYS PLC - 16,5% (+5.3%), the GDR Halyk Savings Bank of Kazakhstan - 3.7% (4.2%), JSC "KazMunaiGas" - 3.3 (11.6%), Kazkommertsbank- 0.8. Below are tables describing the stock market KASE more than enough in December 2010. Table 1. Statistical characteristics of KASE share market in December 2010 -------------------------------------------------------------------------------- Trend to --------------------------- Indicator December 2010 November 2010 December 2009 -------------------------------------- ------------- ------------- ------------- Trade volume, th. USD 38,598.1 -50.1% 5.2 times Trade volume, m. KZT 5,687.0 -50.1% 5.2 times Deals 1,302 -29.1% -1.5% Instruments in deals 26 +13.0% -25.7% Daily average of deals 62 -29.2% -1.5% Daily average volume of deals, th. USD 1,837.0 -50.1% 5.2 times Daily average volume of deals, m. KZT 270.7 -50.2% 5.2 times Stock of direct deals (number), % 0.8 +0.5 pp +0.8 pp Stock of direct deals (volume), % 2.6 +1.7 pp +2.6 pp Pension assets, % gross 0.4 -3.2 pp -0.6 pp Individuals, % gross 54.5 +16.9 pp +4.9 pp Non-residents, % gross 17.7 -0.9 pp -28.7 pp KASE members, concluded deals 38 0 -11.6% Market concentration, % 28.0 -27.3 pp -65.5 pp -------------------------------------------------------------------------------- * indicates the percentage of the total turDecer 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* ------------------------------------------------------------------- Stock of total volume of market (%): ------------- ---------- ------------- Industry December 2010 Sept. 2010 December 2009 ---------------------------- ------------- ---------- ------------- Power energy 30.7 75.8 0.3 Discretional consumer sector 20.1 0.8 91.1 Finance 19.1 14.5 5.6 Raw material sector 15.0 2.0 0.3 Telecommunications services 13.2 6.8 2.0 Industry 1.1 0.1 0.5 Main consumer sector 0.6 0.0003 - Public services 0.1 - 0.03 Public health 0.02 - 0.01 Information technologies - - 0.1 ------------------------------------------------------------------- * Industrial Classification turover 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 December 29, 2010 (basis actual/365) --------------------------------------- Trend in: ----------- Period % % APR --------------------------- ----- ----- For preceding 30 days +6.9 +83.5 Since the beginning of 2010 -2.8 -2.8 For last 365 days (year) +95.7 +95.7 In 2009 -34.8 -11.6 Form the beginning of 2009 +6.9 +83.5 --------------------------------------- Tab. 4. Main indicators of exchange purchase and sale share market in December 2010 ---------------------------------------------------------------- Market Volume of Volume of capitalization, deals, deals, Number Date m. USD KASE index th. USD m. KZT of deals -------- --------------- ---------- --------- --------- -------- 30.11.10 55,081.1 1,600.50 44,917.0 6,628.9 351 01.12.10 55,379.6 1,607.79 575.7 85.0 55 02.12.10 56,343.9 1,644.87 999.2 147.6 59 03.12.10 57,194.0 1,651.93 567.7 83.8 59 06.12.10 56,679.4 1,629.64 582.4 85.9 47 07.12.10 57,537.0 1,660.85 1,175.7 173.4 90 08.12.10 57,162.5 1,640.42 1,219.1 179.7 53 09.12.10 58,206.4 1,679.35 1,154.1 170.1 98 10.12.10 58,728.9 1,682.82 813.8 120.0 44 13.12.10 59,057.6 1,680.12 746.4 109.9 54 14.12.10 59,081.0 1,689.09 2,129.2 313.7 74 15.12.10 59,137.4 1,677.16 898.7 132.5 72 20.12.10 58,911.5 1,675.26 1,516.3 223.4 48 21.12.10 58,560.8 1,677.63 2,112.5 311.1 62 22.12.10 59,088.6 1,682.18 3,478.3 512.0 40 23.12.10 60,080.9 1,695.63 3,025.9 445.2 90 24.12.10 59,634.4 1,698.49 4,707.4 692.6 67 27.12.10 59,795.8 1,701.18 3,365.8 496.1 53 28.12.10 59,758.6 1,698.24 3,461.1 510.2 55 29.12.10 59,738.0 1,700.89 1,325.2 195.4 62 30.12.10 60,276.5 1,708.18 3,884.8 572.6 60 31.12.10 60,742.0 1,718.09 836.8 123.4 59 -------- --------------- ---------- --------- --------- -------- Trend 5,660.9 117.6 % +10.3 +7.3 ---------------------------------------------------------------- Tab. 5. Changes in shares tradable on KASE in December 2010 ------------------------------------------- Shares: Issuers: Admission ----- ----- ----- ----- category Numb. trend Numb. trend ------------------- ----- ----- ----- ----- First 16 -1 10 -1 ------------------- ----- ----- ----- ----- Second 20 -2 15 -2 Third 55 -2 45 -2 Investment funds` 2 0 2 0 securities Unlisted securities 11 -2 8 -1 ------------------- ----- ----- ----- ----- Total 104 -7 75 -6 ------------------------------------------- Tab. 6. Results of trades in shares on KASE in December 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 by last deal last 365 days --------------- ------------- Share ---- -------- of deals, of symbol min. max. price trend% min max th. USD deals ------- -------- -------- -------- ------ ---- -------- --------- -------- BSUL 630.00 630.00 630.00 0 , 200.00 630.00 435.5 BTAS 5.00 7.45 5.50 -21.4 , 5.00 2000.00 260.9 CCBN 561.00 600.00 585.00 0 , 515.00 817.00 5,007.4 CHFM 1560.00 1560.00 1560.00 , 1000.00 1950.00 51.8 GB_ENRC 2101.00 2400.00 2400.00 +14.3 , 1800.00 2800.00 204.2 GB_KZMS 3200.00 3699.00 3650.00 +14.8 , 2155.00 3800.00 1,006.3 HSBK 346.00 380.00 370.00 +5.7 , 250.00 400.00 617.1 KASE 3838.00 3884.00 3884.00 +2.2 , 3750.00 6000.00 161.0 KAZIp 355.00 390.00 370.00 0 , 212.00 390.00 230.5 KKGB 420.00 445.00 442.00 +1.1 , 356.00 707.00 85.1 KKGBp 210.00 210.00 210.00 -2.3 , 195.00 308.00 0.0 KZTC 2510.00 2620.00 2620.00 , 2300.00 3025.00 1,066.7 KZTK 16500.00 18980.00 18800.00 +9.3 , 11800.00 19800.00 3,602.5 KZTKp 8000.00 9130.00 9100.00 +12.3 , 6000.00 9130.00 413.0 MMGZp 5330.00 5500.00 5330.00 , 3593.35 5500.00 2.4 MREK 1100.00 1100.00 1100.00 , 910.00 1430.00 6.7 PAIN 13000.00 13000.00 13000.00 , 10526.00 13000.00 67.7 RDGZ 17000.00 17875.00 17700.00 +4.1 , 15155.01 24300.00 749.6 RDGZp 16200.00 17400.00 17400.00 +3.6 , 10800.00 21988.89 10,774.3 SATC 71.00 71.08 71.06 -0.03 , 70.00 75.00 240.1 SHUK 30000.00 30000.00 30000.00 , 30000.00 30000.00 61.1 TKUDp 9.01 9.01 9.01 , 9.01 9.01 4,587.8 TSBN 865.00 908.00 865.00 0 , 865.00 980.00 163.9 UTMKp 4400.00 5399.00 5399.00 , 4000.00 5399.00 7.5 ZERD 1.31 1.69 1.64 +2.5 , 0.67 6.70 5,678.2 ZERDp 4.60 5.72 5.71 +5.7 , 4.60 5.72 2,089.7 ------- -------- -------- -------- ------ ---- -------- --------- -------- 26 37,571.2 -------------------------------------------------------------------------- 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 (November 1 - 30, 2010). Trend is not computed. if there were no deals in the preceding month. Tab. 7 Top 10 most liquid shares of KASE in December 2010 including STF RFCA ----------------------------------------------------------------------------- Liquidity indicator calculation base (Kl): ------------------------------------------ Rank ------------- volume number number December Apr. Share Liquidity of deals. number of KASE resultant 2010 2010 symbol indicator Kl m. KZT of deals members days -------- ---- ------- ------------ ----------- ---------- -------- ---------- 1 1 RDGZp 2.96 1,587.8 353 26 21 2 5 KZTK 2.14 530.8 179 26 21 3 4 CCBN 2.13 737.8 148 27 20 4 2 BTAS 1.66 38.5 131 21 21 5 3 HSBK 1.57 91.0 85 23 19 6 6 GB_KZMS 1.38 148.3 73 20 16 7 7 GB_ENRC 1.15 30.1 46 17 16 8 9 KKGB 1.07 12.5 44 15 16 9 8 RDGZ 1.06 110.5 42 16 13 10 11 KZTKp 1.05 60.9 44 16 13 ----------------------------------------------------------------------------- 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 30.11.2010: As on 29.10.2010: 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 20,847.9 34.32 1 18,324.1 33.27 +2,523.7 KAZAKHMYS PLС 2 13,244.9 21.81 2 11,598.3 21.06 +1,646.7 RD KazMynaiGas 3 8,900.5 14.65 3 8,530.7 15.49 +369.8 Halyk Bank 4 3,755.8 6.18 4 3,577.1 6.49 +178.8 Mangystaumynaigas 5 2,666.9 4.39 5 2,663.1 4.83 +3.9 Кazkommercbank 6 2,511.2 4.13 6 2,487.7 4.52 +23.5 Каzakhtelekom 7 1,461.6 2.41 7 1,333.5 2.42 +128.1 ATFBank 8 1,301.4 2.14 8 1,300.7 2.36 +0.7 Bank CentreCredit 9 715.4 1.18 - - - +715.4 Nurbank 10 647.4 1.07 9 644.0 1.17 +3.4 ---------------------------------------------------------------------------------- Notes: The company stock % - 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 of the market close, December 31, 2010 this indicator made USD60,742.0 mln. 91 shares of 64 issuers were listed on the official list of KASE. [2011-01-17]