Centras Securities (Kazakhstan) announces results of share index rebalancing
28.06.11 17:47
/KASE, June 28, 11/ - Centras Securities (Almaty), a member of Kazakhstan Stock
Exchange (KASE), provided KASE today with the following press-release:
quote
Centras Securities announces results of rebalancing the share index "Centras
Junior Index" ("СJX"), amendments to which will become effective from July 1,
2011.
- the following two shares will be added to the СJX: JSC "Bayan Sulu" ("BSUL"),
Tethys Petroleum Limited ("TPL CN").
- the following two shares will be removed from the СJX: KazakhGold Group Ltd.
("KZG LI"), Caspian Services Inc. ("CSSV US"). KazakhGold Group Ltd. is being
removed from the index base as a result of its having stopped fulfilling the
criteria - carrying out principal operations in Kazakhstan due to a reversed
merger between KazakhGold Group Ltd. and OJSC "Polus Zoloto" and purchase of
Kazakhstan-based assets of AltynGroup Kazakhstan LLP off "Polus Zoloto".
Decreasing operating profitability, increased debt burden and fixing of losses
for the past two years have badly affected quotations' dynamics and liquidity
of shares of Caspian Services Inc. Due to that fact the Expert Council of
Centras Securities has decided to exclude that company from the CJX.
JSC "Bayan Sulu" is a company with the head-quarters in Kostanai, it produces
and sells confectionery. The company's market capitalization at Kazakhstan
Stock Exchange makes up KZT28,136 m ($192 m).
Tethys Petroleum Limited explores and produces oil and gas in Kazakhstan,
Tajikistan, and Uzbekistan. Its market capitalization at Toronto Stock Exchange
is estimated at 295 m Canadian dollars.
Investors Relations
Centras Securities
Aida Belyaeva - specialist
tel: 259-88-77 (ext. 723)
unquote
[2011-06-28]