/IRBIS, August 8, 2011/ - IRBIS Information Agency of Financial Markets
(Almaty) rated liquidity of listing companies shares traded on Kazakhstan
Stock Exchange (KASE) in July 2011.
The first 10 positions of the rating are given below. In August these shares
constituted for 67.6% 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
July 2011 June cator of deals, number of KASE successful
2011 (Kl) m. KZT of deals members days
--------- ------- --------- --------- ----------- --------- -------- -----------
1 1 RDGZp 2.95 387.0 168 20 20
2 2 KZTK 1.86 184.8 65 17 17
3 7 HSBK 1.85 49.9 56 21 18
4 5 GB_KZMS 1.48 85.7 51 14 16
5 4 GB_ENRC 1.25 19.6 27 17 10
6 6 RDGZ 1.244 92.2 27 15 10
7 3 BTAS 1.242 12.9 43 13 14
8 10 KKGB 1.19 57.9 28 13 13
9 8 CCBN 1.05 52.3 19 14 8
10 12 ZERDp 0.85 76.3 16 10 7
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Newcomer of "liquidity ten" in July was ZERDp (in June - 12 position),
kicking SATC out from rating. The analysis of transactions with preferred
shares of JSC "Kazcat" (ZERDp) in the period under review showed that
54.1% of these transactions were of internal ("contract") character.
The following table shows the top 10 rankings, based on the stock trades at
KASE the first seven months of 2011. The share of the top ten in the
overall turnover of the stock market KASE totaled 24.4%. During this period,
the open KASE secondary market transactions were concluded with 40
items.
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Liquidity indicator calculation base (Kl):
------------------------------------------
Posi Code of Liquidity
tion shares indi- volume number number of
cator of deals, number of KASE successful
(Kl) m. KZT of deals members days
---- --------- --------- ----------- --------- -------- -----------
1 RDGZp 2.58 16,390.0 2,461 32 139
2 KZTK 1.67 3,019.5 777 29 126
3 BTAS 1.615 212.5 614 31 118
4 CCBN 1.605 2,587.3 517 33 105
5 HSBK 1.58 971.9 611 29 123
6 RDGZ 1.40 757.4 363 30 95
7 KKGB 1.38 516.8 381 28 103
8 GB_KZMS 1.37 711.5 449 26 109
9 GB_ENRC 1.25 176.1 264 27 90
10 KZTKp 0.87 226.3 136 19 65
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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.
[2011-08-08]