REVIEW: KASE market of shares in September 2011

14.10.11 16:06
/IRBIS, October 14, 2011/ - In September 2011, on the Kazakhstan Stock Exchange (KASE) on shares in all sectors were recorded 741 transactions totaling 14,541.1 million tenge or 98.9 million U.S. dollars at current exchange rates at the dates of transactions. The said amount is 38.6% of the monthly volume of transactions in the market of corporate securities of KASE (in August 2011 - 14.0%) and 0.6% of the total exchange monthly turnover (0.1%). It should be noted that 47.9% of the total volume of transactions with shares in the secondary market purchase on KASE went to deals with common shares of "SAT & Company" (SATC). At the same time 99.2% of transactions with these securities in September 2011 accounted for two transactions that were concluded on September 5. As a result of September 2011 at the KASE average daily prices of shares of 19% of titles have increased (in July August - 24%), decreased - 62% of titles (62%), prices of 15% have not changed (12%). Maximum trends for the month showed the following tools: KZTKp grew by 14.6%, GB_KZMS fell by 24.1%. In August 2011 the maximum trends were shown by CHFMp (+114.3%) and MREK (- 58.3%). Below are tables describing the stock market of KASE in September, 2011. Table 1. Statistical characteristics of KASE share market in September 2011 ------------------------------------------------------------------ Trend as of ------------------ Indicator Sep 2011 Aug 2011 Sep 2010 -------------------------------------- -------- --------- -------- Trade volume, th. USD 98,944.5 5.7 times +45.2% Trade volume, m. KZT 14,541.1 5.8 times +44.7% Deals 741 -40.8% -46.2% Instruments in deals 26 0 0 Daily average of deals 34 -40.8% -46.2% Daily average volume of deals, th. USD 4,497.5 5.7 times +45.2% Daily average volume of deals, m. KZT 661.0 5.8 times +44.7% Stock of direct deals (number), % 0.4 -0.3 pp +0.3 pp Stock of direct deals (volume), % 0.1 -4.9 pp -0.05 pp Pension assets, % gross 24.5 +20.5 pp +24.5 pp Individuals, % gross 22.4 -21.1 pp -22.6 pp Non-residents, % gross 0.8 -9.4 pp -4.6 pp KASE members, concluded deals 33 -15.4% -15.4% Market concentration, % 47.9 +30.3 pp +14.0 pp ------------------------------------------------------------------ *indicates the percentage of the total turnover 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 * ----------------------------------------------------------------- Stake of total volume of market (%): ------------ ----------- ----------- Industry Sep 2011 Aug 2011 Sep 2010 ---------------------------- ------------ ----------- ----------- Power energy 51.2 29.0 49.3 Discretional consumer sector 42.8 8.0 2.4 Finance 3.3 35.3 2.5 Raw material sector 2.0 11.3 3.2 Telecommunications services 0.3 13.0 39.8 Industry 0.2 - 0.001 Main consumer sector 0.1 0.9 2.2 Public services 0.1 0.7 0.6 Public health - 1.8 - Information technologies - - - ----------------------------------------------------------------- *Industrial Classification turnover 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 of Sep 30, 2011 (basis actual/365) ---------------------------------------- Change: ------------ Period in % % APR --------------------------- ----- ------ For preceding 30 days -8.7 -106.0 Since the beginning of 2011 -33.6 -45.0 For last 365 days (year) -25.2 -25.2 In 2010 -2.8 -2.8 From the beginning of 2010 -35.5 -20.3 ---------------------------------------- Tab 4.Main indicators of exchange purchase and sale share market in September 2011 ---------------------------------------------------------------- Market Volume of Volume of capitalization, deals, deals, Number Date m. USD KASE index th. USD m. KZT of deals -------- --------------- ---------- --------- --------- -------- 31.08.11 47,116.2 1,249.16 1,534.4 224.7 73 01.09.11 48,466.9 1,287.58 515.7 75.6 46 02.09.11 47,819.9 1,270.20 366.7 53.8 41 05.09.11 47,011.8 1,240.99 47,941.2 7,037.8 38 06.09.11 45,961.8 1,209.06 334.8 49.2 24 07.09.11 46,950.5 1,251.71 357.3 52.5 46 08.09.11 47,121.4 1,249.07 458.0 67.3 64 09.09.11 46,912.3 1,223.32 2,213.1 325.6 39 12.09.11 45,963.3 1,233.72 486.5 71.7 20 13.09.11 45,786.0 1,208.62 202.9 29.9 29 14.09.11 45,703.3 1,207.07 242.5 35.7 16 15.09.11 46,387.5 1,228.12 260.1 38.3 28 16.09.11 46,647.1 1,246.20 41,923.9 6,166.2 57 19.09.11 46,271.5 1,229.91 156.7 23.1 25 20.09.11 45,797.7 1,228.67 130.3 19.2 21 21.09.11 45,684.2 1,226.80 230.7 34.0 28 22.09.11 43,939.8 1,171.95 724.5 106.9 51 23.09.11 42,081.9 1,146.52 855.0 126.3 50 26.09.11 41,597.7 1,134.17 167.4 24.7 12 27.09.11 42,335.8 1,138.20 376.4 55.6 30 28.09.11 40,946.9 1,146.07 231.4 34.2 27 29.09.11 42,212.7 1,145.33 260.4 38.5 28 30.09.11 41,989.5 1,140.30 508.8 75.3 21 -------- --------------- ---------- --------- --------- -------- Trend -5,126.7 -108.9 % -10.9 -8.7 ---------------------------------------------------------------- Tab. 5. Changes in shares traded on KASE in September 2011 ------------------------------------------- Shares: Issuers: Admission ----- ----- ----- ----- category Numb. trend Numb. trend ------------------- ----- ----- ----- ----- First 15 0 9 0 Second 20 -1 13 -1 Third 54 0 44 0 Investment funds` 2 0 2 0 securities Unlisted securities 3 0 3 0 ------------------- ----- ----- ----- ----- Total 94 -1 69 -1 ------------------------------------------- Tab. 6. Results of trades in shares on KASE in Sept 2011 (according to data on deals, concluded on the secondary market by open trade method) ------------------------------------------------------------------------------ KZT per share: Amount Number Share --------- -------- Of deals, Of code min. max. Price Chan.,% Min. max. Th. USD deals ------- -------- -------- -------- ------- --------- -------- --------- ------ BSUL 630.00 630.00 630.00 0 630.00 658.05 112.6 17 BTAS 1.53 1.90 1.60 -15.3 1.30 43.00 16.5 23 CAHO 37.51 37.51 37.51 37.50 37.51 95.1 2 CCBN 330.00 389.48 348.50 -9.5 329.39 670.00 632.5 28 GB_ENRC 1335.00 1650.00 1380.00 -10.4 1275.00 2600.00 139.2 29 GB_KZMS 1825.00 2650.00 1950.00 -24.3 1780.00 3800.00 612.1 116 HSBK 222.92 263.99 230.00 -5.0 200.00 445.00 307.7 63 HSBKp 168.40 168.40 168.40 168.40 185.24 0.2 1 KAZI 200.00 215.00 215.00 200.00 220.00 43.8 2 KAZIp 300.00 315.00 315.00 300.00 390.00 120.2 2 KKGB 255.00 310.30 260.00 -13.3 246.10 616.00 415.9 61 KKGBp 144.00 158.40 148.00 -3.2 144.00 230.00 1,052.0 14 KZTK 16800.00 19000.00 18325.00 +7.8 13500.00 20850.00 42,005.4 48 KZTKp 7851.00 9095.00 9000.01 +14.6 6750.00 9990.00 372.8 29 MMGZp 5500.00 5500.00 5500.00 0 5000.00 10450.00 14.1 7 MREK 1182.00 1714.70 1182.00 -5.5 1100.00 3000.00 137.5 5 NFBN 1375.00 1375.00 1375.00 1375.00 1375.00 11.0 1 RDGZ 13551.40 14899.00 13551.40 -8.4 12100.00 21000.00 794.5 66 RDGZp 12500.00 14350.00 13210.00 -6.3 12100.00 20510.00 2,389.9 161 SATC 71.00 71.08 71.05 -0.04 71.00 72.00 47,429.4 19 TKUDp 9.01 9.01 9.01 0 9.00 9.01 1,210.3 2 TSBN 844.05 903.00 903.00 -4.0 813.16 951.00 343.1 4 TSBNp 900.00 900.00 900.00 900.00 900.00 97.9 2 VSTN 120000.0 120000.0 120000.0 115455.0 120000.0 362.5 11 ZERD 1.10 1.20 1.10 -4.3 1.10 2.49 16.0 3 ZERDp 5.40 5.40 5.40 0 4.60 5.72 136.2 22 ------- -------- -------- -------- ------- --------- -------- --------- ------ 26 98,868.4 738 ------------------------------------------------------------------------------ Notes: The table provides data on the shares in which the deals were concluded using one of the open trade methods. Trends (change in %) are provided in relation to the last deal of the preceding month (Aug 1 - 31, 2011). Trend is not computed. if there were no deals in the preceding month. Tab. 7 Top 10 most liquid shares of KASE in September 2011 ----------------------------------------------------------------------------- Liquidity indicator calculation base (Kl): Position ---------------------------------------------------------------- --------------- Liquidity- Amount number number Sep. Aug Share Index Of deals, number of KASE of result. 2011 г. 2011 г. code (Kl) mln KZT of deals members days ------- ------- ------- ---------- ----------- ---------- -------- ---------- 1 1 RDGZp 2.48 352.0 161 19 21 2 3 GB_KZMS 2.23 90.2 116 20 21 3 9 KZTK 1.97 6,178.2 48 16 18 4 7 RDGZ 1.75 117.0 66 18 18 5 2 HSBK 1.70 45.3 63 18 17 6 4 KKGB 1.56 61.3 61 16 16 7 12 SATC 1.36 6,962.8 19 11 8 8 8 GB_ENRC 1.19 20.5 29 14 13 9 5 BTAS 1.00 2.4 23 12 11 10 6 CCBN 0.97 93.1 28 10 12 ----------------------------------------------------------------------------- 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 companies listed on KASE, whose shares are listed on securities exchanges (at the close of trading on the dates indicated) ------------------------------------------------------------------------------- As of Sep 30: As of Aug 31: Change: ---- --------- ------ ---- --------- ------ --------- ------- Short Po- Capita- Compa- Po- Capita- Compa- Capita- Quotas, Company si- lization, Ny's- si- lization, Ny's- lization, Perc. Name Tion mln. USD Quota% Tion mln. USD Quota% mln. USD point. ----------------- ---- --------- ------ ---- --------- ------ --------- ------- ENRC PLC 1 11,867.9 28.26 1 13,540.5 28.74 -1,672.5 -0.47 KAZAKHMYS PLС 2 7,049.7 16.79 2 9,388.1 19.93 -2,338.4 -3.14 EP KMG 3 6,659.0 15.86 3 7,282.8 15.46 -623.8 +0.40 Mangistaumunaigaz 4 2,659.4 6.33 4 2,687.1 5.70 -27.8 +0.63 Halyk bank 5 2,141.1 5.10 5 2,352.8 4.99 -211.7 +0.11 Nurbank 6 1,863.8 4.44 6 1,883.3 4.00 -19.5 +0.44 Kazkommertzbank 7 1,471.1 3.50 7 1,722.1 3.66 -251.1 -0.15 ATFbank 8 1,466.0 3.49 8 1,481.3 3.14 -15.3 +0.35 Kazakhtelecom 9 1,370.7 3.26 9 1,283.5 2.72 +87.2 +0.54 Shubarkol Komir 10 713.1 1.70 10 720.6 1.53 -7.4 +0.17 ------------------------------------------------------------------------------- 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, Sep 30, 2011 this indicator made USD 41,989.5 mln. 89 shares of 64 issuers were listed on the official list of KASE [2011-10-14]