/IRBIS, December 5, 2011/ - IRBIS Information Agency of
Financial Markets (Almaty) rated liquidity of listing companies
shares traded on Kazakhstan Stock Exchange (KASE) in
November 2011.
The first 10 positions of the rating are given below. In October
these shares constituted for 80.6% of turnover of
corresponding sector of exchange market. Over the specified
period, deals in shares of 23 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
Sep 2011 Aug cator of deals, number of KASE successful
2011 (Kl) m. KZT of deals members days
-------- ------- --------- --------- ----------- --------- -------- -----------
1 1 RDGZp 3.00 442.1 173 19 22
2 3 RDGZ 2.22 218.3 111 18 17
3 2 HSBK 1.834 65.9 80 16 20
4 4 GB_KZMS 1.829 60.6 75 17 19
5 6 KZTKp 1.413 187.0 50 10 17
6 5 KKGB 1.407 40.0 57 14 13
7 9 CCBN 1.34 51.0 34 15 13
8 8 GB_ENRC 1.16 32.7 20 14 12
9 12 ZERDp 0.98 50.6 25 10 11
10 10 BTAS 0.97 0.8 24 11 11
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Newcomer of liquidity ten in September was ZERDp (in October
- 12 position), kicking KZTK from the rating.
The following table shows the top 10 rankings, based on the
stock trades at KASE for eleven months of 2011. The share of
this "ten" in the total turnover of shares KASE totaled 29.9%.
During the same period in the open KASE secondary market
transactions were concluded with 48 items.
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Liquidity indicator calculation base (Kl):
------------------------------------------
Posi Code of Liquidity
tion share indi- volume number number of
cator of deals, number of KASE successful
(Kl) m. KZT of deals members days
---- --------- --------- ----------- --------- -------- -----------
1 RDGZp 2.49 18,089.9 3,253 32 225
2 HSBK 1.68 1,400.2 1,087 33 200
3 BTAS 1.613 263.9 774 37 168
4 KZTK 1.606 9,622.4 930 31 188
5 CCBN 1.59 3,122.2 673 37 162
6 GB_KZMS 1.49 1,113.5 902 29 190
7 RDGZ 1.46 1,840.1 686 32 168
8 KKGB 1.42 855.9 720 30 171
9 GB_ENRC 1.24 328.5 415 29 148
10 KZTKp 0.98 746.7 291 23 119
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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.
[2011-12-05]