/KASE, August 1, 12, July 23, 12 news repetition/ - Today Kazakhstan Stock
Exchange (KASE) in accordance with its internal document "Methodology of
Securities Liquidity Indicators Defining" (Methodology) composed lists
of shares of the first, second and third classes of liquidity for August-
September 2012 out of shares admitted to circulation at KASE. Those lists
were approved by July 23, 2012 decision of the Committee on Indices and
Securities Valuation and had been composed for the purpose of applying
of regulations of KASE internal documents "Regulations of Trades and the
Confirmation System Operation" and "Rules of Market-Makers Activities"
to shares contained therein.
Below is the list of shares of the first class of liquidity, effective
from August 1 to September 30, 2012 (securities' titles are indicated
in the descending order of their liquidity):
1. common shares KZ1C12280018 (KZ0009093241, KASE official list first
category, KZTK) of Kazakhtelecom;
2. preferred sharesKZ1P51460114 (KZ000A0RMTC3, KASE official list third
category, RDGZp) KazMunaiGas Exploration Production;
3. preferred sharesKZ1P12280114 (KZ0009094645, KASE official list first
category, KZTKp) of Kazakhtelecom;
4. common shares KZ1C33870011 (KZ000A0LE0S4, KASE official list first
category, HSBK) of Halyk Savings Bank of Kazakhstan;
5. common shares GB00B29BCK10 (KASE official list first category,
GB_ENRC) of EURASIAN NATURAL RESOURCES CORPORATION
PLC;
6. common shares GB00B0HZPV38 (KASE official list first category,
GB_KZMS) of KAZAKHMYS PLС;
7. common shares KZ1C51460018 (KASE official list first category, RDGZ)
АО "Разведка Добыча "КазМунайГаз";
8. common shares KZ1C00400016 (KZ000A0JC858, KASE official list first
category, KKGB) of Kazkommertsbank;
9. common shares KZ1C33820016 (KZ000A0Q5HK5, KASE official list first
category, TSBN) of Tsesnabank;
10. common shares KZ1C36280010 (KZ0007786572, KASE official list
second category, CCBN) of Bank Center Credit;
11. common shares KZ1C34920013 ("Unlisted Securities" sector, BTAS) of
BTA Bank.
Compared with the list of liquid shares composed for June - July 2012,
the list of shares of the first class of liquidity composed for August-
September 2012 have left common shares KZ1C54620014 (KZ1C00000553, KASE
official list first category, SATC) of SAT & Company, entered common
shares of Tsesnabank (9th position) and common shares of BTA Bank
(11th position).
Trading in shares of the first class of liquidity is held at KASE on working
days - from 11:30 through 17:00 (Almaty time) by method of uninterrupted
counter-directed auction (whereas the so-called Frankfurt trading method
is used) and are switched to standby-mode in case of matching or crossing
of bids and asks, if the price of a proposed deal deviates from the last
transaction price of such shares by 10 %. For market-makers for the first
liquidity class shares the maximum values of spreads between the best
mandatory quotations for securities are set at 7 %.
Trading in shares of the second and third classes of liquidity is held
at KASE on working days - from 15:00 through 17:00 (Almaty time) by method
of uninterrupted counter-directed auction and are switched to standby-mode
in case of matching or crossing of bids and asks, if the price of a proposed
deal deviates from the last transaction price of such shares by 5 %. For
market-makers of illiquid shares of the second and third classes of liquidity
the maximum values of spreads between the best mandatory quotations for
securities are set at 10 %.
The lists of shares of the first, second and third classes of liquidity
for June - July 2012 are available on KASE website at
http://www.kase.kz/files/normative_base/likvid_2012_june_july_eng.pdf
The lists of shares of the first, second and third classes of liquidity
for August - September 2012 will be available on KASE website in the
nearest time.
Regulations of Trades and Confirmation System Operation are available at
http://www.kase.kz/files/normative_base/reglament_trade_eng.pdf
Rules of Market-Makers Activities are available at
http://www.kase.kz/files/normative_base/m_maker_eng.pdf
Methodology of Securities Liquidity Indicator Defining are available at -
http://www.kase.kz/files/normative_base/metodika_liquid_eng.pdf
[2012-08-01]