/KASE, November 23, 12/ - 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 December 2012 - January 2013 out of shares
admitted to circulation at KASE. Those lists were approved by November 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
December 1, 2012 to January 31, 2013 (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. common shares KZ1C33870011 (KZ000A0LE0S4, KASE official list, first
category, HSBK) of Halyk Savings Bank of Kazakhstan;
3. preferred shares KZ1P51460114 (KZ000A0RMTC3, KASE official list, third
category, RDGZp) of KazMunaiGas Exploration Production;
4. common shares KZ1C51460018 (KZ000A0KEZQ2, KASE official list, first
category, RDGZ) of KazMunaiGas Exploration Production;
5. common shares GB00B0HZPV38 (KASE official list, first category,
GB_KZMS) of KAZAKHMYS PLŠ”;
6. common shares KZ1C34920013 (Unlisted securities, BTAS) of BTA Bank;
7. common shares GB00B29BCK10 (KASE official list, first category,
GB_ENRC) of EURASIAN NATURAL RESOURCES CORPORATION PLC;
8. common shares KZ1C36280010 (KZ0007786572, KASE official list, second
category, CCBN) of Bank CenterCredit;
9. common shares KZ1C00400016 (KZ000A0JC858, KASE official list, first
category, KKGB) of Kazkommertsbank;
10. preferred shares KZ1P12280114 (KZ0009094645, KASE official list, first
category, KZTKp) of Kazakhtelecom;
11. common shares KZ1C33820016 (KZ000A0Q5HK5, KASE official list, first
category, TSBN) of Tsesnabank;
12. common shares KZ1C24120012 (KZ1C00000165, KASE official list, second
category, BSUL) of Bayan Sulu.
Compared with the list of the first class liquidity shares composed for October -
November 2012, the list of shares of the first class of liquidity composed for
December 2012 - January 2013 has not changed.
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 o'clock (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
October - November 2012 are available on KASE website at
http://www.kase.kz/files/normative_base/likvid_2012_oct_nov_eng.pdf
The lists of shares of the first, second and third classes of liquidity for
December 2012 - January 2013 will be published 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 is available at -
http://www.kase.kz/files/normative_base/metodika_liquid_eng.pdf
[2012-11-23]