/KASE, January 29, 13/ - On January 29, 2013 the Vienna Stock Exchange
(Wiener Borse AG, WBAG) launches the new stock index Kazakhstan Traded
Index Local (KTX Local).
The index KTX Local is composed of common shares of the following
companies:
- EURASIAN NATURAL RESOURCES CORPORATION PLC (weight - 20.18
%);
- KazMunaiGas Exploration Production JSC (weight - 19.82 %);
- KAZAKHMYS PLС (weight - 19.52 %);
- Halyk Savings Bank of Kazakhstan JSC (weight - 14.05 %);
- Kcell JSC (weight - 12.31 %);
- KazTransOil JSC (weight - 6.56 %);
- Kazakhtelecom JSC (weight - 6.04 %);
- Kazkommertsbank JSC (weight - 1.52 %).
The KTX Local members are capitalization-weighted and the composition is
adjusted as necessary by the index committee.
The KTX Local is calculated daily in real time in EUR and USD. The calculation
of the index is based on the prices of shares traded on the Kazakhstan Stock
Exchange JSC (KASE) in local currency. The price data are transmitted to
WBAG via Thomson Reuters. The calculation of the index in EUR and USD is
based on the last median exchange rate of the tenge vs. the EUR and the USD
(mid-value of simultaneously available bid and ask quotes) disseminated by
Thomson Reuters and received by WBAG during the calculation period. During
the calculation time of the index, currencies are converted every two minutes at
the current exchange rate.
The KTX Local is a tradable index which will be used as an underlying instrument
for products based on the index (futures and options).
The KTX Local index is composed of the most actively traded shares on KASE
taking into consideration the monthly trading value and the number of active
trading days, and the composition is reviewed regularly in January, April, July
and October. The index constituents weights are also regularly reviewed in order
to comply with UCITS IV standards for portfolio diversification.
The KTX Local is a protected trademark of WBAG and WBAG holds all rights
with respect to the KTX Local.
The abovementioned shares are also constituents of the KASE Index, and
furthermore the shares of:
- EURASIAN NATURAL RESOURCES CORPORATION PLC and
KAZAKHMYS PLС are constituents of S&P/OIC COMCEC 50 Shariah
Index;
- KazMunaiGas Exploration Production JSC, Halyk Savings Bank of
Kazakhstan JSC and Kazkommertsbank JSC are constituents of Dow
Jones FEAS Titans index;
- KAZAKHMYS PLС, EURASIAN NATURAL RESOURCES CORPORATION
PLC, KazMunaiGas Exploration Production JSC, Kazakhtelecom JSC,
Kazkommertsbank JSC and Halyk Savings Bank of Kazakhstan JSC are
constituents of S&P Kazakhstan BMI index.
The KTX Local index methodology is available on WBAG's website at
http://en.indices.cc/static/cms/sites/indices/media/en/pdf/download/rules/CEE_CI
S_Index_Guide.pdf
[2013-01-29]