/KASE, April 1, 13, March 29, 13 news repetition/ – 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 April–May 2013 out of shares
admitted to circulation at KASE. Those lists were approved by March 26, 2013
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
April 1 to May 31, 2013 (securities’ titles are indicated in the descending
order of their liquidity):
1) common shares KZ1C29950017 (KZ1C00000744, KASE official list first
category, KZTO) of JSC KazTransOil;
2) common shares KZ1C59150017 (KZ1C00000876, KASE official list, first
category, KCEL) of Kcell;
3) common shares KZ1C12280018 (KZ0009093241, KASE official list, first
category, KZTK) of Kazakhtelecom;
4) preferred shares KZ1P51460114 (KZ000A0RMTC3, KASE official list, third
category, RDGZp) of KazMunaiGas Exploration Production;
5) common shares KZ1C33870011 (KZ000A0LE0S4, KASE official list, first
category, HSBK) of Halyk Savings Bank of Kazakhstan;
6) common shares GB00B0HZPV38 (KASE official list, first category, GB_KZMS)
of KAZAKHMYS PLС;
7) common shares KZ1C34920013 (Unlisted securities, BTAS) of BTA Bank;
8) common shares KZ1C00400016 (KZ000A0JC858, KASE official list, first
category, KKGB) of Kazkommertsbank;
9) common shares GB00B29BCK10 (KASE official list, first category, GB_ENRC)
of EURASIAN NATURAL RESOURCES CORPORATION PLC;
10) preferred shares KZ1P12280114 (KZ0009094645, KASE official list first
category, KZTKp) of Kazakhtelecom;
11) common shares KZ1C51460018 (KZ000A0KEZQ2, KASE official list, first
category, RDGZ) of KazMunaiGas Exploration Production;
12) common shares KZ1C36280010 (KZ0007786572, KASE official list, second
category, CCBN) of Bank CenterCredit;
13) common shares KZ1C24120012 (KZ1C00000165, KASE official list second
category, BSUL) of Bayan Sulu.
14) common shares KZ1C33820016 (KZ000A0Q5HK5, KASE official list first
category, TSBN) of Tsesnabank;
Compared with the list of the first class liquidity shares composed for
February – March 2013, from the list of shares of the first class of liquidity
composed for April – May 2013 common shares KZ1C54620014 (KZ1C00000553, KASE
official list, first category, SATC) of SAT & Company were removed.
Trades in shares of the first class of liquidity is held at KASE on working
days – from 11:30 to 17:00 o'clock (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
in accordance with the Regulations on Market-Makers effective from April 1,
2013 shares the maximum values of spreads between the best mandatory quotations
for securities are set at 4 %.
Trades 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). They are
conducted by the method of uninterrupted counter-directed auction, too, but 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 shares of the second and third classes of
liquidity in accordance with the Regulations on Market-Makers the maximum
values of spreads between the best mandatory quotations for securities are set
at 5 %.
The lists of shares of the first, second and third classes of liquidity for
February – March 2013 are available on KASE website at
http://www.kase.kz/files/normative_base/liquid_2013_feb_march.pdf
The lists of shares of the first, second and third classes of liquidity for
April – May 2013 are published on KASE website at
http://www.kase.kz/files/normative_base/liquid_2013_apr_may.pdf
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/market_maker_new_eng.pdf
Methodology of Securities Liquidity Indicator Defining is available at –
http://www.kase.kz/files/normative_base/metodika_liquid_eng.pdf
[2013-04-01]