Shares of Kyrgyz emitters are quoted on KASE

16.11.99 00:00
/IRBIS, Nov.16, 99/ - Today on the Exchange in sector "Non-listing securities" the trades in common shares of three emitters from Kyrgyzstan has been held. They are: JSC "Kyrgyztelecom" (Bishkek, KGTK), JSC "Kyrgyzenergo" (Bishkek, KGEN), and JSC "Kantsky Tsementno- Shiferny Combinat" (Kant, KCSK). Trades in the shares of emitters listed above will be opened since November 15, 1999. The settlements will be executed through "Central Depository of Securities". The order of settlements will be determined by the parties concluding the transaction. As well as yesterday, transactions were not made, however quotations were changed a little. KGEN supply price was not changed - $0.16 for share. KCSK supply price has decreased from $0.45 yesterday to $0.40. The demand was absent. KGTK quotation spread has appeared on KASE: $ 0.11/$0.21. Yesterday at the supply absence the demand price was $0.10 for share. All applications, as well as yesterday, were entered by the brokers through the Quoted system KASE. The brokers approve, that any transactions in the shares of Kyrgyz companies can not be made, because the brokerage firs have not the National Bank of Kazakhstan sanction for capital export in Kyrgyzia. According to the National Bank of Kyrgyzia, on November 16 by results of trades in the Kyrgyz interbank market: 1 USD = 44.4607 Kyrgyz soms).