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).