/KASE, January 24, 14/ – 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 February – March 2014 out of shares admitted
to circulation at KASE. The lists were approved by January 23, 2014 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
"Regulations on Market-Makers" to shares contained therein.
Below is the list of shares of the first class of liquidity, effective
from February 1 to March 31, 2014 (securities titles are indicated in
the descending order of their liquidity):
1) common shares KZ1C29950017 (KZ1C00000744, KASE official list first
category, KZTO) of KazTransOil;
2) common shares KZ1C12280018 (KZ0009093241, KASE official list first
category, KZTK) of Kazakhtelecom;
3) preferred shares KZ1P51460114 (KZ000A0RMTC3, KASE official list third
category, RDGZp) of KazMunaiGas Exploration Production;
4) common shares KZ1C33870011 (KZ000A0LE0S4, KASE official list first
category, HSBK) of Halyk Savings Bank of Kazakhstan;
5) common shares GB00B0HZPV38 (KASE official list first category,
GB_KZMS) of KAZAKHMYS PLС;
6) common shares KZ1C59150017 (KZ1C00000876, KASE official list, first
category, KCEL) of Kcell;
7) preferred shares KZ1P12280114 (KZ0009094645, KASE official list first
category, KZTKp) of Kazakhtelecom;
8) common shares KZ1C00400016 (KZ000A0JC858, KASE official list first
category, KKGB) of Kazkommertsbank;
9) common shares KZ1C34920013 (Unlisted Securities Sector, BTAS) of
BTA Bank;
10) common shares KZ1C36280010 (KZ0007786572, KASE official list
second category, CCBN) of Bank CenterCredit;
11) common shares KZ1C06320010 (KZ000A1CTMZ4, KASE official list third
category, RAHT) of Rakhat;
12) common shares KZ1C51460018 (KZ000A0KEZQ2, KASE official list first
category, RDGZ) of KazMunaiGas Exploration Production.
Compared with the list of the first class liquidity shares composed for
December 2013 – January 2014, out of the list of shares of the first class
of liquidity composed for February – March, 2014 were removed:
1) common shares GB00B29BCK10 (KASE official list first category, GB_ENRC)
of EURASIAN NATURAL RESOURCES CORPORATION PLC;
2) preferred shares KZ1P00400112 (KZ0005416453, KASE official list first
category, KKGBp) of Kazkommertsbank JSC;
3) common shares KZ1C33820016 (KZ000A0Q5HK5, KASE official list first
category, TSBN) of Tsesnabank JSC.
Trades in shares of the first class of liquidity is held at KASE on working
days – from 11:30 a.m. to 05:00 p.m. (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 4 %.
Trades in shares of the second and third classes of liquidity is held at
KASE on working days – from 03:00 p.m. to 05:00 p.m. (Almaty time) by the
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 5 %.
The lists of shares of the first, second and third classes of liquidity for
December 2013 – January 2014 are available on KASE website at
http://www.kase.kz/files/normative_base/liquid_2013_dec_2014_jan_eng.pdf
The lists of shares of the first, second and third classes of liquidity for
February – March 2014 are available on KASE website at
http://www.kase.kz/files/normative_base/liquid_2014_febr_march_eng.pdf
Regulations of Trades and Confirmation System Operation are available at –
http://www.kase.kz/files/normative_base/reglament_trade_eng.pdf
Regulations on Market-Makers 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
[2014-01-24]