Decrease in stock market capitalization for PIS of Kazakhstan in January was due to drop in share prices

/IRBIS, Jan.31, 00/ - As of January 31 stock market capitalization for corporate securities of Kazakhstan (A+B+N excluding SBS) equaled 2,217.0 mln U.S. dollars or KZT309,007.2 mln at tenge to dollar rate of the Currency exchange effective on that day. In early January corresponding figures equaled 2,264.4 mln U.S. dollars or KZT313,054.2 mln. Within a month capitalization decreased $47.4 mln, which was mainly due to a decrease in market value of: - common shares of OJSC "SHNOS" - 26.8%; - common shares of OJSC "Bank TuranAlem" - 19.92%; - preferred shares of JSC "Aktobemunaigas" - 78.90%. Entering new instruments into trade lists of the Exchange - common inscribed shares of OJSC "Voskhod", shares of OJSC "Jyluenergia"; common inscribed shares of OJSC "Astana-finance"; common inscribed shares of OJSC "GEOTEKS" - partially compensated for the decrease in capitalization. Late January (in parentheses are December figures) total of 90 (88) PIS of 68 (66) emitters were in trade lists of KASE.