In four months volume of transactions reached $2,435.3 mln at KASE or 2.27 times more than in similar period of 2000
08.05.01 00:00
/IRBIS, May 8, 01/ - In first four months of 2001 total volume of transactions
held at the KASE in all sectors of the market reached an equivalent of
2,435.3 mln U.S. dollars, or KZT354.2 bln. Compared to similar period of
2000 the transaction volume grew 2.27 times in terms of dollars, and 2.34
times calculated in tenge. Following is the table of the Exchange's turnover in
respective months during the last two years (in mln USD), as well as
turnover dynamics.
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January February March April Total
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2000: turnover 84.2 127.6 142.7 135.3 489.8
Foreign structure 48.3% 43.7% 48.7% 43.4% 45.7%
currency ------ ---------- --------- --------- --------- --------- ---------
2001: turnover 126.2 133.3 145.2 129.7 534.4
sector structure 18.1% 26.4% 24.1% 20.6% 21.9%
------ ---------- --------- --------- --------- --------- ---------
Trend: in mln USD +42.0 +5.7 +2.5 -5.6 +44.6
% (+49.9%) (+4.5%) (+1.7%) (-4.1%) (+9.1%)
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2000: turnover 67.7 119.3 147.3 174.4 508.8
GB structure 38.9% 40.9% 50.3% 55.9% 47.5%
sector ------ ---------- --------- --------- --------- --------- ---------
2001: turnover 564.7 358.0 435.4 480.3 1838.4
structure 80.9% 71.0% 72.2% 76.2% 75.5%
------ ---------- --------- --------- --------- --------- ---------
Trend: in mln USD +497.0 +238.7 +288.1 +305.8 +1329.6
% (+733.9%) (+200.2%) (+195.5%) (+175.3%) (+261.3%)
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2000: turnover 21.4 1.4 2.7 2.2 27.7
Securities structure 12.3% 0.5% 0.9% 0.7% 2.6%
sector ------ ---------- --------- --------- --------- --------- ---------
2001: turnover 6.8 12.8 22.4 20.4 62.5
structure 1.0% 2.5% 3.7% 3.2% 2.6%
------ ---------- --------- --------- --------- --------- ---------
Trend: in mln USD -14.6 +11.4 +19.8 +18.2 +34.8
% (-68.3%) (+797.0%) (+743.0%) (+813.7%) (+125.3%)
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2000: turnover 1.0 43.5 0.3 0 44.8
Futures structure 0.6% 14.9% 0.1% 0% 4.2%
sector ------ ---------- --------- --------- --------- --------- ---------
2001: turnover 0 0 0 0 0
structure 0% 0% 0% 0% 0%
------ ---------- --------- --------- --------- --------- ---------
Trend: in mln USD -1.0 -43.5 -0.3 0 -44.8
% (-100%) (-100%) (-100%) (0%) (-100%)
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in 2000: 174.3 291.8 293.0 312.0 1071.0
TOTAL ----------------- --------- --------- --------- --------- ---------
in 2001: 697.7 504.1 603.0 630.4 2435.3
----------------- --------- --------- --------- --------- ---------
Trend: in mln USD +523.4 +212.4 +310.0 +318.4 +1364.2
% (+300.3%) (+72.8%) (+105.8%) (+102.1%) (+127.4%)
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All equivalent amounts were calculated by the method adopted at the KASE:
for foreign currency and the securities - at the exchange rate of the main
session of the KASE, effective on the deal conclusion date; for government
bonds (GB) - at the exchange rate of the main session of the KASE
(euronotes, IFO bonds) or at official rate effective on the deal conclusion
date (GB of the Ministry of Finance or the National Bank).
Based on presented data, the most growth rate during the period, 261.3%, or
3.6 times, was observed in GB sector. Then, (2.3 times, or 125.3%) in
securities sector. In a monthly section view the maximum growth in deal
volumes (300.3%) was observed in January 2001 relative to similar period of
2000 due to an expansion of GB market sector (733.9%) and foreign
currency sector (49.9%).
The data presented in the table show that the proportion of deals made in
foreign currency was steadily declining during 2001 at the KASE, while the
proportion of deals made in the securities was increasing. It may imply that
the main trends of the Kazakhstani stock market that existed in 2000 were
developing further on in this year.
Again, by the results of 2000 total volume of deals at the KASE equaled
5,077.8 mln U.S. dollars, or KZT725.2 bln (27.9% of GDP). Compared to
1999 ($3,535.3 mln, or KZT442.1 bln - 21.9% of GDP) turnover growth
calculated in dollars grew 1.44 times, and 1.64 time in terms of tenge. By
comparing this figures with those given in the first paragraph it can be said
that so far, the growth rate of the transaction volumes at the KASE in 2001
exceeds that of the year 2000 one and a half times.
In 2000 the most growth in transaction volumes, 7.1 times, or 613.1%,
relative to 1999 was typical to the securities sector. The volumes of deals in
GB increased 2.8 times, or 176.8% relative to 1999. The comparison of
these figures with the results of the first four months of the 2001 indicate
that the growth rate of the transactions made in the securities slowed down
relative to all the year 2000, while the government bonds sector kept
expanding.