KASE changed equity market capitalization methodology

/IRBIS, July 02, 01/ - Kazakhstan Stock Exchanges (KASE) informs that from July 01, 2001 it brought modifications into equity market capitalization estimation methodology: Previously, capitalization included market value of all companies, whose shares have been admitted into trade listing of KASE. New estimation methodology will only include companies, whose shares are admitted to the official listing of KASE securities. Companies from the non-listing securities sector will not be considered. The modifications was approved with consideration of true market value of the equities. As a result, the capitalization of the equity market fell down to $821.8m from $1,869.8m as of June 29, 2001.