/KASE, November 1, 2017/ – From November 1, 2017, Kazakhstan Stock Exchange (KASE)
Committee on Indices and Securities Valuation by its decision of October 31, 2017
defined new parameters of shares, included in KASE Index universe – portions
of shares in free float, and restrictive coefficients.
The table below shows new share parameters and those effective till November 1,
influencing KASE Index's value.
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Effective from November 1, 2017 Effective till November 1, 2017
-------------- ------- ----------- -------------- ------- ------------
free restrictive free restrictive
outstanding float coefficient outstanding float coefficient
Ticker shares (Fi), % (Ri) shares (Fi), % (Ri)
------- -------------- ------- ----------- -------------- ------- ------------
GB_KZMS 458,379,033 57.0 0.0545757 458,379,033 57.3 0.0903070
HSBK 10,995,503,982 26.5 0.2279846 10,995,525,282 26.5 0.2833811
KCEL 200,000,000 18.1 0.7811401 200,000,000 25.0 0.8655105
KEGC 259,998,610 10.0 1.0000000 259,998,610 10.0 1.0000000
KZTK 10,707,323 23.0 1.0000000 10,707,323 23.0 1.0000000
KZTO 384,628,099 10.0 1.0000000 384,628,099 10.0 0.9223498
RDGZ 67,693,075 36.3 0.1023628 67,693,075 36.3 0.1082459
------- -------------- ------- ----------- -------------- ------- ------------
Removed from KASE Index universe
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CCBN 162,456,800 26.6 1.0000000
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In addition, by the mentioned decision of the Committee on Indices and Securities
Valuation from November 1, 2017 at calculation of KASE Index shall be used the
new adjustment coefficient (K) value – 2.0350644. Before said date the value was
1.8918698.
NOTES TO TABLE
KASE Index – KASE share market index, showing change of prices of shares
from the universe for calculation of the index with account to capitalization of
issuers and number of free floating shares (free float). One stock may not
exceed 15 % weight in the index. KASE Index is calculated within a trading day
as deals in the representing stocks are concluded. In case no deals, parameters
of which are required for calculation of the KASE Index were made in the stock
during a trading day, for purposes of such calculation, results of the last
resultant trading session will be used.
The Methodology of index calculation is regulated by KASE internal document
"Methodology of Stock Market Indicators Calculation", available at KASE
website at:
http://www.kase.kz/files/normative_base/indicators_met_eng.pdf
The index page is available at:
http://www.kase.kz/en/index_kase
Ticker shows: issuer code of security trading on KASE (first 4 symbols, –
common share code); share category (if the fifth symbol is "p", preferred
share); share issue order number (if required, the sixth symbol is a digit).
Issuers code: CCBN – Bank CenterCredit JSC; GB_KZMS – KAZAKHMYS PLC; HSBK –
Halyk Savings Bank of Kazakhstan JSC; KCEL – Kcell JSC; KEGC – Kazakhstan Electricity
Grid Operating Company "KEGOC" JSC (KEGC); KZTK – Kazakhtelecom JSC; KZTO –
KazTransOil JSC; RDGZ – KazMunaiGas Exploration Production JSC.
Outstanding shares – parameter, which is determined independently by KASE
on the basis of listing company share register extract data or information
provided by the company as a number of outstanding shares of a listing
company net of those redeemed. KASE is taking into account the number of
outstanding shares, which is confirmed by documents available on KASE.
Free float (Fi), % – parameter, determined by KASE as the number of shares not
owned by the state, issuer management and shareholders owning five or more
percent of common shares of the issuer, except for shareholders in regard of
which the Committee on Indices and Securities Valuation made a decision that
such shareholders shall not be deemed as strategic (institutional investors,
nominal holders, and entities performing functions of settlement service etc.).
Restrictive coefficient (Ri) – parameter limiting weight of influence of one
stock on index value to fifteen percent.
[2017-11-01]