FROM AUGUST 1, 2018 KASE CHANGES PARAMETERS OF SHARES INCLUDED IN KASE INDEX REPRESENTATIVE LIST
/KASE, August 1, 2018/ – From August, 2018, Kazakhstan Stock Exchange (KASE) Committee on Indices and Securities Valuation by its decision of August 1, 2018 defined new parameters for shares included in the KASE Index representative list such as portions of shares in free float and restrictive coefficients.
The table below shows new share parameters and those effective until August 1 that has an impact on the value of KASE Index.
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Effective from August 1, 2018 Effective until August 1, 2018
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Number of free restrictive number of outstanding free restrictive
Ticker outstanding float coefficien(Ri) shares float coefficient(Ri)
shares (Fi),% (Fi),%
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CCBN 162,456, 800 26.6 1.0000000 162,456,800 41.9 1.0000000
GB_KZMS 458,379,033 57.0 0.0282341 458,379,033 57.0 0.0272761
HSBK 10,995,404,574 26.5 0.0954480 10,995,444,874 26.5 0.0985536
KCEL 200,000,000 15.6 0.5525299 200,000,000 15.7 0.5489764
KEGC 259,998,610 10.0 0.7515940 259,998,610 10.0 0.7598596
KZTK 10,707,323 23.0 0.3438827 10,707,323 23.0 0.4055145
KZTO 384,628,099 10.0 0.5346417 384,628,099 10.0 0.4864626
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In addition, by the mentioned decision of the Committee on Indices and Securities Valuation from August 1, 2018 new adjustment coefficient (K) value – 4.3215087. will be used when calculating the KASE Index. Prior to this date, the value was 4.2572095.
NOTES TO TABLE
KASE Index – KASE share market index, showing change of prices of shares from the representative list 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 see more
The index page is available at see more
Ticker shows: issuer code of a security traded on KASE (first 4 symbols, which is also the code of a common share); share category (if the fifth symbol is "p", preferred share); order number of the share issue (if required, it is the sixth numeric symbol). Issuers code: CCBN – Bank CenterCredit; GB_KZMS – KAZAKHMYS PLC; HSBK – Halyk Savings Bank of Kazakhstan; KCEL – Kcell; KEGC – Kazakhstan Electricity Grid Operating Company "KEGOC" JSC (KEGC KZTK – Kazakhtelecom JSC; KZTO – KazTransOil JSC;
Number of 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 government, issuer management and shareholders, who own 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.
[2018-08-01]