/KASE, November 1, 2018/ – From November 1, 2018, Kazakhstan Stock Exchange (KASE)
Committee on Indices and Securities Valuation by its decision of November 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 November 1
that has an impact on the value of KASE Index.
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Effective from November 1, 2018 Effective until November 1, 2018
--------------------- ------- ---------------- --------------------- ------- ----------------
number of outstanding free restrictive number of outstanding free restrictive
Ticker shares float coefficient (Ri) shares float coefficient (Ri)
(Fi), % (Fi), %
------- --------------------- ------- ---------------- --------------------- ------- ----------------
CCBN 162,456,800 33.0 1.0000000 162,456,800 26.6 1.0000000
GB_KZMS 458,379,033 51.8 0.0340440 458,379,033 57.0 0.0282341
HSBK 11,754,075,497 25.5 0.0615865 10,995,404,574 26.5 0.0954480
KCEL 200,000,000 17.9 0.3211260 200,000,000 15.6 0.5525299
KEGC 259,998,610 10.0 0.4821023 259,998,610 10.0 0.7515940
KZTK 10,707,323 23.0 0.2704704 10,707,323 23.0 0.3438827
KZTO 384,628,099 10.0 0.3881076 384,628,099 10.0 0.5346417
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In addition, by the mentioned decision of the Committee on Indices and Securities
Valuation dated November 1, 2018 new adjustment coefficient (K) value – 5.8125495
will be used when calculating the KASE Index. Prior to this date, the value was
4.3215087.
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:
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 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 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.
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.
[2018-11-01]