KASE determined leading operators of secondary exchange's CS market in Kazakhstan for August and 8 months of 2002

/IRBIS, September 13, 02/ - In accordance with the request of professional participants Kazakhstan Stock Exchange (KASE) defined list of companies - leading operators of the KASE corporate securities market for August and first 8 months of 2002. Before, on account of narrowness of stock exchange's sector, such lists were made only by quarter results, Since the moment IRBIS intends to publish ratings of activity every month. Place of a company in the list is determined in total gross turnover of trades (amount of purchased and sold shares and bonds). At this, both purchase and sale operations and operations of direct and reverse repo are taken into account. Work of brokers at securities primary floatation at stock exchange's specialized trades is not taken into account because of the fact that securities sale at such trades is conducted by the only participant, which is underwriter of financial consultant of an issuer. Deals in the sector of trade in state blocks of shares (SBS) is not taken into account either when making the lists because the system of SBS sales reminds very much specialized trades on securities primary floatation. Position of each trade participant is shown in tenge. A total of 21 companies (broker-dealer companies, banks, opension assets management companies) participated in trades with CS at KASE in August of 2002. Below is the list of 10 the most active operators given in descending order of their shares in total deals volume. In parentheses is position of correspondent broker in July of 2002. ----------------------------------------------------------------------- Share in trades Position Brief title of the company gross volume, % -------- -------------------------------------------- --------------- 1 (3) KIB ASSET MANAGEMENT Ltd. LLP (Almaty) 38.7 2 (4) KG Securities LLP (Karaganda) 11.8 3 (2) RG Securities LLP (Almaty) 8.6 4 (7) INVESTMENT MANAGEMENT GROUP LLP (Almaty) 6.9 5 (8) Bank CenterCredit OJSC (Almaty) 6.3 6 (13) PAMC ABN AMRO Asset Management CJSC (Almaty) 5.5 7 (17) Bank TuranAlem OJSC (Almaty) 3.95 8 (10) Tau Securities LLP (Almaty) 3.93 9 (9) CAIFC Company CJSC (Almaty) 3.5 10 (-) KAZKOMMERTSBANK OJSC (Almaty) 3.0 ----------------------------------------------------------------------- The list, which was made in similar way, but for the first 8 months of 2002, is given below. 29 stock exchange's members in making deals on CS at KASE during the period. Companies shown in the table controlled 87.1% of the stock exchange's secondary CS market. In parentheses is position of corresponding participant for the first 7 months of 2002. -------------------------------------------------------------- Share in trades Position Brief title of the company gross volume, % -------- ----------------------------------- --------------- 1 (1) TuranAlem Securities LLP (Almaty) 34.9 2 (2) KIB ASSET MANAGEMENT Ltd. LLP 12.4 3 (4) KG Securities LLP 7.1 4 (3) General Asset management LLP 6.9 5 (6) INVESTMENT MANAGEMENT GROUP LLP 5.9 6 (7) RG Securities LLP 5.8 7 (5) PAMC ZHETYSU CJSC (Almaty) 5.6 8 (8) Kazkommertssecurities OJSC (Almaty) 4.1 9 (9) PAMC ABN AMRO Asset Management CJSC 2.5 10 (10) Fondoviy service CJSC (Almaty) 1.9 -------------------------------------------------------------- One should take into consideration the fact that because of narrowness of Kazakhstan CS market, conducting of one rather large deal at KASE may significantly influence situation of this or that participant in the tables, which were made by the methods described above. [2002-09-13]