/KASE, January 31, 2019/ – From February 1, 2019, Kazakhstan Stock Exchange
(KASE) Committee on Indices and Securities Valuation by its decision of
January 31, 2019 defined new parameters for shares included in KASE Index's
universe – portions of shares in free float and restrictive coefficients.
The table below shows new share parameters effective as of February 1, 2019
that influence the value of KASE Index.
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Ticker ISIN number of outstanding Free float Restrictive
shares (Fi), % coefficient (Ri)
------- ------------ --------------------- ---------- ----------------
CCBN KZ0007786572 162,456,800 35.9 1.0000000
GB_KZMS GB00B0HZPV38 458,379,033 51.8 0.0307351
HSBK KZ000A0LE0S4 11,754,054,397 25.5 0.0706850
KCEL KZ1C00000876 200,000,000 18.7 0.3098557
KEGC KZ1C00000959 259,998,610 10.0 0.5052912
KZTK KZ0009093241 10,707,323 23.0 0.3435254
KZTO KZ1C00000744 384,628,099 10.0 0.3916975
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Besides, following the mentioned decision of the Committee on Indices and
Securities Valuation, as of February 1, 2019 a new adjustment coefficient (K)
value – 5.5045976 will be used.
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 on 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 (the 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 the weight of influence of
each stock on the index value to fifteen percent.
[2019-01-31]