Quotation of common shares of Corporation Kazakhmys OJSC again make key influence upon behavior of the index KASE_Shares

26.11.02 00:00
/IRBIS, November 26, 02/ - By the results of trades on corporate securities at Kazakhstan stock exchange (KASE) on November 26 index KASE_Shares, which reflect change of demand prices for shares of KASE's official securities list of "А" category taking into account their issuers' market capitalization, has increased to historically maximal value - 136.3088. Relative to previous trading day the index has risen by 6.3%. Results of the conducted analysis allow IRBIS specialists to state that the described dynamics of the index was aroused by increase, relative to previous day, of demand price for common inscribed shares of Corporation Kazakhmys OJSC (Zheskazgan, trade code KZMS, NIN - KZ1C44930010) from KZT8,230.00 to KZT10,000.00 for security (by KZT1,770.00 or 21.5%). This, in its turn, was caused by conducting at KASE on November 26 of 13 deals with KZMS to the total amount of USD1,447,942.59. Deals were made in the price corridor KZT12,000.00 - 16,203.00. Weighted average price by the results of the trade equaled to KZT14,677.27 per share that according to the current rate equals to USD95.12. It is notable that 7 KASE's members took part in the mentioned deals, who operated with 9 depo-accounts (own ones and clients' ones). It's also notable that one pension assets management company participated as the main purchaser of KZMS. The given data prove the fact that one day before the planned sale of state block of shares of Corporation Kazakhmys OJSC stock exchange's participants' interest in these shares is growing, and liquidity of KZMS at KASE is estimated as unexampled high for shares. [2002-11-26]