Exchange simulator: trading volume on November 16–20 reaches KZT734.4 mln

23.11.20 12:53
/KASE, November 23, 2020/ – As announced earlier, a training competition called "Exchange simulator", organized by Kazakhstan Stock Exchange (KASE) is conducted from November 16 to December 15, 2020. Over the first week of the competition (November 16–20) the amount of training trading reached KZT734.4 mln. The average daily volume of deals in the mentioned period exceeded KZT146.9 mln. Below is the information on deals concluded, by instrument, in the period from November 16 to November 20: ----------------------------------------- Ticker Number of deals Amount, mln tenge ------- --------------- ----------------- BAST 115 14.0 CCBN 328 29.2 GB_KZMS 617 102.3 HSBK 679 68.3 KCEL 463 69.5 KEGC 381 42.8 KZAP 400 67.0 KZTK 486 113.2 KZTO 824 127.7 RU_SBER 369 41.7 RU_VTBR 184 7.5 US_BAC_ 374 51.2 ------- --------------- ----------------- Total 5,220 734.4 ----------------------------------------- The maximum number and maximum volume of deals, concluded by one participant – 139 and KZT49.4 mln, respectively. Currently, 987 students from more than 30 various educational institutions have been registered to participate in the "Exchange simulator" project. The goal of the project is to increase the financial literacy of young professionals who wish to acquire practical skills for operation in the stock market. Students are provided with the opportunity to trade the most liquid securities of Kazakhstan's market, most of which are included in KASE Index. Each participant at the beginning of trading is provided with a portfolio worth one million tenge for management. The main task of students is to form the best portfolio, which will determine the winners of the competition. This competition has been conducted by KASE group of companies since 2008. [2020-11-23]