Within the first 9 months of 2003 volume of all transactions at KASE reached equivalent of $23,868.1 m and grew 1.5 times

/IRBIS, October 6, 03/ - Within the first nine months of 2003 total volume of transactions made in all sectors of the Kazakhstan Stock Exchange (KASE) reached equivalent of $23,868.1 m, or KZT3,581.0 bn. Compared to similar period of 2002, volume of transactions increased by 53.6% measured in dollars and by 50.4% measured in tenge. Relative to previous nine-month period (April-December of 2002) stock exchange's turnover increased by 22.0% measured in dollars and 18.6% measured in tenge. Following is the comparative table of volumes of deals made at KASE within the mentioned periods, as well as dynamics of the turnover structure of the Exchange's market (m. USD, unless otherwise specified). The calculation was made in terms of dollars. --------------------------------------------------- - ------------------------ Rel. Relative to corr. month of 2002: to previous period: ------------------------- ------------------------ Market's Jan- trend in: trend in: sector of Sep Jan-Sep ---------------- Apr-Dec --------------- KASE 2003 2002 m USD % 2002 m USD % ---------------- -------- -------- -------- ------- - -------- -------- ------ Foreign 4,274.5 1,797.9 +2,476.6 +137.7 2,532.7 +1,741.8 +68.8 currencies 17.9% 11.6% , 12.9% ---------------- -------- -------- -------- ------- - -------- -------- ------ Futures 1,907.6 556.8 +1,350.8 +242.6 577.4 +1,330.1 +230.4 contracts 8.0% 3.6% , 3.0% ---------------- -------- -------- -------- ------- - -------- -------- ------ GS 1,512.3 1,122.6 +389.7 +34.7 1,528.5 -16.3 -1.1 6.3% 7.2% , 7.8% ---------------- -------- -------- -------- ------- - -------- -------- ------ CS 658.8 250.7 +408.1 +162.8 521.8 +137.0 +26.3 2.8% 1.6% , 2.7% ---------------- -------- -------- -------- ------- - -------- -------- ------ Repo (CS and 15,514.9 11,813.6 +3,701.3 +31.3 14,403.4 +1,111.4 +7.7 GS) total 65.0% 76.0% 73.6% ---------------- -------- -------- -------- ------- - -------- -------- ------ inc. repo on GS, 2,012.0 1,361.5 +650.4 +47.8 2,104.7 -92.8 -4.4 direct 8.4% 8.8% 10.8% ---------------- -------- -------- -------- ------- - -------- -------- ------ inc. auto- 13,202.1 10,387.1 +2,815.0 +27.1 12,161.4 +1,040.7 +8.6 repo on GS 55.3% 66.8% 62.2% ---------------- -------- -------- -------- ------- - -------- -------- ------ inc. repo on CS, 228.5 64.4 +164.2 +255.0 133.6 +94.9 +71.1 direct 1.0% 0.41% 0.7% ---------------- -------- -------- -------- ------- - -------- -------- ------ inc. auto- 72.3 0.58 +71.7 +12,267 3.7 +68.6 +1,837 ---------------- -------- -------- -------- ------- - -------- -------- ------ repo on CS 0.30% 0.004% , 0.02% ---------------- -------- -------- -------- ------- - -------- -------- ------ Promissory notes 0.096 0.023 +0.073 +309.7 0 +0.096 X 0.0004% 0.0002% , 0% ---------------- -------- -------- -------- ------- - -------- -------- ------ TOTAL 23,868.1 15,541.6 +8,326.4 +53.6 19,563.9 4,304.2 +22.0 100% 100% , 100% --------------------------------------------------- - ------------------------ The table visually illustrates main tendencies of the year at Kazakhstan stock market. They are: - growth of money turnover in all segments of the market; - increase of the stake in the turnover of transactions on foreign currency and currency futures as a result of exporters' big offer volume of dollars inside the country, and also rather high speculative potential of USD because of its rate's volatility; - falling of the stake of government securities (GS) turnover because of low investment attractiveness of these bonds (September's events have not influenced much upon resulting indicators of the year); - the continued growth of the stake of corporate securities (CS) turnover as the result of constant increasing of capitalization of this segment of the market because of new bonds issues and growth of number of shares issues, which passed listing procedure at KASE; - gradual decreasing of the stake of repo sector, which was caused by less active participation of main suppliers of free money in it: National Bank and pension market's subjects. Following is the table with the dynamics of the turnover of the Exchange in last 7 months, which is grouped by months and market sectors (both in KZT and USD). ---------------------------------------------------------------------------- Market Indica- -------- ------- ------- ------- -------- --------- ------- sector tor III-2003 IV-2003 V-2003 VI-2003 VII-2003 VIII-2003 IX-2003 -------- ------- -------- ------- ------- ------- -------- --------- ------- In million US dollars -------- ------- -------- ------- ------- ------- -------- --------- ------- Foreign volume 356.6 398.6 393.0 567.5 426.9 574.2 643.4 Currency % 18.9 16.5 17.5 16.1 14.7 15.7 22.9 -------- ------- -------- ------- ------- ------- -------- --------- ------- Futures volume 1.51 0.005 0 1,050.0 0 763.0 92.6 % 0.08 0.0002 0 29.8 0 20.8 3.3 -------- ------- -------- ------- ------- ------- -------- --------- ------- GS volume 160.8 87.8 137.0 108.7 174.0 192.7 231.8 % 8.5 3.6 6.1 3.1 6.0 5.3 8.3 -------- ------- -------- ------- ------- ------- -------- --------- ------- CS volume 41.6 82.7 198.2 45.9 40.2 82.2 58.1 % 2.2 3.4 8.8 1.3 1.4 2.2 2.1 -------- ------- -------- ------- ------- ------- -------- --------- ------- REPO volume 1,323.9 1,846.6 1,518.3 1,756.6 2,255.7 2,050.4 1,777.6 % 70.3 76.4 67.6 49.8 77.9 56.0 63.4 -------- ------- -------- ------- ------- ------- -------- --------- ------- Promis. volume 0 0 0 0 0 0 0 notes % 0 0 0 0 0 0 0 -------- ------- -------- ------- ------- ------- -------- --------- ------- TOTAL 1,884.5 2,415.7 2,246.5 3,528.7 2,896.9 3,662.6 2,803.5 -------- ------- -------- ------- ------- ------- -------- --------- ------- In billion tenge -------- ------- -------- ------- ------- ------- -------- --------- ------- Foreign volume 54.0 60.6 59.3 84.5 62.7 84.3 95.2 Currency % 18.9 16.5 17.5 16.1 14.7 15.6 22.9 -------- ------- -------- ------- ------- ------- -------- --------- ------- Futures volume 0.23 0.001 0 157.2 0 113.3 13.9 % 0.08 0.0002 0 29.9 0 21.0 3.4 -------- ------- -------- ------- ------- ------- -------- --------- ------- GS volume 24.4 13.3 20.7 16.2 25.6 28.3 34.3 % 8.5 3.6 6.1 3.1 6.0 5.3 8.3 -------- ------- -------- ------- ------- ------- -------- --------- ------- CS volume 6.3 12.6 29.9 6.8 5.9 12.1 8.6 % 2.2 3.4 8.8 1.3 1.4 2.2 2.1 -------- ------- -------- ------- ------- ------- -------- --------- ------- REPO volume 200.5 280.7 229.2 261.5 331.4 300.9 262.9 % 70.2 76.4 67.6 49.7 77.9 55.8 63.4 -------- ------- -------- ------- ------- ------- -------- --------- ------- Promis. volume 0 0 0 0 0 0 0 -------- ------- -------- ------- ------- ------- -------- --------- ------- notes % 0 0 0 0 0 0 0 -------- ------- -------- ------- ------- ------- -------- --------- ------- TOTAL 285.5 367.2 339.1 526.2 425.6 538.8 415.0 ---------------------------------------------------------------------------- Notes: in GS sector only deals of the primary market and purchase and sale in the secondary market are considered; in CS sector only deals of the primary market and purchase and sale in the secondary market (including SBS) are considered; in REPO sector repo transactions with GS and CS are considered, including auto repo. [2003-10-06]