In October of 2003 volume of CS purchase and sale deals at KASE decreased by 6.2% to $54.5 m

/IRBIS, November 5, 03/ - In October of 2003 at the Kazakhstan Stock Exchange (KASE) 200 deals were made in corporate securities (CS) in all sectors of the market (excluding repo-transactions sector) for a total of KZT8.1 bn or $54.5 m at current rate of the Exchange effective on the day the deals were made. In comparison with September of 2003 volume of transactions decreased by $3.6 m (KZT574.9 m.) or by 6.2% (by 6.7% in terms of tenge). Relative to October of 2002 volume of transactions rose by $4.0 m. (KZT250.3 m.) or by 7.9% (by 3.2% in terms of tenge). Structure of CS turnover at KASE in October is presented in the following way: the whole volume of conducted deals ($54,494.4 th.) fell to the stake of purchase and sale sector's transactions. No transactions were made in SBS sector and in primary floatation sector. For comparison, the structure of stock exchange's CS sector in 2002 was characterized by the following indicators: 5.5% of transactions volume fell to the share of primary floatation; to the share of SBS - 33.1%; to the share of purchase and sale sector - 61.4%. 24 corporate bonds and 14 shares were involved into deals of CS purchase and sale sector in October. 75.3% of the turnover ($41,026.6 th.) fell to the stake of bonds. 36 deals out of 111 were direct. Most transactions (99.3% regarding the volume) fall to the stake of bonds of KASE's official "А" listing category. The other deals were made in securities of the same list of "В" category. Shares controlled 24.7% ($13,467.7 th.) of the exchange's CS turnover. In October 89 deals were made with them at the stock exchange, 49 of which were direct ones. Stake of shares of KASE's official list of "А" category was 98.7% of the turnover, 1.0% of deals was made with securities of the same list of "В" category, 0.3% - with shares of "Non-listing securities" sector. In the opinion of IRBIS specialists, an insignificant falling of CS turnover at KASE in October is not principal, it's been caused by absence of primary offerings and it reflects working fluctuations of the volume. The reached level of the turnover is very close to average monthly indicator of the current year. Unfortunately, CS market in Kazakhstan remains narrow. No marked tendency of the growth of purchase and sale deals volume is observed in this year. Structure of the turnover of stock exchange's market of CS purchase and sale has not changed fundamentally relative to September. It just should be noted that bonds turnover has visibly grown. Their stake in September did not exceed 42.2%. Following are the tables, which show stock exchange's CS market in October of 2003. Most tradable securities at the KASE in October of 2003 (purchase and sale only, excluding deals in SBS and primary floatation) --------------------------------------------------------------------------- Code Volume of Volume of Volume of Number of deals, deals, deals in of security Brief title of the issuer th. USD m, KZT securities deals -------- ------------------------- --------- --------- ------------- ------ KZIKb2 Kazakhstan 8,768.04 1,293.76 1,243,000,000 12 Mortgage Company CJSC CCBN Bank CenterCredit OJSC 8,344.81 1,235.04 6,321,688 16 ASFIb2 Astana-finance OJSC 4,766.25 704.38 7,157,480 29 ATFBb2 ATFBank OJSC 4,363.89 645.74 42,630 4 BRKZb1 Development Bank 4,068.41 599.25 576,200 6 of Kazakhstan JSC KKGBe3 Kazkommerts 3,998.88 589.69 3,500,000 3 International B.V. VTBN VALUT-TRANZIT 3,327.28 492.09 1,470,859 21 BANK OJSC HSBKb3 Halyk Bank of 3,259.67 481.40 467,000,000 6 Kazakhstan OJSC ASBNb1 Alliance Bank OJSC 2,419.60 358.17 391,000,000 2 VTBNb1 VALUT-TRANZIT 2,027.52 300.10 20,283 6 BANK OJSC CSBNb2 BANK CASPIAN JSC 2,003.92 296.09 14,470 7 TXBNb1 TEXAKABANK OJSC 1,864.20 275.30 252,340 9 CCBNb2 Bank CenterCredit OJSC 1,092.86 161.70 10,210 4 TEBN TEMIRBANK OJSC 746.20 110.59 110,589 25 KZTKb1 Kazakhtelecom 683.94 100.98 6,700 1 ALKS Almaty Kus OJSC 656.44 97.17 9,561,100 5 RGBRb3 RG BRANDS OJSC 605.20 89.48 88,930,000 4 ARNAb1 ARNA OJSC 406.62 60.00 5,797 5 VITAb3 VITA OJSC 200.14 29.52 297,500 2 ZERD Zerde OJSC 133.10 19.70 9,850,376 2 VTBNp VALUT-TRANZIT 133.00 19.68 52,514 6 BANK OJSC ALKSb2 Almaty Kus OJSC 121.14 18.00 1,200 2 KZNHb1 KAZNEFTEHIM LLP 81.37 12.00 11,900 2 BTASb1 Bank TuranAlem JSC 74.03 10.94 645 1 KZMS Corporation 73.88 10.91 2,629 4 Kazakhmys JSC TEBNb3 TEMIRBANK OJSC 67.84 10.02 500 1 TXBNb2 TEXAKABANK OJSC 63.00 9.28 9,000,000 1 BTASb2 Bank TuranAlem JSC 61.63 9.11 644 1 KTTH Kaztorgtekhnika OJSC 45.77 6.80 8,000 2 KZTOe1 KazTransOil CJSC 10.86 1.61 10,000 1 ORDBb1 Corporation 10.71 1.59 1,600 1 Ordabasy OJSC KZPSb1 Kazpost OJSC 6.86 1.01 1,000 1 HSBK Halyk Bank of 3.12 0.46 3,826 2 Kazakhstan OJSC CSBN BANK CASPIAN JSC 2.18 0.32 1,888 1 KZTKp Kazakhtelecom 1.03 0.15 103 2 MMGZp Mangistaumunaigas OJSC 0.56 0.08 98 1 RAHT Rakhat JSC 0.44 0.06 810 1 CSBNp BANK CASPIAN JSC 0.06 0.01 50 1 --------------------------------------------------------------------------- Comments: The securities were sorted in descending order based on the volumes of deals expressed in U.S. dollars. Small letters in the securities codes have the following meanings: "p" - preferred inscribed share; "b" - bond: "e" - eurobond; the rest - common inscribed share. The figure shows the number of the bond issue. If there is no figure (old code) it implies that it is the first issue. Table of main indicators of the stock exchange's CS market in October of 2003 ------------------------------------------------------------------------ Capitaliza- Capitaliza- tion tion Bond value Volume of of the of the index, purchase share bonds Bonds including and sale market, Share market, yield accum deals, Date m, USD index m, USD index interest th. USD ---------- ----------- -------- ----------- ------- ---------- --------- Sep 30, 03 2,347.1 139.0547 2,151.4 7.4442 147.8550 20,051.8 Oct 1, 03 2,249.6 133.4984 2,152.6 7.4362 147.9777 680.7 Oct 2, 03 2,249.2 133.5008 2,152.5 7.4434 147.8976 1,947.1 Oct 3, 03 2,250.1 133.1865 2,152.0 7.4345 147.9503 1,956.0 Oct 6, 03 2,251.3 133.1666 2,152.2 7.4069 148.2449 206.8 Oct 7, 03 2,250.9 131.8583 2,152.0 7.4062 148.2550 661.0 Oct 8, 03 2,255.8 133.9391 2,153.2 7.4221 148.1944 1,540.8 Oct 9, 03 2,264.5 133.4976 2,159.0 8.1262 144.8909 5,126.2 Oct 10, 03 2,269.8 133.6833 2,160.0 8.1232 145.0975 1,386.3 Oct 13, 03 2,269.2 133.6952 2,157.6 7.4062 147.9274 10,148.9 Oct 14, 03 2,271.7 133.6573 2,158.0 7.4117 147.9196 2,533.4 Oct 15, 03 2,270.3 133.6833 2,157.8 7.4176 147.9080 229.8 Oct 16, 03 2,258.7 133.5709 2,158.9 7.4198 147.9088 535.2 Oct 17, 03 2,266.3 133.6812 2,158.2 7.4174 147.9312 4,060.3 Oct 20, 03 2,259.2 133.9099 2,156.6 7.4117 148.1491 581.4 Oct 21, 03 2,260.6 131.6349 2,158.1 7.4215 148.1559 2,238.8 Oct 22, 03 2,258.6 133.9239 2,157.5 7.4055 148.1721 463.7 Oct 23, 03 2,252.2 133.9844 2,156.4 7.4077 148.1331 7,422.3 Oct 24, 03 2,248.6 134.0342 2,132.1 7.4232 148.0817 1,194.8 Oct 28, 03 2,269.4 134.3803 2,133.3 7.3802 148.4429 2,871.6 Oct 29, 03 2,270.2 134.1007 2,133.0 7.3838 148.4912 936.1 Oct 30, 03 2,270.5 134.0767 2,133.7 7.3974 148.4012 3,425.1 Oct 31, 03 2,274.4 133.9945 2,135.1 7.3994 148.3938 4,348.2 ---------- ----------- -------- ----------- ------- ---------- --------- Trend -72.7 -5.0602 -16.3206 -0.0448 +0.5388 -3.10% -3.64% -0.76% -0.60% +0.36% ------------------------------------------------------------------------ Comments: The shares index (KASE_Shares) reflects the changes in the bids on the shares from the official Exchange's securities list of "A" category, including the market capitalization of their issuers. The capitalization of the bonds market - indicator that reflects the volume of corporate debt circulating on the KASE as the bonds of the companies. It is calculated on the basis of the number of issued bonds and the bonds admitted to the trades and their market values. In case of the absence of the last figure, face value is used instead. Capitalization of the shares market - indicator that reflects the market capitalization of the companies whose shares were entered into official list of the KASE securities. It is calculated on the basis of the number of issued shares and their last market values. In case of the absence of the deals the face values of the securities, expressed in U.S. dollars (if necessary) at the rate of the Exchange for the current day, are used. Bonds yield index (KASE_BY) - weighted average (through capitalization) yield of the corporate bonds of category "A" of the KASE official list, which is calculated based on the deals or average bids of the market-makers (if there is no deal). Index of bonds yield with accumulated interest (KASE_BP) - weighted average (through capitalization) "dirty" price of the corporate bonds of category "A" of the KASE official list, which is calculated based on the deals or average bids of the market-makers (if there is no deal). Purchase-sale deals volume includes the deals made in state blocks of shares and volume of primary floatations at KASE's specialized trades but it doesn't take into account repo transactions. [2003-11-05]