Within the first 10 months of 2003 volume of all transactions at KASE reached equivalent of $26,644.0 m and grew 1.5 times

/IRBIS, November 5, 03/ - Within the first ten months of 2003 total volume of transactions made in all sectors of the Kazakhstan Stock Exchange (KASE) reached equivalent of $26,644.0 m, or KZT3,991.5 bn. Compared to similar period of 2002, volume of transactions increased by 49.5% measured in dollars and by 46.0% measured in tenge. Relative to previous ten-month period (March-December of 2002) stock exchange's turnover increased by 24.5% measured in dollars and 21.0% 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. to corr. Relative to month of 2002: previous period: -------------------------- -------------------------- Market's Jan- trend in: trend in: sector of Oct Jan-Oct ----------------- Mar-Dec ----------------- KASE 2003 2002 m USD % 2002 m USD % ---------------- -------- -------- -------- -------- -------- -------- -------- Foreign 4,926.3 2,164.9 +2,761.5 +127.6 2,689.5 +2,236.9 +83.2 currencies 18.5% 12.1% 12.6% ---------------- -------- -------- -------- -------- -------- -------- -------- Futures 1,907.6 566.8 +1,340.8 +236.5 659.0 +1,248.6 +189.5 contracts 7.2% 3.2% 3.1% ---------------- -------- -------- -------- -------- -------- -------- -------- GS 1,724.1 1,296.5 +427.5 +33.0 1,704.7 +19.4 +1.1 6.5% 7.3% 8.0% ---------------- -------- -------- -------- -------- -------- -------- -------- CS 713.3 301.2 +412.1 +136.8 548.4 +164.9 +30.1 2.7% 1.7% 2.6% ---------------- -------- -------- -------- -------- -------- -------- -------- Repo (CS and 17,372.6 13,496.0 +3,876.5 +28.7 15,807.4 +1,565.2 +9.9 GS) total 65.2% 75.7% 73.8% ---------------- -------- -------- -------- -------- -------- -------- -------- inc. repo on GS, 2,282.2 1,481.7 +800.5 +54.0 2,349.6 -67.4 -2.9 direct 8.6% 8.3% 11.0% ---------------- -------- -------- -------- -------- -------- -------- -------- inc. auto- 14,763.8 11,939.4 +2,824.5 +23.7 13,316.7 +1,447.1 +10.9 repo on GS 55.4% 67.0% 62.2% ---------------- -------- -------- -------- -------- -------- -------- -------- inc. repo on CS, 238.9 73.9 +165.0 +223.3 137.3 +101.5 +73.9 direct 0.9% 0.41% 0.6% ---------------- -------- -------- -------- -------- -------- -------- -------- inc. auto- 87.7 1.10 +86.6 +7,834.9 3.7 +83.9 +2,249.3 ---------------- -------- -------- -------- -------- -------- -------- -------- repo on CS 0.33% 0.006% 0.02% ---------------- -------- -------- -------- -------- -------- -------- -------- Promissory notes 0.096 0.023 +0.073 +309.7 0.023 +0.073 +309.7 0.0004% 0.0001% 0.0001% ---------------- -------- -------- -------- -------- -------- -------- -------- TOTAL 26,644.0 17,825.5 +8,818.5 +49.5 21,408.9 +5,235.1 +24.5 100% 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 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; - 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 IV-2003 V-2003 VI-2003 VII-2003 VIII-2003 IX-2003 X-2003 -------- ------- ------- ------- ------- -------- --------- ------- ------- In million US dollars --------------------------------------------------------------------------- Foreign volume 398.6 393.0 567.5 426.9 574.2 643.4 651.8 Currency % 16.5 17.5 16.1 14.7 15.7 22.9 23.5 -------- ------- ------- ------- ------- -------- --------- ------- ------- Futures volume 0.005 0 1,050.0 0 763.0 92.6 0.03 % 0.0002 0 29.8 0 20.8 3.3 0.001 -------- ------- ------- ------- ------- -------- --------- ------- ------- GS volume 87.8 137.0 108.7 174.0 192.7 231.8 211.8 % 3.6 6.1 3.1 6.0 5.3 8.3 7.6 -------- ------- ------- ------- ------- -------- --------- ------- ------- CS volume 82.7 198.2 45.9 40.2 82.2 58.1 54.5 % 3.4 8.8 1.3 1.4 2.2 2.1 2.0 -------- ------- ------- ------- ------- -------- --------- ------- ------- REPO volume 1,846.6 1,518.3 1,756.6 2,255.7 2,050.4 1,777.6 1,857.7 % 76.4 67.6 49.8 77.9 56.0 63.4 66.9 -------- ------- ------- ------- ------- -------- --------- ------- ------- Promis. volume 0 0 0 0 0 0 0 notes % 0 0 0 0 0 0 0 -------- ------- ------- ------- ------- -------- --------- ------- ------- TOTAL 2,415.7 2,246.5 3,528.7 2,896.9 3,662.6 2,803.5 2,775.9 --------------------------------------------------------------------------- In billion tenge --------------------------------------------------------------------------- Foreign volume 60.6 59.3 84.5 62.7 84.3 95.2 96.4 Currency % 16.5 17.5 16.1 14.7 15.6 22.9 23.5 -------- ------- ------- ------- ------- -------- --------- ------- ------- Futures volume 0.001 0 157.2 0 113.3 13.9 0.004 % 0.0002 0 29.9 0 21.0 3.4 0.001 -------- ------- ------- ------- ------- -------- --------- ------- ------- GS volume 13.3 20.7 16.2 25.6 28.3 34.3 31.4 % 3.6 6.1 3.1 6.0 5.3 8.3 7.6 -------- ------- ------- ------- ------- -------- --------- ------- ------- CS volume 12.6 29.9 6.8 5.9 12.1 8.6 8.1 % 3.4 8.8 1.3 1.4 2.2 2.1 2.0 -------- ------- ------- ------- ------- -------- --------- ------- ------- REPO volume 280.7 229.2 261.5 331.4 300.9 262.9 274.7 % 76.4 67.6 49.7 77.9 55.8 63.4 66.9 -------- ------- ------- ------- ------- -------- --------- ------- ------- Promis. volume 0 0 0 0 0 0 0 -------- ------- ------- ------- ------- -------- --------- ------- ------- notes % 0 0 0 0 0 0 0 -------- ------- ------- ------- ------- -------- --------- ------- ------- TOTAL 367.2 339.1 526.2 425.6 538.8 415.0 410.5 --------------------------------------------------------------------------- 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. [2003-11-05]