KASE Stock Market Review in June 2022

08.07.22 11:55
/KASE, July 8, 2022/ – Kazakhstan Stock Exchange (KASE) presents an overview of the stock market in June 2022. --------------------------------------------------------------------------- Volume,billion tenge Change., % Change, % --------------------- June 30 May 31 ----------- --------- from 01.01.22 June May ---------- -------- -------- ---------- ------------- ----------- --------- KASE Index 2,674.72 2,661.53 +0.50 -27.22 6.1 2.5 --------------------------------------------------------------------------- During the first half of the year, the local stock market was characterized by high volatility due to a number of external and internal factors. The first signal of a trend change came at the end of last year, when the leading central banks announced the transition to a cycle of raising rates and reducing balance sheets. In January-February, geopolitical and economic risks increased, to which KASE Index reacted by decreasing from historical highs reached at the end of last year. In March, index companies published annual reports, which allowed them to change the trend of declining stock indicators. At the same time, in April-May, some Kazakhstani companies announced decisions to postpone the payment of dividends. In June, the dividend season took place. KazTransOil JSC and KEGOC JSC have paid the dividends approved earlier. JSC "Eco Center Bank" (DB JSC "Bank CenterCredit") announced on June 10 the payment of dividends on common shares for 2019-2021 in the total amount of 50.0 billion tenge or 91.17 tenge per common share. On June 27, JSC NC KazMunayGas paid dividends on common shares for 2021 totaling 200 billion tenge. Index basket companies also completed the publication of quarterly reports in June. Compared to the first quarter of last year, the net profit of Bank CenterCredit JSC increased from 2.6 to 11.3 billion tenge, Halyk Group – from 96.8 to 124.2 billion tenge, Kaspi.kz – from 74.7 to 102.7 billion tenge, Kazakhtelecom Group, including Kcell JSC – from 24.9 to 29.2 billion tenge. Against the background of continuing interest in nuclear energy and rising prices for uranium futures, the net profit of JSC NAC Kazatomprom for the first quarter increased to 62.1 billion tenge compared to 6.0 billion tenge for the same period last year. The decrease in the level of net profit in the first quarter, as well as at the end of the year, was recorded by KEGOC JSC – from 13.4 to 8.5 billion tenge and KazTransOil JSC – from 16.7 to 10.2 billion tenge. On June 23, 2022, S&P Global Ratings confirmed the long-term and short-term credit ratings of Freedom Holding Corp. and JSC "Freedom Finance" at the "B- /B" level. On June 27, Fitch Ratings confirmed the issuer's long-term default rating JSC "KazTransOil" in foreign currency at the level of "BBB-", the forecast is "Stable". In general, the successful dividend season, good quarterly reports of companies and confirmation of stability by international rating agencies allowed KASE Index to end the month with nine consecutive growth sessions. KASE index closed 0.5% higher at 2,674.72 points. -------------------------------------------------------------------------- Closing price, tenge change, % Trading volume, million tenge ------------------------- ------------- ----------------------------- ------------- June 30 May 31 Δ, % from 01.01.22 June May Δ, % ---- --------- --------- ----- ------------- --------- --------- --------- CCBN 430.54 381.00 +13.0 +8.2 1,643.6 1,307.9 +25.7 KCEL 1,098.43 993.95 +10.5 -32.5 3,201.8 163.5 +1,858.3 HSBK 114.79 107.00 +7.3 -38.6 378.4 362.9 +4.3 KZAP 12,038.00 11,800.00 +2.0 -28.7 370.9 187.7 +97.6 KEGC 1,605.00 1,641.25 -2.2 -14.2 194.7 43.2 +350.7 KZTO 685.00 723.99 -5.4 -37.4 152.4 158.6 -3.9 KZTK 26,999.98 29,293.5 -7.8 -24.6 43.2 82.1 -47.4 KSPI 24,240.00 26,563.00 -8.7 − 162.7 153.6 +5.9 -------------------------------------------------------------------------- KASE Stock Market: The capitalization of the stock market for the month decreased by 1.4% or 292.4 billion tenge to 20.9 trillion tenge (44.9 billion USD) mainly due to a decrease in the share price of a number of companies. In June, the shares of JSC "Life Insurance Company "Freedom Finance Life" were transferred from the "shares" sector of the alternative market to the "standard" category of the main market. --------------------------------------------------------------------- June 30 May 31 change change, % ----------------------------- --------- --------- --------- --------- Capitalization, billion tenge 20,885.41 21,177.81 -292.39 -1.4 Capitalization, million USD 44,907.14 49,551.48 -4,644.34 -9.4 --------------------------------------------------------------------- Change in the prices of shares included in the representative list for calculating the capitalization of the stock market as of June 30, 2022: -------------------------------------------------------------------------------------------------- Issuer Price change / (date of last transaction) change.,% ---------------------------------------------- ----------------------------------------- --------- JSC "Rahat" (RAHAT) 18,000.00 (29.06.22) 15,910.00 (17.05.22) +11.6 JSC "Bank CenterCredit 430.54 (30.06.22) 381.00 (31.05.22) +11.5 (CCBN) Kcell JSC (KCELL) 1,095.00 (30.06.22) 993.95 (31.05.22) +9.2 NOSTRUM OIL & GAS 62.00 (30.06.22) 59.00 (31.05.22) +4.8 PLC (GB_NTRM) JSC " Halyk’s Savings Bank Kazakhstan" (HSBK) 114.79 (30.06.22) 107.00 (31.05.22) +6.8 JSC "BAST" (BAST) 8,515.00 (30.06.22) 8,005.00 (27.05.22) +6.0 Mangistaumunaigas JSC" 6,305.00 (30.06.22) 6000 (31.05.22) +4.8 (MMGZp) JSC "KM GOLD" (KMGD) 200.00 (30.06.22) 299.95 (31.05.22) -50.0 AltynGold plc (GB_ALTN) 729.18 (30.06.22) 844.33 (31.05.22) -15.8 Kazakhtelecom JSC 20,000.00 (30.06.22) 22,830.00 (31.05.22) -14.2 (KZTKp) JSC Kaspi.kz (KSPI) 24,240.00 (30.06.22) 26,563.00 (31.05.22) -9.6 Kazakhtelecom JSC (KZTK) 26,999.98 (30.06.22) 29,297.00 (31.05.22) -8.5 KazTransOil JSC (KZTO) 685.00 (30.06.22) 723.99 (31.05.22) -5.7 -------------------------------------------------------------------------------------------------- [2022-07-08]