Overview of KASE equity market in February 2023

/KASE, March 16, 2023/ – Kazakhstan Stock Exchange ( KASE ) presents an overview of the equity market in February 2023. The volume of trading in shares in February amounted to 28.1 billion tenge, having increased relative to January by 47.7% or 9.1 billion tenge. The average daily trading volume was 1.4 billion tenge, the average daily number of deals – 2,369, the average volume of one deal – 592.8 thousand tenge. Shares were traded in February exclusively on the secondary market. KASE Index in February increased by 1.2 % and by the end of the month amounted to 3 338.90 points. The maximum value was recorded on February 17 – 3,382.79 points. --------------------------------------------------------------------- Δ, % Volume, billion tenge 28 31 --------------------- February January Δ, % from 01.01.23 February January* ---------- -------- -------- ---- ------------- ---------- ---------- KASE Index 3338.90 3,299.91 +1.2 +2.7 23.1 17.7 --------------------------------------------------------------------- * taking into account common shares of National Company KazMunayGas JSC The volume of transactions in index shares in February amounted to 22.3 billion tenge, which is by 19.0 billion tenge higher than in January. This is due to the fact that since February 3 common shares of National Company KazMunayGas JSC have been included in the list of shares for KASE Index calculation. ------------------------------------------------------------------ Last deal price, Trading volume, tenge per share Δ , % million tenge --------------------------- -------- ------------------------ February 28 January 31 from Δ, % 01.01.23 February January Δ, % ---- ----------- ---------- ---- -------- -------- -------- ------ KSPI 34,844.00 33,557.22 +3.8 +5.0 322.7 125.3 +157.5 HSBK 127.30 122.95 +3.5 +0.7 236.9 488.3 -51.5 KMGZ 9,765.00 9,520.10 +2.6 - 20,303.2 14,366.9 +41.3 KCEL 1,771.00 1,750.00 +1.2 +2.7 1,228.3 1,247.7 -1.6 KZTK 29,490.01 29,190.00 +1.0 +4.0 163.2 339.7 -52.0 KZTO 708.99 710.00 -0.1 -3.4 109.2 127.8 -14.6 KEGC 1,618.89 1,622.00 -0.2 -0.1 43.6 43.7 -0.2 CCBN 630.00 634.69 -0.7 -1.6 237.9 83.5 +185.0 KZAP 13,601.32 14,216.81 -4.3 +5.6 461.0 828.3 -44.3 ------------------------------------------------------------------ The largest growth in February was shown by shares of representatives of the financial sector: common shares of Kaspi.kz JSC grew by 3.8%, common shares of Halyk Savings Bank of Kazakhstan JSC – by 3.5%. According to the data of the National Bank of Kazakhstan, the net profit of Halyk Savings Bank of Kazakhstan JSC for 2022 according to non-consolidated statements increased by 14.3% to 539 billion tenge. The net profit of the Kaspi.kz group increased by 36% over the same period. The Group completed its third share buyback program, resulting in the purchase of $180 million worth of GDRs. Kaspi's Board of Directors recommended paying dividends for the fourth quarter of 2022 in the amount of 600 tenge per GDR, and forecasts for the current year were also announced: by the end of 2023, Kaspi.kz's net profit is predicted to grow by 25%. Common shares of Kazakhtelecom JSC and its subsidiary Kcell JSC grew by 1.0% and 1.2%, respectively. The CFO of Kazakhtelecom announced on February 9 that, according to preliminary data, the results of the company's activities exceeded the targets for 2022. In addition, on February 23, Kazakhtelecom announced the provision of a line of credit to Kcell and Mobile Telecom-Service in the amount of 40 billion tenge to finance capital expenditures for a 5G implementation project in Kazakhstan. Common shares of KazTransOil JSC completed February with an insignificant decrease by 0.1%. On February 25, KazTransOil JSC delivered 20 thousand tons of Kazakh oil to the system of main oil pipelines of Transneft PJSC for further delivery to Germany. Common shares of KEGOC ended the month with a decrease of 0.2 %. On February 6, Fitch Ratings affirmed the rating of KEGOC at the level of "BBB-" with a stable outlook. Common shares of Bank CenterCredit JSC lost 0.7% in February. On February 9, the bank announced its intention to pay dividends on preferred shares for 2022 from February 15 to March 17 in the amount of 42.00 tenge per share. The price of common shares of National Atomic Company Kazatomprom JSC decreased by 4.3% in February, while following the results of two months it showed the largest increase among index shares – 5.6%. From the corporate events of the company: on February 9, Yellow cake exercised an option to purchase 1.35 million pounds of uranium from NAC Kazatomprom JSC at a price of $48.9 per pound (at a market price of $50.5 per pound) with delivery in the second half of 2023. An important event of February was the inclusion of securities of National Company KazMunayGas JSC in the list of shares for the calculation of KASE Index from February 3. Since the placement of KazMunayGas shares as part of the IPO held in December 2022, and until the end of February, the company's shares increased by 16.2 % The company published positive operating results for 2022: compared to 2021, the volume of oil and gas condensate production increased by 1.7% to 22 million tons, the volume of oil transportation increased by 0.1% to 74.7 million tons, the volume of hydrocarbon processing at Kazakhstani and Romanian refineries – by 5.7% to 19.9 million tons. KASE equity market At the end of February 2023, the capitalization of the equity market amounted to 21.9 trillion tenge (48.7 billion USD), which is by 177.7 billion tenge, or 0.8%, higher than the same indicator of the previous month. The main share of the growth came from the capitalization of Kaspi.kz JSC, NC KazMunayGas JSC and Halyk Savings Bank of Kazakhstan JSC due to an increase in the price of their shares. ----------------------------------------------------------------------- February 28 January 31 Change Change, % ----------------------- ---------------- ---------- --------- --------- Capitalization, bn KZT 21,865.31 21,687.60 +177.71 +0.8 Capitalization, mln USD 48,682.62 47,155.16 +1,527.46 +3.2 ----------------------------------------------------------------------- As of the end of February, shares of 105 names of 91 issuers were listed on KASE, of which shares of three names of three issuers were admitted to circulation in the " Non-listing securities" sector. Changes in the prices of shares included in the representative list for calculating the capitalization of the equity market, as of February 28 , 2023: ----------------------------------------------------- Price / (date) Change, Issuer of last deal % ---------------------- --------------------- -------- Bank CenterCredit JSC 455.00 420.00 (CCBNp ) (28.02.23) (31.01.23) +8.3 BAST JSC 9 198.00 9 900.00 (BAST) (28.02.23) (31.01.23) -7.1 ----------------------------------------------------- * the table shows price changes by shares exceeding +/- 5%. [2023-03-16]