In December of 2003 volume of CS purchase and sale deals at KASE increased 2.0 times to $206.6 m

/IRBIS, Assel Omarova, Andrey Tcalyuk, January 7, 04/ - In December of 2003 at Kazakhstan Stock Exchange (KASE) 383 deals were made in corporate securities (CS) in all sectors of the market (excluding repo- transactions sector) for a total of KZT30,013.7 mn or $206.6 m at current rate of the Exchange effective on the day the deals were made. In comparison with November of 2003 volume of transactions increased by $101.2 m (KZT14.5 bn.) or 1.96 times (1.94 times in terms of tenge). Relative to December of 2002 volume of transactions rose by $76.1 m. (KZT14.0 bn.) or by 26.9% (by 31.8% in terms of tenge). Structure of CS turnover at KASE in December is presented in the following way: 72.7% of all conducted deals volume ($150,068.4 th.) fell to the stake of purchase and sale sector's transactions, stake of primary floatation transactions was 27.3% ($56,504.3 th.). No deals were made in SBS 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%. December demonstrated further and sharp development of CS purchase and sale market at exchange floor. Sectors of primary and secondary floatation hit fresh highs on volume of transaction for the whole history og KASE. As in November, activation of a named market sector was caused by mainly appearance of new corporate securities. Market capitalization of these societies at organized exchange increased in December by 9 percent or by $210 mn. Bonds looked more attractive rather than government securities, especially against a background of uncertainty caused by the Ministry of finance's intention to call MEAKAM. A year end factor traditionally positively influenced the liquidity degree of CS. At the same time it should be stressed that no significant qualitative changes at CS market occurred though. Following are the tables, which show stock exchange's CS market in December of 2003. Most tradable securities at the KASE in December 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 -------- ------------------------------ --------- --------- ------------- ------ KZMS Kazakhmys Corporation 40,175.0 5,864.8 1,217,286 9 VTBNp VALUT-TRANZIT BANK OJSC 10,053.6 1,454.0 4,084,113 25 KKGBb2 KAZKOMMERTSBANK OJSC 9,736.1 1,416.3 9,880 10 ASFIb2 Astana-finance OJSC 8,927.8 1,302.2 13,047,340 10 CCBN Bank CenterCredit OJSC 7,130.8 1,031.4 4,889,461 11 BTASb3 Bank TuranAlem JSC 6,857.7 996.3 65,500 15 VTBNb1 VALUT-TRANZIT BANK OJSC 5,872.8 858.9 57,630 8 BTASb2 Bank TuranAlem JSC 4,577.3 664.7 47,121 10 KZASb1 Kustanai Minerals JSC 3,821.6 557.8 36,800 4 VTZLb1 VALUT-TRANZIT ZOLOTO OJSC 3,515.2 505.0 500,000,000 1 KZIKb2 Kazakhstan Mortgage Company CJSC 3,172.6 459.0 438,000,000 10 RGBRb3 RG BRANDS OJSC 2,856.1 414.3 403,630,000 18 KZIKb3 Kazakhstan Mortgage Company CJSC 2,717.5 390.4 400,000,000 1 KZTOe1 KazTransOil CJSC 2,657.4 386.7 2,420,000 5 KKGBe3 Kazkommerts International B.V. 2,509.4 366.4 2,220,000 2 KZTCb1 KazTransCom OJSC 2,440.0 351.0 358,592,972 9 CSBNb2 BANK CASPIAN JSC 2,237.3 325.7 16,239 6 ORDBb1 Corporation Ordabasy OJSC 2,163.6 314.0 321,352 9 TEBNb3 TEMIRBANK OJSC 2,090.2 303.8 15,000 3 TXBNb1 TEXAKABANK OJSC 2,074.5 298.6 269,860 11 TEBN TEMIRBANK OJSC 1,985.9 289.0 282,320 26 YASYb1 YASSY OJSC 1,751.2 254.4 27,231 1 ALKS Almaty Kus OJSC 1,713.7 246.5 21,350,000 5 ASFIb3 Astana-finance OJSC 1,633.6 237.8 2,500,000 2 BRKZb1 Development Bank of 1,582.6 228.0 226,994 8 Kazakhstan JSC ATFBb2 ATFBank JSC 1,520.0 219.2 15,200 1 HSBKp Halyk Bank of Kazakhstan OJSC 1,386.5 203.0 1,214,101 3 INCAb1 INTERGAS CENTRAL ASIA CJSC 1,330.7 191.9 2,043,300 5 BTASe2 TuranAlem Finance B.V. 1,269.1 184.8 1,150,000 2 BTASb1 Bank TuranAlem JSC 1,214.2 175.4 10,363 11 TXBNb2 TEXAKABANK OJSC 1,184.1 172.2 173,550,000 5 CCBNb2 Bank CenterCredit OJSC 962.5 138.4 9,299 3 TEBNb2 TEMIRBANK OJSC 890.9 128.1 8,343 7 ZERD Zerde OJSC 870.8 125.8 52,705,221 14 HSBKb Halyk Bank of Kazakhstan OJSC 860.6 123.7 8,107 7 VTBN VALUT-TRANZIT BANK OJSC 838.3 121.7 347,711 8 HRLT CHARALTYN JSC 824.7 120.0 34,200,000 2 BTASe1 TuranAlem Finance B.V. 787.0 114.6 720,000 2 KKGBe2 KAZKOMMERTSBANK OJSC 564.8 82.0 520,000 1 HSBKb3 Halyk Bank of Kazakhstan OJSC 386.1 55.5 53,400,000 6 UTMK UKTMC OJSC 263.7 38.0 6,182 2 BRKZe2 Development Bank of 192.0 27.9 190,000 4 Kazakhstan JSC NFBN Neftebank OJSC 128.4 18.5 18,008 2 DNBN DANABANK OJSC 106.6 15.4 15,369 1 SYRGb1 PetroKazakhstan Oil Products JSC 106.4 15.5 1,030 1 BRKZe1 Development Bank of Kazakhstan JSC 42.6 6.2 40,000 4 KZTKb1 Kazakhtelecom 28.8 4.2 280 2 ALKSb2 Almaty Kus OJSC 28.0 4.1 283 7 EUBNb1 Eurasian bank JSC 11.7 1.7 1,700,000 1 ARNAb1 ARNA OJSC 7.2 1.0 100 1 HSBK Halyk Bank of Kazakhstan OJSC 5.8 0.8 7,477 7 KKGB KAZKOMMERTSBANK JSC 2.0 0.3 3,000 1 HSBKp7 Halyk Bank of Kazakhstan OJSC 0.5 0.1 500 1 CCBNb1 Bank CenterCredit OJSC 0.4 0.1 4 4 TMJLb2 NC KTZh CJSC 0.3 0.0 3 3 CSBN BANK CASPIAN JSC 0.3 0.0 3 3 -------- ------------------------------ --------- --------- ------------- ------ TOTAL 56 150,068.4 21,806.9 2,475,210,983 340 -------------------------------------------------------------------------------- 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 December 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 ---------- ----------- -------- ----------- ----- ---------- --------- Nov 28, 03 3,534.9 134.1068 2,322.5 7.78 152.09 25,027.4 Dec 1, 03 3,536.2 132.3529 2,355.7 7.77 152.41 15,152.1 Dec 2, 03 2,473.2 134.0532 2,358.3 7.79 152.85 13,758.8 Dec 3, 03 2,476.7 146.9131 2,390.6 7.80 152.81 17,960.0 Dec 4, 03 2,486.5 146.7401 2,392.9 7.70 153.37 20,872.1 Dec 5, 03 2,380.7 148.0206 2,424.8 7.68 153.55 36,134.3 Dec 8, 03 2,380.3 148.3871 2,426.4 7.69 153.62 5,857.1 Dec 9, 03 2,384.3 148.9122 2,426.7 7.69 153.59 4,821.9 Dec 10, 03 2,388.1 141.6093 2,434.3 7.63 153.97 6,152.6 Dec 11, 03 2,897.9 146.3424 2,434.1 7.65 153.88 3,423.8 Dec 12, 03 2,888.0 139.3715 2,432.2 7.66 153.95 5,612.8 Dec 13, 03 2,886.8 141.0214 2,496.5 7.60 154.37 20,431.8 Dec 18, 03 2,895.5 144.9152 2,514.6 7.64 154.24 4,234.2 Dec 19, 03 2,904.5 152.1424 2,518.3 7.59 154.59 4,113.3 Dec 22, 03 2,909.1 151.5639 2,519.2 7.62 154.61 2,374.1 Dec 23, 03 2,399.2 151.5483 2,505.7 7.54 154.86 2,908.1 Dec 24, 03 2,400.5 142.4053 2,507.4 7.58 154.81 3,877.7 Dec 25, 03 2,409.0 144.0772 2,509.5 7.60 154.73 10,022.1 Dec 26, 03 2,410.3 142.4990 2,508.0 7.59 154.77 14,750.7 Dec 29, 03 2,408.3 142.5322 2,517.9 7.66 154.48 6,006.3 Dec 30, 03 2,408.2 142.6727 2,516.4 7.61 154.80 8,091.6 Dec 31, 03 2,424.6 142.4260 2,532.5 7.62 154.80 17.2 ---------- ----------- -------- ----------- ----- ---------- --------- Trend -1,110.3 +8.3192 +210.0 -0.16 +2.71 -31.4% +6.2% +9.0% -2.1% +1.8% ---------------------------------------------------------------------------- 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. [2004-01-07]