Overview of KASE equity market in April 2023

/KASE, May 22, 2023/ – Kazakhstan Stock Exchange (KASE) presents an overview of the equity market in April 2023. KASE Index in April increased by 6.2 % and amounted to 3,559.90 points by the end of the month. Based on results of the month, eight out of nine representatives of the index basket closed in the green zone. Most companies announced preliminary dividend payouts for 2022, and also provided results for the first quarter of 2023. ------------------------------------------------------------ Volume, bn tenge ---------------- April March Δ, % April March 28 31 Δ, % from 01.01.23 ---------- -------- -------- ----- -------- -------- ------- KASE Index 3,559.90 3,351.23 +6.2 +9.5 40.5 15.1 ------------------------------------------------------------ ------------------------------------------------------------------ Last deal price, tenge per share Δ , % Trading volume, mln tenge -------------------------- -------- ------------------------- April March from 28 31 Δ, % 01.01.23 April March Δ, % ---- --------- --------- ------ -------- --------- -------- ------ KZTO 754.99 640.03 +18.0 +2.9 499.3 179.0 +178.9 HSBK 156.00 136.86 +14.0 +23.3 1,601.4 1,263.8 +26.7 KMGZ 10,129.00 9,320.00 +8.7 ( 36,091.1 10,752.6 +235.6 KSPI 37,000.00 34,702.66 +6.6 +11.5 219.8 208.2 +5.6 KCEL 1,872.11 1,790.00 +4.6 +8.5 1,120.7 1,043.1 +7.4 KZTK 29,998.00 29,034.00 +3.3 +5.8 305.8 187.5 +63.1 CCBN 685.00 680.00 +0.7 +7.0 204.9 944.0 -78.3 KZAP 13,438.99 13,386.99 +0.4 +4.4 359.5 370.4 -2.9 KEGC 1,618.00 1,618.02 -0.001 -0.1 124.2 105.3 +17.9 ------------------------------------------------------------------ According to the results of the month, the leader of growth were common shares of KazTransOil JSC, which added 18.0 % in price after a drawdown of 12.8 % in the first quarter of 2023. On April 13 the Board of Directors of KazTransOil JSC recommended to the general meeting of shareholders to allocate 15 bn tenge or 39 tenge per share for the payment of dividends. The annual meeting of shareholders is scheduled for May 24, 2023. On April 26, KazTransOil JSC summed up the production results for the first quarter of 2023, according to which the volume of oil transportation separately through the system of main oil pipelines increased by 5 % to 10.3 mln tons of oil, of which 4.3 mln tons were delivered to refineries. At the same time, the company continues to work on the implementation of the project "Reconstruction and expansion of the main water pipeline "Astrakhan – Mangyshlak". In second place in terms of growth rates are common shares of Halyk Savings Bank of Kazakhstan JSC with an increase of 14.0 %. Common shares of Halyk Savings Bank of Kazakhstan JSC close the third month in a row in the green zone and recovered to the level of February 2022. On April 24, 2023, the Board of Directors of the bank recommended paying dividends in the amount of 25.38 tenge per share. In third place with an increase of 8.7 % are the shares of NC KazMunayGas JSC. From corporate events: The Board of Directors of NC KazMunayGas JSC on April 10 decided to early redeem its international bonds in the amount of USD500.9 mln, placed at 4.75 % until 2025. On April 26, early repayment was made in full. Common shares of Kaspi.kz JSC added 6.6 % at the end of the month. The annual meeting of shareholders of Kaspi.kz JSC on April 10 decided to pay dividends for the fourth quarter of 2022 in the amount of 600 tenge per share. Previously, Kaspi.kz paid 500 tenge per share for the second quarter and 600 tenge per share for the third quarter. The total cumulative amount of dividends paid for 2022 amounted to 1,700 tenge per share. On April 24, Kaspi.kz JSC provided a report for the first quarter of 2023, according to which net profit increased by 52 % compared to the same period of last year. Based on the results of the first quarter, the Board of Directors recommended paying dividends on ordinary shares in the amount of 750 tenge per share. Shares of telecommunications companies Kcell JSC and Kazakhtelecom JSC grew over the month by 4.6 % and 3.3 %, respectively. On April 27, Kazakhtelecom JSC published its annual report, according to which the operator's net profit for 2022 increased by 32.6 % from 97 to 128.7 bn tenge. The annual general meeting of shareholders, at which the procedure for distributing net profit will be approved, will be held on May 30, 2023. Common shares of National Atomic Company "Kazatomprom" JSC based on results of the month practically did not change in price – the growth amounted to 0.4 %. On April 7 the Board of Directors of National Atomic Company "Kazatomprom" JSC recommended paying dividends on ordinary shares in the amount of 774.88 tenge per share or 200.97 bn tenge. On April 28, the company published operating results for the first quarter of 2023, according to which production decreased by 4 % to 4.7 thousand tons, while sales increased 2.4 times to 6.1 thousand tons, the average selling price increased by 19 % to $46.75 per ounce of uranium. On April 12, National Atomic Company "Kazatomprom" JSC announced that it planned to open a third route for the export of uranium this year. A route through one of the Chinese ports will be added to deliveries through Russia and the Caspian and Black Seas. KASE equity market Based on results of April 2023, the capitalization of the equity market amounted to 22.8 trln tenge (50.0 bn USD), which is 1.2 trln tenge, or 5.7 %, higher than the same indicator of the previous month. The bulk of the growth came from index companies due to adjustments in their stock prices. As of the end of April, shares of 102 names of 88 issuers were listed on KASE, of which shares of three names of three issuers were admitted to circulation in the "Unlisted securities" sector. ---------------------------------------------------------------- April 28 March 31 Change Change, % ----------------------- --------- --------- --------- ---------- Capitalization, bn KZT 22,795.77 21,567.56 +1,228.21 +5.7 Capitalization, mln USD 49,967.72 48,136.51 +1,831.21 +3.8 ---------------------------------------------------------------- Changes in the prices of shares included in the representative list for calculating the capitalization of the equity market, as of April 28, 2023: ------------------------------------------------------------- Price change / Change, % Issuer (date of last transaction) ----------------------- -------------------------- ---------- First Heartland Jysan 885.00 731.00 +21.1 Bank JSC (TSBNp) (17.04.23) (28.03.23) KazTransOil JSC 754.99 640.03 +18.0 (KZTO) (28.04.23) (31.03.23) Halyk Savings Bank of 156.00 136.86 +14.0 Kazakhstan JSC (HSBK) (28.04.23) (31.03.23) ForteBank JSC (ASBN) 4.58 3.99 +14.8 (28.04.23) (31.03.23) AltynGold plc (GB_ALTN) 850.40 762.00 +11.6 (28.04.23) (31.03.23) Bank CenterCredit JSC 514.00 462.00 +11.3 (CCBNp) (28.04.23) (31.03.23) Rakhat JSC (RAHT) 16,595.00 14,999.99 +10.6 (28.04.23) (31.03.23) National "KazMunayGas" 10,129.00 9,320.00 +8.7 company JSC (KMGZ) (28.04.23) (31.03.23) Kaspi.kz JSC (KSPI) 37,000.00 34,702.66 +6.6 (28.04.23) (31.03.23) ------------------------------------------------------------- * the table shows changes in shares' prices exceeding +/- 5 %. [2023-05-24]