Overview of KASE equity market in May 2023

/KASE, June 13, 2023/ – Kazakhstan Stock Exchange (KASE) presents an overview of the equity market in May 2023. KASE Index in May decreased by 1.9 % to 3,492.44 points by the end of the month. ----------------------------------------------------------- Volume, bn tenge May 31 April 28 Δ, % Δ, % ---------- from 01.01.23 May April ---------- -------- -------- ----- ------------- ---- ----- KASE Index 3,492.44 3,559.90 -1.9 +7.4 18.0 40.5 ----------------------------------------------------------- The volume of transactions with index shares in May 2023 amounted to 18.0 bn tenge, which is by 55.5 %, or 22.5 bn tenge, below the figure of April 2023. The largest chunk of the trading volume was made up of common shares of NC KazMunayGas JSC – 11.3 bn tenge (62.8 % of the total volume of trading with index stocks). ----------------------------------------------------------------- Last price, Δ, % Trading volume, tenge per share mln tenge ------------------------- --------- ------------------------ May 31 April 28 Δ, % from May April Δ, % 01.01.2 3 ---- --------- --------- ----- --------- -------- -------- ------ KZTO 767.45 754.99 +1.7 +4.6 829.7 499.3 +66.2 KCEL 1,898.00 1,872.11 +1.4 +10.0 1,270.0 1,120.7 +13.3 KZTK 29,900.00 29,998.00 -0.3 +5.4 1,230.1 305.8 +302.3 CCBN 681.20 685.00 -0.6 +6.4 486.3 204.9 +137.3 KSPI 36,702.02 37,000.00 -0.8 +10.6 367.0 219.8 +67.0 KMGZ 9,950.00 10 129.00 -1.8 +5.5 11,316.4 36,091.1 -68.6 KEGC 1,575.00 1,618.00 -2.7 -2.8 258.2 124.2 +107.8 HSBK 148.47 156.00 -4.8 +17.4 1,678.0 1,601.4 +4.8 KZAP 12,612.00 13,438.99 -6.2 -2.0 578.6 359.5 +61.0 ----------------------------------------------------------------- According to the results of May, the growth leader were common shares of KazTransOil JSC, which added 1.7 % in price. On May 24, the annual general meeting of shareholders of KazTransOil JSC approved the payment of dividends for 2022 in the amount of 15.0 bn tenge or 39.0 tenge per share. By order of the General Director of KazTransOil JSC dated May 26, the tariff for oil transportation for export from July 1 will be increased by 15 % from 8.8 to 10.2 thousand tenge per ton. On May 29, the company published financial data for the first quarter of 2023, according to which, compared to the same period of last year, consolidated revenue increased by 21.0 % to 67.9 bn tenge, while net profit decreased by 13.7 % to 8, 8 bn tenge. In the second place in terms of growth rates are common shares of Kcell JSC, which grew in price by 1.4 % to 1,898 tenge per share. On May 18, shareholders of Kcell JSC decided not to distribute net income for the 2022 financial year and not to pay dividends on ordinary shares. On May 15, Kcell JSC published a report for the first quarter of 2023, according to which net profit increased to 12.8 bn tenge from 9.2 bn tenge for the same period last year. However, at the same time, capital expenditures increased by 79 %. The remaining shares of the index basket showed a decrease in prices in May. These companies also completed the publication of financial statements for the first quarter of 2023 and held annual meetings of shareholders, at which they approved the amount of dividend payments for 2022. On May 25, the annual general meeting of shareholders of Halyk Savings Bank of Kazakhstan JSC approved the payment of dividends in the amount of 25.38 tenge per ordinary share. The record date is May 31, the date of commencement of payments is June 6. Also, as part of the annual general meeting of shareholders, a number of changes were made to the bank's charter, including the possibility of paying dividends twice a year. On May 16, Halyk Savings Bank of Kazakhstan JSC reported on the results for the first quarter of 2023. The net profit of the Group, compared to the same period of last year, increased by 51.2 % from 124.5 to 188.2 bn tenge. On May 2, the annual general meeting of KEGOC shareholders decided to distribute 13.15 bn tenge as dividends for the second half of 2022, which is 50.59 tenge per ordinary share. Taking into account the dividends paid for the first half of the year, in total for 2022, shareholders will receive 116.03 tenge per share. On May 12, KEGOC published a report for 2022, according to which net profit decreased by 49.2 % from 52.6 to 26.7 bn tenge. A report for the first quarter of 2023 was also published, according to which net profit increased by 58.8 % compared to the same period of last year from 8.5 to 13.5 bn tenge. On May 25, the annual general meeting of shareholders of NAC Kazatomprom JSC agreed upon the payment of dividends for 2022 in the amount of 200.9 bn tenge, or 774.88 tenge per share. On May 26, the company published financial results for the first quarter of 2023, according to which the group's revenue compared to the same period last year increased 2.6 times, while net profit increased by 75.8 % to 109.2 bn tenge. NC "KazMunayGas" JSC plans to pay dividends of 491.71 tenge per share, if approved by the annual general meeting of shareholders. Also on May 26, NC "KazMunayGas" JSC published a report for the first quarter of 2023, according to which the company's net profit decreased compared to the same period of last year by 13.4 % to 287.6 bn tenge. On May 25, the annual general meeting of shareholders of Kaspi.kz decided to pay dividends for the first quarter of 2023 in the amount of 750 tenge per share. On May 29, the Group provided reports for 2022 and the first quarter of 2023, according to which net profit increased by 35.3 % to 588.8 bn tenge and by 39.6 % to 174.2 bn tenge compared to the same periods of last year, respectively. Shareholders of three representatives of the index basket decided not to pay dividends for 2022, including shareholders of Kcell JSC. On May 12, Bank CenterCredit JSC posted a consolidated auditor's report for 2022. According to the statements, the Group's net profit for 2022 increased 7 times from 20.6 to 145.1 bn tenge. The annual general meeting of the bank's shareholders decided not to distribute dividends for 2022 and invest all profits in the development of the Group. On May 15, the bank published a report for the first quarter of 2023, according to which net profit, compared to the same period of last year, increased 2.2 times from 11.3 to 25.0 bn tenge. On May 5, Bank CenterCredit JSC acquired a controlling stake in Insurance Company "Sinoasia B&R" JSC. As a result of the acquisition, the share of participation of Bank CenterCredit JSC increased from 31.2 % to 75.9 % of all voting shares and 81.6 % of all issued shares. On May 16, the management of Kazakhtelecom JSC announced that the proposed amount of dividends for 2022 would be 3,038.36 tenge per share, however, at the annual general meeting of shareholders held on May 30, no decision was made on the payment, the company plans to return to the issue of dividends in the second half of this year. On May 29, the operator provided a report for the first quarter of 2023, according to which the Group's net profit increased by 14.0 % from 29.2 to 33.3 bn tenge. KASE equity market According to results of May 2023, the capitalization of the equity market amounted to 22.4 trln tenge (50.0 bn USD), which is by 436.8 bn tenge, or 1.9 %, lower than the same indicator of the previous month. The main share of the decline fell on the index companies due to the adjustment of the price of their shares. As of the end of May, shares of 101 names of 87 issuers were listed on KASE, of which shares of three names of three issuers were admitted to circulation in the "Unlisted securities" sector. In the reporting month , ordinary shares of Ust-Kamenogorsk Poultry Plant JSC were excluded from KASE official list at the initiative of the issuer. -------------------------------------------------------------- May 31 April 28 Change Change, % ----------------------- --------- --------- ------- ---------- Capitalization, bn KZT 22,359.00 22,795.77 -436.77 -1.9 Capitalization, mln USD 50,011.18 49,967.72 +43.46 +0.1 -------------------------------------------------------------- Change in prices of shares included in the representative list for calculating the capitalization of the equity market, as of May 31, 2023: ------------------------------------------------------------- Issuer Price change / Change, % (date of last transaction) ----------------------- -------------------------- ---------- IC "Sinoasia B&R" JSC 34,400.00 25,500.00 +34.9 (SABR) (18.05.23) (25.05.22) Bank CenterCredit JSC 560.00 514.00 +8.9 (CCBNp) (31.05.23) (28.04.23) Nurbank JSC 11,898.67 14,001.00 -15.0 (NRBNp6) (22.05.23) (28.07.15) ForteBank JSC 3.96 4.58 -13.5 (ASBN) (31.05.23) (28.04.23) Rakhat JSC 14,399.00 16,595.00 -13.2 (RAHT) (31.05.23) (28.04.23) Maten Petroleum JSC 6,810.00 7,360.00 -7.5 (MATN) (04.05.23) (01.02.23) National atomic company 12,612.00 13,438.99 -6.2 "Kazatomprom" JSC (31.05.23) (28.04.23) (KZAP) Kazakhtelecom JSC 22,499.99 23,800.00 -5.5 (KZTKp) (31.05.23) (28.04.23) ------------------------------------------------------------- * the table provides changes in prices of shares exceeding +/- 5 %. [2023-06-13]