In February of 2004 volume of CS purchase and sale deals at KASE decreased 1.7 times to $74.6 m.

/IRBIS, Assel Omarova, Andrey Tsalyuk, March 5, 04/ - In February of 2004 at the Kazakhstan Stock Exchange (KASE) 216 deals were made in corporate securities (CS) in all sectors of the market (excluding repo- transactions sector) for a total of KZT10,383.7 m. or $74.6 m. at current rate of the Exchange effective on the day the deals were made. In comparison with January of 2004 volume of transactions decreased by $53.7 m. (KZT7.6 bn.) or 1.72 times (by 1.74 times in terms of tenge). Relative to February of 2003 volume of transactions rose by $46.7 m. (KZT6.1 bn.) or 2.7 times (by 2.4 times in terms of tenge). Structure of CS turnover at KASE in February is presented in the following way: the whole volume of all conducted deals fell to the stake of purchase and sale sector. For comparison, the structure of stock exchange's CS sector in 2003 was characterized by the following indicators: 9.4% of transactions volume fell to the stake of primary floatations; 14.6% - to the stake of SBS sector; 76.0% - purchase and sale sector. Considerable falling of CS turnover at the stock exchange in February in comparison with January was caused by three factors: absence of primary floatations of shares and bonds (in previous several months their stake in exchange's turnover was big); absence of trades in state blocks of shares sale sector; reduction of the volume of investments of pension funds into Kazakhstan companies' securities. The latter thing was caused by an small level of offered bonds' yield and new possibilities which became available for funds after reexamination of limits of pension assets investing in the middle of January. Following are the tables, which show stock exchange's CS market in February of 2004. Most tradable securities at the KASE in February of 2004 (purchase and sale only, excluding deals in SBS and primary floatations) --------------------------------------------------------------------------- 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 -------- ------------------------- --------- --------- ------------- ------ KARMb2 Karazhanbasmunai OJSC 14,122.7 1,969.8 2,001,300 8 KZIKb3 Kazakhstan Mortgage Company CJSC 6,973.2 970.5 965,200,000 16 CSBNb3 BANK CASPIAN JSC 6,791.9 944.4 46,300 10 CSBNb2 BANK CASPIAN JSC 4,531.2 630.4 30,270 8 ASBNb1 Alliance Bank OJSC 4,457.9 620.6 663,300,000 6 CCBN Bank CenterCredit OJSC 3,977.5 554.2 2,718,025 13 RGBRb3 RG BRANDS OJSC 3,276.4 455.6 458,189,023 14 HRLT CHARALTYN JSC 3,231.6 450.0 128,571,429 5 BTASb3 Bank TuranAlem JSC 2,995.4 417.1 26,000 2 BTASb2 Bank TuranAlem JSC 2,864.1 398.0 28,800 3 CCBNb3 Bank CenterCredit OJSC 2,497.9 348.1 299,930,000 5 TXBNb2 TEXAKABANK OJSC 2,133.8 296.9 293,430,000 8 VTZLp VALUT-TRANZIT ZOLOTO JSC 1,921.7 267.1 1,114,681 8 BTASe1 TuranAlem Finance B.V. 1,834.1 254.9 1,760,000 4 ASBN Alliance Bank OJSC 1,772.8 247.1 35,200 3 ORDBb1 Corporation Ordabasy JSC 1,621.4 225.6 253,670 1 ALKSb2 Almaty Kus OJSC 1,106.4 154.2 10,360 2 ALKS Almaty Kus OJSC 1,017.1 141.7 14,345,496 7 VTBN VALUT-TRANZIT BANK OJSC 1,000.3 139.1 361,163 8 BTAIb1 BTA Mortgage JSC 648.1 90.2 9,000 2 UKPFb1 UST-KAMENOGORSK BATTERYFARM OJSC 628.9 87.7 9,100 1 KZIKb1 Kazakhstan Mortgage Company CJSC 598.9 83.4 7,700 1 TEBN Temirbank JSC 493.9 68.8 66,909 26 UTMK Ust-Kamenogorsk titanium- 467.0 65.0 10,350 1 magnesium combine JSC DNBN DANABANK JSC 463.6 64.4 64,369 2 VTBNp VALUT-TRANZIT BANK OJSC 442.2 61.5 189,280 7 ASFIb3 Astana-finance OJSC 371.1 51.6 545,000 2 BTAS Bank TuranAlem JSC 326.0 45.3 3,613 1 TXBNb1 TEXAKABANK OJSC 304.9 42.4 40,600 2 VTTHb1 VALUT-TRANZIT 294.3 41.0 38,850,000 3 TECHNOLOGY OJSC KZIKb2 Kazakhstan Mortgage 255.9 35.6 33,950,000 1 Company CJSC CCBNb2 Bank CenterCredit OJSC 236.8 33.0 2,088 1 KKGBe3 Kazkommerts International B.V. 203.4 28.3 180,000 2 VTBNb1 VALUT-TRANZIT BANK OJSC 158.6 22.1 1,490 3 VTZLb1 VALUT-TRANZIT ZOLOTO JSC 122.2 17.0 16,130,000 3 BRKZb1 Development Bank 93.6 13.0 14,000 1 of Kazakhstan JSC ASFIb2 Astana-finance OJSC 84.9 11.8 114,600 3 KZMS Corporation Kazakhmys JSC 71.5 10.0 3,055 7 HSBKb3 Halyk savings bank 42.8 6.0 5,900,000 2 of Kazakhstan JSC NRBNb1 Nurbank OJSC 26.4 3.7 4,000 1 UKTCb1 AES Ust-Kamenogorsk HS OJSC 25.7 3.6 3,550,000 1 KZTK Kazakhtelecom 24.3 3.4 660 3 ATFBb2 ATFBank JSC 13.4 1.9 134 1 ARNAb1 ARNA OJSC 12.9 1.8 160 1 EUBNb1 Eurasian bank JSC 12.2 1.7 1,700,000 1 VTSKb2 VALUT-TRANZIT 10.8 1.5 1,420,000 3 SECURITY LLP KKGB Kazkommertsbank JSC 9.9 1.4 9,190 1 ATFBb3 ATFBank JSC 7.3 1.0 1,000,000 1 ATFBp ATFBank JSC 2.9 0.4 400 1 -------- ------------------------- --------- --------- ------------- ------ TOTAL 49 74,581.9 10,383.7 2,935,127,415 216 --------------------------------------------------------------------------- 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 February of 2004 ---------------------------------------------------------------------------- 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 ---------- ----------- -------- ----------- ----- ---------- --------- Jan 30, 04 2,747.1 150.1354 2,610.1 7.36 157.57 7,769.4 Feb 2, 04 2,746.0 150.1724 2,611.4 7.41 157.35 4,317.6 Feb 3, 04 2,743.1 147.9129 2,610.0 7.40 157.46 16,660.2 Feb 4, 04 2,741.0 157.4638 2,609.7 7.41 157.47 2,983.5 Feb 5, 04 2,740.2 157.3612 2,610.5 7.40 157.56 4,123.0 Feb 6, 04 2,745.8 159.3766 2,611.6 7.57 156.62 1,558.5 Feb 9, 04 2,779.9 152.1004 2,610.6 7.58 156.64 7,094.0 Feb 10, 04 2,780.4 157.7242 2,610.5 7.60 156.57 1,679.2 Feb 11, 04 2,893.7 163.7413 2,634.8 7.57 156.75 3,295.0 Feb 12, 04 2,896.5 165.6875 2,635.1 7.58 156.74 3,367.5 Feb 13, 04 2,897.5 164.0001 2,635.8 7.56 156.88 2,415.8 Feb 16, 04 2,895.6 168.6786 2,636.9 7.56 157.02 1,313.4 Feb 17, 04 2,910.4 168.5931 2,637.2 7.56 157.02 3,231.5 Feb 18, 04 2,913.4 168.6734 2,636.7 7.55 157.10 7,305.8 Feb 19, 04 2,853.8 167.0017 2,638.0 7.55 157.23 1,669.0 Feb 20, 04 2,852.8 168.3898 2,628.0 7.57 157.03 2,239.1 Feb 23, 04 2,850.8 183.6065 2,627.4 7.53 157.35 276.8 Feb 24, 04 2,851.2 168.4998 2,625.9 7.53 157.40 2,700.1 Feb 25, 04 2,837.8 182.2554 2,627.1 7.54 157.42 4,170.3 Feb 26, 04 2,775.7 183.6086 2,660.5 7.52 157.56 2,085.9 Feb 27, 04 2,778.9 167.5455 2,635.3 7.49 157.71 2,095.8 ---------- ----------- -------- ----------- ----- ---------- --------- Trend +31.8 +17.4101 +25.2 +0.13 +0.14 +1.2% +11.6% +1.0% +1.8% +0.1% ---------------------------------------------------------------------------- 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. [2004-03-05]