/KASE, February 5, 2025/ – Freedom Holding Corp. has provided Kazakhstan
Stock Exchange (KASE) with a review of the Purchasing Managers' Index (PMI)
of Kazakhstan's manufacturing sectors for January 2025.
Below are comments from Yerlan Abdikarimov, Director of the Financial Analysis
Department of Freedom Finance Global PLC (a 100% subsidiary of Freedom
Holding Corp.).
"Kazakhstan's manufacturing sector continued to grow in January, although the
pace of growth slowed markedly compared to December, when the all-time high
was recorded. Production volumes increased at the start of the year, supported
by stable demand and new orders, which contributed to a modest expansion in
employment and purchasing activity. However, the improvement in business
confidence was accompanied by several challenges, including rising cost-push
inflation, exchange rate fluctuations, logistical issues and raw material
shortages. The observed accumulation of unfulfilled orders is likely a
temporary phenomenon coinciding with the festive period. The outlook for the
next 12 months remains positive, with optimism reaching its highest level in
seven months".
Review in Kazakh –
https://kase.kz/files/presentations/kz/KZ_Manufacturing_KAZ_2501_PR.pdf
Review in Russian –
https://kase.kz/files/presentations/ru/KZ_Manufacturing_RUS_2501_PR.pdf
Review in English –
https://kase.kz/files/presentations/en/KZ_Manufacturing_ENG_2501_PR.pdf
[2025-02-05]