KASE determined leading operators of stock exchange's repo market in June and the first 6 months of 2004

/IRBIS, Assel Omarova, July 7, 04/ - Kazakhstan stock exchange (KASE) has determined the list of companies - leading operators of stock exchange's repo market in Kazakhstan in July of 2004. Company's position in the list is given according to the stake of deals made by it in total gross turnover of trades (total of purchased and sold instruments on repo opening and closing transactions). At that, all repo deals were taken into account regardless of the sector (automatic repo or direct deals method) and subject of repo (government or corporate securities). Position of participant was expressed in currency of the payments - tenge. A total of 37 companies participated in making of deals at KASE's repo sector in February excluding National Bank (banks, broker-dealer companies, OCIMPA, non-banking financial organizations). Below is the list of top ten operators, which controlled 63.0% of this sector of the stock exchange's market, given in descending order of their stakes in total deals volume (all headquarters are in Almaty). -------------------------------------------------------------- Position Position Brief title Stake in in June in May of a bank trades 2004 2004 or a company volume, % -------- -------- ------------------------------- --------- 1 1 Bank TuranAlem JSC 18.9 2 25 General Asset management JSC 8.9 3 3 Kazkommertsbank JSC 7.6 4 2 Bank Caspian JSC 5.6 5 9 Eurasian bank JSC 4.6 6 5 Alliance Bank JSC 3.9 7 7 Central Asian Trust Company LLP 3.7 8 6 OPAM Zhetysu JSC 3.4 9 8 Bank CenterCredit OJSC 3.3 10 11 NURBANK OJSC 3.1 -------------------------------------------------------------- Newcomers of the "active ten" relative to May of 2004 are General Asset management JSC and NURBANK OJSC that substituted ABN AMRO Bank Kazakhstan CJSC (Almaty, 10th position in May) and ATFBank JSC (Almaty, 4th place in May). Below is similar table of the most active KASE's members in the repo sector in the first 6 months of 2004. A total of 40 companies participated in making of deals in this period, besides the National Bank. ----------------------------------------------------------- Posi- Brief name of Stake in gross tion company volume of trades, % ----- ------------------------------- ------------------- 1 Bank TuranAlem JSC 14.2 2 Kazkommertsbank JSC 8.7 3 Eurasian bank JSC 5.4 4 Alliance Bank OJSC 5.2 5 BANK CASPIAN JSC 5.12 6 Bank CenterCredit OJSC 5.08 7 Nurbank OJSC 4.9 8 ATFBank JSC 4.7 9 Central-Asian Trust Company LLP 3.7 10 OPAM Zhetysu JSC 3.5 ----------------------------------------------------------- [2004-07-07]