KASE determined leading operators of stock exchange's repo market in July and the first 7 months of 2004

/IRBIS, Ranida Gabdeyeva, August 10, 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 40 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 64.6% 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 July in June of a bank trades 2004 2004 or a company volume, % -------- -------- ------------------------------- --------- 1 1 Bank TuranAlem JSC 15.7 2 10 NURBANK OJSC 9.7 3 3 Kazkommertsbank JSC 6.8 4 6 Alliance Bank JSC 5.8 5 18 Temirbank JSC 5.1 6 9 Bank CenterCredit JSC 5.0 7 5 Eurasian bank JSC 4.4 8 14 ATFBank JSC 4.2 9 8 OPAM Zhetysu JSC 4.0 10 7 Central Asian Trust Company LLP 3.9 -------------------------------------------------------------- Newcomers of the "active ten" relative to June of 2004 are Temirbank JSC and ATFBank JSC that substituted General Asset management JSC (Almaty, 2nd position in June) and Bank Caspian JSC (Almaty, 4th place in June). Below is similar table of the most active KASE's members in the repo sector in the first 7 months of 2004. A total of 43 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 14.4 2 Kazkommertsbank JSC 8.4 3 Nurbank OJSC 5.7 4 Alliance Bank OJSC 5.3 5 Eurasian bank JSC 5.2 6 Bank CenterCredit OJSC 5.1 7 BANK CASPIAN JSC 4.8 8 ATFBank JSC 4.6 9 Central-Asian Trust Company LLP 3.8 10 OPAM Zhetysu JSC 3.6 ----------------------------------------------------------- [2004-08-10]