KASE determined leading operators of stock exchange's repo market in August and the first 8 months of 2004

/IRBIS, Assel Omarova, September 6, 04/ - Kazakhstan stock exchange (KASE) has determined the list of companies - leading operators of stock exchange's repo market in Kazakhstan in August 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 August in July of a bank trades 2004 2004 or a company volume, % --------- -------- -------------------------------- --------- 1 1 Bank TuranAlem JSC 15.2 2 6 Bank CenterCredit JSC 9.3 3 2 NURBANK OJSC 8.7 4 12 DB ABN AMRO Bank Kazakhstan CJSC 6.9 5 4 Alliance Bank JSC 6.4 6 3 Kazkommertsbank JSC 5.8 7 7 Eurasian bank JSC 5.4 8 8 ATFBank JSC 4.7 9 9 OPAM Zhetysu JSC 3.4 10 5 Temirbank JSC 3.2 ---------------------------------------------------------------- Newcomer of the "active ten" relative to July of 2004 is DB ABN AMRO Bank Kazakhstan CJSC, which substituted Central-Asian Trust Company LLP (Almaty, 10th position in July). Below is similar table of the most active KASE's members in the repo sector in the first 8 months of 2004. A total of 44 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 14.5 2 Kazkommertsbank JSC 8.0 3 Nurbank OJSC 6.1 4 Bank CenterCredit JSC 5.7 5 Alliance Bank JSC 5.5 6 Eurasian bank JSC 5.2 7 ATFBank JSC 4.7 8 BANK CASPIAN JSC 4.4 9 OPAM Zhetysu JSC 3.6 10 Central-Asian Trust Company LLP 3.3 ----------------------------------------------------------- [2004-09-06]