KASE determined leading operators of stock exchange's repo market in September and the first 9 months of 2004

/IRBIS, Assel Omarova, October 5, 04/ - Kazakhstan stock exchange (KASE) has determined the list of companies - leading operators of stock exchange's repo market in Kazakhstan in September of 2004. Company's position in the list is given according to the stake of deals made 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 39 companies participated in making of deals at KASE's repo sector excluding National Bank (banks, broker-dealer companies, OCIMPA, non-banking financial organizations). Below is the list of top ten operators, which controlled 67.3% 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 in Position in Brief title Stake in September August of a bank trades 2004 2004 or a company volume, % ----------- ----------- --------------------------------- --------- 1 1 Bank TuranAlem JSC 14.5 2 6 Kazkommertsbank JSC 7.41 3 2 Bank CenterCredit JSC 7.40 4 14 BANK CASPIAN JSC 6.7 5 3 NURBANK OJSC 6.5 6 5 Alliance Bank JSC 6.2 7 10 Temirbank JSC 5.1 8 7 Eurasian bank JSC 5.0 9 9 PAIMC Zhetysu JSC 4.6 10 12 PAIMC Bailyk asset management JSC 3.9 ---------------------------------------------------------------------- Newcomers of the "active ten" relative to August are BANK CASPIAN JSC and PAIMC Bailyk asset management JSC that substituted DB ABN AMRO Bank Kazakhstan CJSC (Almaty, 4th position in August) and ATFBank JSC (8th position). Below is similar table of the most active KASE's members in the repo sector in the first 9 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 7.9 3 Nurbank OJSC 6.2 4 Bank CenterCredit JSC 5.9 5 Alliance Bank JSC 5.5 6 Eurasian bank JSC 5.2 7 BANK CASPIAN JSC 4.64 8 ATFBank JSC 4.57 9 PAIMC Zhetysu JSC 3.7 10 Temirbank JSC 3.4 ------------------------------------------------- [2004-10-05]