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Kazakhstan’s stock exchange reaches record number of operations

Business Materials 24 November 2017 11:32 (UTC +04:00)

Baku, Azerbaijan, Nov. 24

By Ali Mustafayev - Trend:

The volume of operations at KASE (Kazakhstan Stock Exchange) reached its highest level, the press service of KASE said in a message.

“The volume of operations at KASE reached maximum level of 130 trillion tenge, increasing by 67 percent during 10 months of 2017. Capitalization of the stock market is also high and is estimated at 16.9 trillion tenge. Growth rate index of KASE ranked third in the world in 2017,” according to the message.

For 10 months 11 shares of different issuers passed the listing on the exchange (inclusion of securities in the list of KASE). Twenty eight bond issuances of twenty issuers passed the listing in the corporate bond market.

In 2015, KASE joined the UN "Sustainable Stock Exchanges" initiative. KASE ranks second among CIS stock exchanges in terms of securities trading volume, and ranks sixth in terms of capitalization of the FEAS (Federation of Euro-Asian Stock Exchanges) stock market.

(Exchange rate on 24.11.2017: $1 - 330 tenge)

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