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Trading at Kazakhstan Stock Exchange increases significantly

Finance Materials 24 December 2018 16:41 (UTC +04:00)

Baku, Azerbaijan, Dec. 24

By Rashid Shirinov – Trend:

The trading volume at the Kazakhstan Stock Exchange (KASE) in November this year reached 11.7 trillion tenge, an increase of 14.6 percent year-on-year, Trend reports with reference to Finprom.kz.

However, for the 11 months of 2018, the trading amounted to 118.3 trillion tenge, which is 15.6 percent lower than in the same period last year.

The main share in the trading volume in November was concentrated in the money market - 85.6 percent or 10.1 trillion tenge, an increase of 13.2 percent year-on-year. The share of foreign currencies in the total trading volume was 8.6 percent (1 trillion tenge), the annual growth was 3.2 percent.

The trading volume in the securities market reached 678 billion tenge (5.8 percent of the total trading), an increase of 82.2 percent compared to November 2017. The main share accounted for the corporate bond trading – 584.9 billion tenge (5 percent of the total trading).

It should be noted that since October 16, 2018, trading in KASE Index ETF (exchange-traded funds) was launched at the Moscow Exchange.

From November 9 to December 21, the ETF price increased 2.8 percent. KASE ETF includes shares of seven largest issuers of Kazakhstan: Bank CenterCredit, Halyk Bank, Kazakhtelecom, Kcell, KAZ Minerals, KazTransOil and KEGOC.

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Follow the author on Twitter: @ShirinovRashid

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