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Securities trading jumps in value at Kazakhstan Stock Exchange

Finance Materials 10 November 2021 15:26 (UTC +04:00)
Securities trading jumps in value at Kazakhstan Stock Exchange

BAKU, Azerbaijan, November 10

By Nargiz Sadikhova – Trend:

The value of trading in valuable securities of investment funds at the Kazakhstan Stock Exchange (KASE) has amounted to 33.9 billion tenge ($79.7 million) over the period from January through October 2021, which is 2.6 times more than during the same period last year, Trend reports citing KASE.

The value of trading in government securities stood at 2.7 trillion tenge ($6.3 billion), which is 36.8 percent less than during the same period last year.

The value of trading in corporate bonds equaled 1.5 trillion tenge ($3.6 billion), which is 14.8 percent less than during the same period last year.

Furthermore, the value of trading in shares amounted to 197.4 billion tenge ($464.4 million), which is 15.7 percent more than during the same period last year.

KASE's 2019 – 2021 development strategy aims for modernization of KASE's technological infrastructure, the launch of the Central Counteragent’s services, an increase in the liquidity and depth of the exchange market, as well as implementing sustainable growth principles.

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Follow the author on Twitter: @nargiz_sadikh

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