/KASE, June 29, 15/ – Following a decision of Kazakhstan Stock Exchange
(KASE) Board of Directors as of June 29, 2015 additions and changes No. 7
(amendments) to KASE internal document "Methodology of securities valuation"
(Methodology) are put into effect.
The mentioned amendments were made due to the beginning of trades according to
settlement scheme Т+2 in shares included in the representative list for
calculation of KASE Index, as well as due to opening of trades on the netting
repo market.
According to the mentioned amendments:
- For purposes of increasing the representativeness the calculation of market
prices of shares included in the representative list of KASE index will be
made daily;
- A zero discount was set for market prices of shares used as subjects of repo
transactions on the netting repo market. At that the margin security of
opening and closing deals of repo transactions is considered as an
alternative of discounting market prices in this sector.
In addition, the text of the Methodology is quoted in accordance with provisions
of the Rules of executing clearing activities on deals in financial instruments,
and it was supplemented with clarifications and editorial amendments.
The revised text of the Methodology will be released on KASE website at
http://www.kase.kz/files/normative_base/met_ocen_zb_eng.pdf
[2015-06-29]