/KASE, January 27, 16/ – From January 27, 2016, Kazakhstan Stock Exchange JSC
(KASE) Committee on Indices and Securities Valuation by its decision of
January 26, 2016 defined new parameters of shares, included in the representative
list of KASE index – portions of shares in free circulation, and restrictive
coefficients.
Changes were made based on sub-item 2), item 7 of article 8 of the Methodology
of stock market indicators calculation following an increase in the portion of
the total market value of shares KZ1C51460018 (KZ000A0KEZQ2, RDGZ) of
KazMunaiGas Exploration Production JSC in the total market value of shares of
all titles quoted in the representative list of KASE Index. In addition, the
exchange received information on a change in the number of shares being in
free circulation, with regard to shares GB00B0HZPV38 (GB_KZMS) of KAZAKHMYS PLС,
KZ1C33870011 (KZ000A0LE0S4, HSBK) of Halyk Savings Bank of Kazakhstan JSC and
KZ1C12280018 (KZ0009093241, KZTK) of Kazakhtelecom JSC.
The table below shows new share parameters and those effective before
January 27, influencing the KASE Index value.
------------------------------------------------------------------------------
Effective from January 27, 2016 Effective before January 27, 2016
-------------- ------- ----------- -------------- ------- ------------
free restrictive free restrictive
outstanding float coefficient outstanding float coefficient
Ticker shares (Fi), % (Ri) shares (Fi), % (Ri)
------- -------------- ------- ----------- -------------- ------- ------------
CCBN 162,456,800 26.6 1.0000000 162,456,800 26.6 1.0000000
GB_KZMS 458,379,033 57.0 0.2061705 458,379,033 57.3 0.2129102
HSBK 10,911,065,220 26.6 0.2341273 10,911,124,020 26.6 0.2204596
KCEL 200,000,000 25.0 0.5009389 200,000,000 25.0 0.4442258
KEGC 260,000,000 10.0 1.0000000 260,000,000 10.0 1.0000000
KZTK 10,707,323 23.0 1.0000000 10,709,426 23.0 1.0000000
KZTO 384,635,599 10.0 1.0000000 384,635,599 10.0 0.8796241
RDGZ 67,693,075 36.3 0.0756157 67,693,075 36.3 0.1055807
------------------------------------------------------------------------------
In addition, by the mentioned Committee on Indices and Securities Valuation
decision from January 27, 2016 at the KASE index calculation shall be used the
new adjustment coefficient (K) value – 1.6004376. Before the said date the K
equaled to 1.5668608.
NOTES TO TABLE
KASE Index – KASE share market index, showing change of prices of shares
listed on the representative list for calculation of the index with account to
capitalization of issuers and number of free floating shares (free float). One
stock may not exceed 15 % weight in the index. KASE Index is calculated within
a trading day as deals in the representing stocks are concluded. In case no
deals, parameters of which are required for calculation of the KASE Index were
made in the stock during a trading day, for purposes of such calculation,
results of the last resultant trading session will be used.
The Methodology of index calculation is regulated by the KASE internal document
"Methodology of Stock Market Indicators Calculation", available on KASE
website at
http://www.kase.kz/files/normative_base/indicators_met_eng.pdf
The page on the index is available at
http://www.kase.kz/en/index_kase
Ticker shows: issuer code of security trading on KASE (first 4 symbols, –
common share code); share category (if the fifth symbol is "p", preferred
share); share issue order number (if required, the sixth symbol is a digit).
Issuers code: CCBN – Bank CenterCredit JSC; GB_KZMS – KAZAKHMYS PLC; HSBK –
Halyk Savings Bank of Kazakhstan JSC; KCEL – Kcell JSC; KEGC – Kazakhstan
Electricity Grid Operating Company "KEGOC" JSC (KEGC); KKGB – Kazkommertsbank
JSC; KZTK – Kazakhtelecom JSC; KZTO – KazTransOil JSC; RDGZ – KazMunaiGas
Exploration Production JSC.
Outstanding shares – parameter, which is determined independently by KASE
on the basis of listing company share register extract data or information
provided by the company as a number of outstanding shares of a listing
company net of those redeemed. KASE is taking into account the number of
outstanding shares, which is confirmed by documents available on KASE.
Free float (Fi), % – parameter, determined by KASE as a number of shares not
owned by the state, issuer management and shareholders owning five or more
percent of common shares of the issuer, except for shareholders in regard of
which the Risk committee made a decision that such shareholders shall not be
deemed as strategic (institutioanl investors, nominal holders, and entities
performing functions of settlement service etc.).
Restrictive coefficient (Ri) – parameter limiting weight of influence of one
stock on index value to fifteen percent.
[2016-01-27]