/REPEAT/ KASE COMPOSED LISTS OF SHARES OF FIRST, SECOND AND THIRD CLASSES OF LIQUIDITY FOR JUNE – JULY 2016

02.06.16 09:45
/KASE, June 2, 2016, May 26, 16 news repeat/ – Kazakhstan Stock Exchange (KASE) in accordance with its internal document "Methodology of Securities Liquidity Indicators Defining" (Methodology) composed lists of shares of the first, second and third classes of liquidity for June–July 2016 out of shares admitted to circulation on KASE. The lists were approved by May 23, 2016 decision of the Committee on Indices and Securities Valuation and had been composed for the purpose of applying of regulations of KASE internal documents "Regulations of Trades and the Confirmation System Operation" and "Regulations on Market-Makers" to shares contained therein. Below is the list of shares of the first class of liquidity, effective from June 1 to July 31, 2016 (securities titles are indicated in the descending order of their liquidity): 1) common shares KZ1C34930012 (KZ1C00000959, KASE official list, first category, KEGC) of Kazakhstan Electricity Grid Operating Company "KEGOC" (Astana); 2) common shares KZ1C29950017 (KZ1C00000744, KASE official list, first category, KZTO) of KazTransOil; 3) preferred shares KZ1P51460114 (KZ000A0RMTC3, KASE official list, first category, RDGZp) of KazMunaiGas Exploration Production; 4) common shares KZ1C33870011 (KZ000A0LE0S4, KASE official list, first category, HSBK) of Halyk Savings Bank of Kazakhstan; 5) common shares KZ1C59150017 (KZ1C00000876, KASE official list, first category, KCEL) of Kcell; 6) common shares GB00B0HZPV38 (KASE official list, second category, GB_KZMS) of KAZ Minerals PLC; 7) common shares KZ1C59680013 (KZ1C00001015, KASE official list, second category, BAST) of BAST; 8) common shares KZ1C12280018 (KZ0009093241, KASE official list, first category, KZTK) of Kazakhtelecom; 9) common shares KZ1C00400016 (KZ000A0JC858, KASE official list, first category, KKGB) of Kazkommertsbank; 10) common shares US0605051046 (KASE official list, second category, US_BAC_) of Bank of America Corporation; 11) common shares KZ1C59700019 (unlisted securities, LCAP) of L-CAPITAL; 12) common shares KZ1C51460018 (KZ000A0KEZQ2, KASE official list, first category, RDGZ) of KazMunaiGas Exploration Production; 13) common shares KZ1C36280010 (KZ0007786572, KASE official list, first category, CCBN) of Bank CenterCredit. Compared with the current list of shares of the first liquidity class which was composed for April–May 2016, the list of shares of the first liquidity class for June–July 2016 now additionally includes common shares KZ1C59700019 (unlisted securities, LCAP) of L-CAPITAL and no longer includes: - preferred shares KZ1P00400112 (KZ0005416453, KASE official list, second category, KKGBp) of Kazkommertsbank; - preferred shares KZ1P12280114 (KZ0009094645, KASE official list, first category, KZTKp) of Kazakhtelecom. Trades in shares of the first class of liquidity are held on KASE on working days – from 11:30 a.m. to 05:00 p.m. (Almaty time) by method of uninterrupted counter-directed auction (whereas the so-called Frankfurt trading method is used) and are switched to standby-mode in case of matching or crossing of bids and asks, if the price of a proposed deal deviates from the last transaction price of such shares by 5 %. For market-makers for the first liquidity class shares the maximum values of spreads between the best mandatory quotations for securities are set at 4 %. Trades in shares of the second and third classes of liquidity are held at KASE on working days – from 03:00 p.m. to 05:00 p.m. (Almaty time) by the method of uninterrupted counter-directed auction and are switched to standby- mode in case of matching or crossing of bids and asks, if the price of a proposed deal deviates from the last transaction price of such shares by 5 %. For market-makers of illiquid shares of the second and third classes of liquidity in accordance with the Regulations on Market-Makers the maximum values of spreads between the best mandatory quotations for securities are set at 5 %. The lists of shares of the first, second and third classes of liquidity for June–July 2016 are available on KASE website at http://www.kase.kz/files/normative_base/liquid_2016_june_july_eng.pdf The lists of shares of the first, second and third classes of liquidity for April– May 2016 are available on KASE website at http://www.kase.kz/files/normative_base/liquid_2016_april_may_eng.pdf Regulations of Trades and Confirmation System Operation are available at – http://www.kase.kz/files/normative_base/reglament_trade_eng.pdf Regulations on Market-Makers are available at – http://www.kase.kz/files/normative_base/m_maker_eng.pdf Methodology of Securities Liquidity Indicator Defining is available at – http://www.kase.kz/files/normative_base/metodika_liquid_eng.pdf [2016-06-02]