KASE SUMMARIZES EXCHANGE MARKET DEVELOPMENT IN 2016

01.02.17 10:40
/KASE, February 1, 2017/ – Kazakhstan Stock Exchange (KASE) summarized its performance in 2016. Main highlights of KASE operations: - a new KASE development strategy for 2016–2018 was adopted; - the total volume of trading was equivalent to KZT94.5 trln; - KASE index increased by 58 % to 1,357.87 points during the year (the highest growth over the past six years); - capitalization of the shares market increased by 15 % during the year and reached KZT14.3 trln as of January 1, 2017; - the number of individual accounts in the registration system of personal accounts of the Central Securities Depository as of January 1, 2017 reached 105,319, increasing by 3,587 accounts during the year; - KASE hosted the IPO of Aktobe Metalware Plant, with the company raising KZT800 mln. The combined demand reached KZT2,975.3 mln and exceeded the supply 3.7 times. As of January 1, 2017 the value of shares rose by 26.7 % to KZT14,165.7 per share (yield for buyer to offering price – 60.2 % APR); - the first issues of commercial (short-term) bonds were placed. PAVLODARENERGO, SEVKAZENERGO and Eastcomtrans raised KZT1.8 bn selling them on KASE; - KASE rebranding was carried out; - KASE launched an early beta-version of its new website and announced co-branding with TradingView Inc. More details of main indicators of the exchange market are available on KASE website – http://www.kase.kz/files/press/ru/31_01_2017_Itogi_2016.pdf [2017-02-01]