/KASE, March 31, 2017, March 28, 2017 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 April–May 2017 out of shares admitted
to circulation on KASE. The lists were approved by the March 24, 2017 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
April 1 to May 31, 2017 (securities' titles are indicated in the descending
order of their liquidity):
1) common shares KZ1C60260011 (KZ1C00001288, KASE official list, first
category, KZTO) of KazTransOil;
2) common shares GB00B0HZPV38 (KASE official list, second category, GB_KZMS) of
KAZ Minerals PLC;
3) common shares KZ1C34930012 (KZ1C00000959, KASE official list, first
category, KEGC) of Kazakhstan Electricity Grid Operating Company "KEGOC" (Astana);
4) common shares KZ1C59680013 (KZ1C00001015, KASE official list, second category,
BAST) of BAST;
5) common shares KZ1C33870011 (KZ000A0LE0S4, KASE official list, first
category, HSBK) of Halyk Savings Bank of Kazakhstan;
6) preferred shares KZ1P51460114 (KZ000A0RMTC3, KASE official list, first
category, RDGZp) of KazMunaiGas Exploration Production;
7) common shares KZ1C12280018 (KZ0009093241, KASE official list, first
category, KZTK) of Kazakhtelecom;
8) common shares KZ1C29950017 (KZ1C00000744, KASE official list,
second category, AKZM) of Aktobe Metalware Plant;
9) common shares KZ1C36280010 (KZ0007786572, KASE official list,
second category, CCBN) of Bank CenterCredit;
10) common shares KZ1C59150017 (KZ1C00000876, KASE official list, first
category, KCEL) of Kcell;
11) common shares KZ1C51460018 (KZ000A0KEZQ2, KASE official list, first
category, RDGZ) of KazMunaiGas Exploration Production;
12) common shares RU0009029540 (KASE official list, first category, RU_SBER) of
OJSC Sberbank;
13) preferred shares KZ1P60350116 (KZ1P00001341, KASE official list, second
category, ESMCp) of Estate Management Company;
14) common shares RU0007661625 (KASE official list, second category, RU_GAZP) of
OJSC Gazprom;
15) common shares RU0009062285 (KASE official list, second category, RU_AFLT)
of OJSC Aeroflot – Russian airlines;
16) common shares RU0008943394 (KASE official list, second category, RU_RTKM) of
Rostelecom;
17) preferred shares KZ1P12280114 (KZ0009094645, KASE official list, first
category, KZTKp) of Kazakhtelecom;
18) common shares US0605051046 (KASE official list, second category, US_BAC_)
of Bank of America Corporation;
19) preferred shares KZ1P00400112 (KZ0005416453, KASE official list, second category,
KKGBp) of Kazkommertsbank;
20) common shares KZ1C00400016 (KZ000A0JC858, KASE official list,
second category, KKGB) of Kazkommertsbank.
Compared with the current list of shares of the first liquidity class which was
composed for February–March 2017, with regard to the list of shares of the first
liquidity class for April–May 2017 ordinary shares RU000A0JP5V6 (RU_VTBR)
of Bank VTB (OJSC) quit, preferred shares KZ1P60350116 (KZ1P00001341, ESMCp) of
Estate Management Company were included in the list.
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 on
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
April–May 2017 are available on KASE website at
http://www.kase.kz/files/normative_base/liquid_2017_apr_may.pdf
The lists of shares of the first, second and third classes of liquidity for
February–March 2017 are available on KASE website at
http://www.kase.kz/files/normative_base/liquid_2017_feb_march_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
[2017-03-31]