KAZAKHSTAN STOCK EXCHANGE

Slides:



Advertisements
Similar presentations
Denim Trading Investment Company || ABOUT US Investment Company Denim Trading has been operating in the securities market.
Advertisements

1. Overview 2. Investment banking 3. Trading 4. Asset management Investment Banking 1 L9: Overview on Investment Banking.
What is mutual fund A Mutual Fund is a special type of investment institution which collects or pools the savings of the community and invests large funds.
SINGAPORE’S EXPERIENCE IN DEVELOPING THE GOVERNMENT BOND MARKETS Yeo Lian Sim Assistant Managing Director (Capital Markets) Monetary Authority of Singapore.
Denim Trading Investment Company || ABOUT US Investment Company Denim Trading has been operating in the securities market.
2  Regulated Exchange of EU.  Cyprus has joined the EU since May  Cyprus has joined the Eurozone as of January  Cyprus, as an EU Member.
Copyright © 2004 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill /Irwin Chapter One Introduction.
Financial Intermediaries Indirect Finance –An Institution stands between lender and borrower. Direct Finance –Borrowers and lenders deal directly with.
Introduction – MBA5041 Stock Market Trading and insider trading Daily trading volatility Mutual fund scandals late trading and market timing fees IPO allocations.
Chapter Five Investment Banking. Investment Banking Activities Accepting Corporate finance Securities trading Investment management Loan arrangement Foreign.
An Introduction To The Financial Markets T H O M S O N F I N A N C I A L.
Capital Market Board of Turkey. A brief timeline and milestones of the Turkish capital markets are presented below: 1981 Capital Markets Law passed
European Stock Markets and Recent Developments By : Suchaya Hongstong.
Minsk, Belarus. FOUNDATION STAGES March 1993 INTERBANK CURRENCY EXCHANGE, closed type joint stock company Main events: organizing foreign currencies trades.
KAZAKHSTAN STOCK EXCHANGE INC. Tallinn 2007, May 13–14.
Industry Research Group 1 1. Fundamental differences of Commercial Banks and Investment Banks, the different job nature and how to make money.
INTRODUCING KAZAKHSTAN STOCK EXCHANGE INC. (KASE) Relevant as of June 1, 2007.
INTRODUCING KAZAKHSTAN STOCK EXCHANGE INC. (KASE) London 2007, January 31.
©2007, The McGraw-Hill Companies, All Rights Reserved Chapter One Introduction.
Copyright © 2007 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill /Irwin Chapter One Introduction.
Russian Trading System Stock Exchange Opportunities of Derivatives market for foreign investors.
4-1 CHAPTER 2 The Financial Environment: Outlines Financial Markets Financial Institutions.
National Clearing Centre National Clearing Centre 2008.
University of Palestine International Business And Finance Management Accounting For Financial Firms Part (3) Ibrahim Sammour.
INTRODUCING KAZAKHSTAN STOCK EXCHANGE INC. (KASE) Hong Kong 2006, December.
Chapter One Introduction.
1 GPW 2007 – NOWA JAKOŚĆ INVESTORS IN EXCHANGE TRADING – H summary of survey findings.
The Role of the London Stock Exchange & UKLA in the IPO process.
Financial Assets (Instruments) Chapter 2 Requests for permission to make copies of any part of the work should be mailed to: Thomson/South-Western 5191.
The Financial Markets and the Investment Banking Process
Financial System By-Arbin Shrestha. What is Financial System? System that allows the transfer of money between savers and investors and borrowers. “A.
CORPORATE BONDS MARKET OF KAZAKHSTAN Building Domestic Debt Markets Conference Budapest, May 12-14, 2003 Azamat Joldasbekov President / Kazakhstan Stock.
CHAPTER 1 AN OVERVIEW OF FINANCIAL MARKETS. FINANCIAL SYSTEM FINANCIAL MARKETS FINANCIAL INSTITUTIONS &INDIVIDUALS FINANCIAL INSTRUMENTS (SECURITIES)
KASE: Current Market Situation Kadyrzhan Damitov President Kazakhstan Stock Exchange (KASE) July 23, 2009 (Almaty, Kazakhstan)
EXCHANGE MARKET OF KAZAKHSTAN The 3rd Asia-Pacific New Markets Forum Busan Korea, June 15-17, 2006 Idel Sabitov First Vice-president / Kazakhstan Stock.
KAZAKHSTAN STOCK EXCHANGE INC (KASE) Relevant as at July 1, 2008.
National Treasury, Republic of South Africa 1 SECURITY SERVICES BILL, 2004 PRESENTATION TO THE PORTFOLIO COMMITTEE ON FINANCE BY Samantha Anderson, Director.
KAZAKHSTAN STOCK EXCHANGE (KASE) December 1, 2008.
©2007, The McGraw-Hill Companies, All Rights Reserved 9-1 McGraw-Hill/Irwin Chapter Nine Stock Markets.
Revise Lecture 8. Q1: Topic of lecture 8? Revise Lecture 8 Ans 1: Money Market and Financial Services.
Law, finance, and growth. NES FF 2005/06 2 Questions How to measure country’s financial development? How to measure country’s financial development? How.
Polish Securities and Exchange Commission Jacek Socha CHAIRMAN OF THE POLISH SECURITIES AND EXCHANGE COMMISSION DEVELOPMENT OF THE REGULATED CAPITAL MARKET.
November 1, 2009 KAZAKHSTAN STOCK EXCHANGE. KASE – Coeval of Tenge KASE was established on November 17, 1993 under the name of Kazakh Inter-bank Currency.
Investment Analysis Lecture1 Introduction: Financial System, Institutions & Instruments Nadir Khan Mengal 5/4/2010.
KAZAKHSTAN STOCK EXCHANGE (KASE) July 1, COEVAL OF TENGE … KASE was established on November 17, 1993 under the name of Kazakh Inter-bank Currency.
Investment and portfolio management MGT 531.  The course assumes little prior applied knowledge in the area of finance.  References  Kristina (2010)
INTRODUCING KAZAKHSTAN STOCK EXCHANGE INC. (KASE) Relevant as of January 1, 2008.
The Four Basic Areas of Finance
Qishloq Qurilish Bank INVESTMENT PROPOSAL. In order to fulfill the requirements of the Resolution of the President of the Republic of Uzbekistan №RP-2454.
Saint-Petersburg, 2008 Planet Capital Investment Group Presentation.
INTRODUCTION TO FINANCIAL MANAGEMENT Chapter 1. WHAT IS FINANCE? Finance can be defined as science and art of managing money. KEYWORDS FINANCIAL MANAGEMENT.
Risk Management Lecture1 Introduction: Financial System, Institutions & Instruments Nadir Khan.
Financial Supervisory Commission 1 The Development in Taiwan Capital Market Fiona Su Deputy-Director Securities and Futures Bureau, FSC, Taiwan September.
Investment Opportunity
FINANCIAL MARKETS TYPES
Part A: UK current account
Chapter 4 Jones, Investments: Analysis and Management
INVESTORS IN EXCHANGE TRADING – H summary of survey findings
An Overview of Financial Markets and Institutions
KAZAKHSTAN STOCK EXCHANGE (KASE)
KAZAKHSTAN STOCK EXCHANGE INC (KASE)
Treasury Management Function in Nepalese Banking Sectors
TYPES OF FINANCIAL ASSETS
CSCS INVESTORS FORUM Lagos, 31 May, 2017.
Lecture 2 Chapter 2 Outline The Financing Decision
INTRODUCING KAZAKHSTAN STOCK EXCHANGE INC. (KASE)
KAZAKHSTAN STOCK EXCHANGE INC (KASE)
KAZAKHSTAN STOCK EXCHANGE INC (KASE)
Muscat Depository & Securities Registration Company SAOC
Presentation transcript:

KAZAKHSTAN STOCK EXCHANGE

KASE – Coeval of Tenge KASE was established on November 17, 1993 under the name of Kazakh Inter-bank Currency Exchange – two days after Tenge (the new national currency of Kazakhstan) had been introduced on November 15, 1993. Currently, November 15 is observed as the official "Day of National Currency".

KASE Shareholders KASE is a commercial joint-stock company with 68 shareholders (as of September 1, 2009). Regional Financial Center of Almaty JSC is the largest shareholder. Shareholders include banks, brokerage firms, asset management companies, pension funds and other professional financial institutions. Voting method: one share – one vote.

KASE Shares and Capital As of September 1, 2009 own capital $11.5 m paid up charter capital $1.1 m authorized shares 5,000,000 outstanding shares 450,000 share balance value 3,717,98 tenge ($24.7 )

Yield Indexes 2008 $11.8 m $1.0 m 8.0 % 10.0% 2007 $11.9 m $1.8 m assets net profit return on assets return on equity 2008 $11.8 m $1.0 m 8.0 % 10.0% 2007 $11.9 m $1.8 m 17.8 % 20.2 % 2006 $8.3 m $2.2 m 32.5 % 34.3 % 2005 $5.2 m $1.3 m 29.0 % 30.4 %

KASE Members The total of members – 84 of which: Category "A" (with the right to trade in all financial instruments circulating on the special trading floor of the Regional Financial Center of Almaty) – 41; Category "B" (with the right to trade in foreign currency) – 31; Category "C" (with the right to trade in futures) – 7; Category "K" (with the right to trade in government securities) – 80; Category "P" (with the right to trade in corporate serial securities listing on KASE) – 80; Category "H" (with the right to trade in corporate serial securities admitted to circulation (trading) in sector “Unlisted securities" of the KASE Trading system, and state-owned shareholding of organizations being privatized) – 45.

Our History (1) 1993 – first trades in foreign currency (US dollars) 1995 – first trades in T-bills 1996 – first trades in derivatives (KZT/USD exchange rate futures) 1997 – first trades in listed shares 1997 – first trades in state-owned shareholding 1997 – first trades in unlisted corporate securities 1998 – launch of KASE "nego" deals system (substitution of over-the-counter securities market ) 1998 – first trades in euro bonds of Kazakhstan 1999 – first trades in listed bonds

Our History (2) 1999 – first trades in municipal bonds (such bonds were prohibited for issue in 2005) 1999 – launch of "nego" repo market 2001 – launch of "automatic" repo market (currently most massive and active sector of KASE market) 2006 – first trades in foreign corporate bonds (JP Morgan and Merrill Lynch) 2006 – IPO of KazMunaiGas Exploration Production shares using KASE settlement system 2006 – KAZAKHMYS PLC (UK) secondary share offering by subscription through KASE

Our History (3) 2007 – special trading floor of the Regional Financial Center of Almaty city established on the base of KASE (to attract foreign issuers and investors) 2007 – launch of new share market index – KASE Index, continuing numerical series of KASE_Shares Index 2007 – KASE commercialization 2008 – implementation of new listing rules, reconstruction of unity through integration of MTF KASE and STF RFCA 2008 – first trades in affined ingot gold futures 2008 – launch of currency swap transactions market

Our History (4) 2009 - development and introduction new Listing rules 2009 - restoration of market unity through union of the main trading floor of KASE and STF RFCA

KASE Market Structure

KASE – Universal Market KASE serves a wide range of markets: "nego" and "automatic" repo with government and corporate securities foreign currency (US dollar, euro, Russian ruble) government securities issued by the National Bank, Ministry of Finance (including Kazakhstan international bonds) and local district authorities of Republic of Kazakhstan IFO bonds and foreign government securities promissory notes equities corporate bonds

Trade Volume and Turnover

Trade Volume and GDP

Market Capitalization

Listed Companies

Securities

Industry Structure

Liquidity Parameters

Liquidity Parameters

KASE Index

KASE Technologies KASE uses its own trading platform: "Server – Client" electronic trading system remote access electronic signature and electronic document circulation traffic encryption on-line data preservation

Contact Information Internet: www.kase.kz E-mail: kase@kase.kz Reception: (+7 727) 272 98 98, 237 53 00 Information and Analysis Department: (+7 727) 237 53 18, 237 53 23 Fax: (+7 727) 296 64 02 Address: 291/3a, Dostyk ave, 050020, Almaty, Kazakhstan