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June 15, 1998
No trades took place on the Kazakhstan Stock Exchange (KASE) last week.
The most liquid shares on the OTC market are the common and preferred stocks of Jezkazgan Non-ferrous Metals plant (JNF-C and JNF-P) and preferred shares of Kazakhtelecom (KKT-P). The traded volumes are still not very substantial as major investors are awaiting the sales of state blocks in 'Blue Chip' companies. Due to unstable market situation, the KS index is considerably fluctuating. The closing point on June 11 was 109.78.
Kazakhstan Weekly News is also available free of charge on E-mail. To subscribe via E-mail, please contact us on Lydia@kazks.kz or Madina@kazks.kz.
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