The Kazakhstan Stock Exchange remained stagnant this past week—no trades were made on either the listing or the non-listing (QTS) boards.

On the OTC market outside of the KASE Quotation Trade System (QTS), shares in Kazakhmys continued to be popular although the prices are in decline (US $19.40-$23.40). The common shares in Halyk Savings Bank ranked second to Kazakhmys in terms of traded volume with the price ranging between US $2.90 and US $3.50 per share. Brokers were also active with respect to Kazakhtelecom whose preferred shares took third place in traded volume with the price reaching US $20.44 last week. The KS index remained practically unchanged— 104.20 on August 6.