August 31, 1998
Last week two trades were closed on the listing board of the Kazakhstan Stock Exchange (KASE). The first trade was for 11,000 preferred shares in AktobeMunaiGas (AMGZp). The package was sold at KZT 5,148,000 (US $66,000.). The other trade was made for common shares in Kazkommertsbank (KKGB): 2,301 shares were sold at KZT184,080 with the same per share price of KZT80.0 (US $1.03) as last week. On the non-listing board under the Quotation Trade System (QTS), common shares in the Almaty company Etalon continued in demand. Forty shares were sold in two transactions with a per share value of KZT79,100 (US $1,014).
| All-time |
||||||
| low | high | |||||
| AMGZp KKGB ETLN |
Aug-26 Aug-26 Aug-27 |
6.00 1.03 1.,014 |
66,000 2,370.03 40,560 |
N/A 26.32 N/A |
6.00 0. 85 517.5 |
22.87 1.03 1,190 |
On the OTC market, not covered by the QTS, preferred shares of AktobeMunaiGas took the lead in terms of traded volumesome US$179,167 between August 20th and August 27th . The KS index was fluctuating around the 106 level last week, but dropped to 96.59 on August 27th.
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.
| Home | Asset Pricing | News & Analysis | Research | Related Sites | Table of Contents | Search We welcome your comments, opinions,
and submissions to EMC. Copyright ©
1996-2000, The Emerging
Markets Companion, and/or its licensors. All Rights Reserved. The
information herein was obtained from sources which The Emerging Markets Companion, Inc.
and its suppliers believe reliable, but they do not guarantee its accuracy. Neither the
information, nor any opinion expressed, constitutes a solicitation of the purchase or sale
of any securities or commodities. Please
read our full disclaimer. |