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November 2, 1998
On 27 October, the resolution of the National Securities Commission called "On Some Measures to Activate the Securities Markets" came into effect. Pursuant to the resolution, brokers and dealers may conclude deals for non-state securities exclusively within the trade systems available at the Kazakhstan Stock Exchange (KASE). At present, the KASE has two computer-aided trading systems: a direct trade system for listed companies (A and B categories) and an indicative quotation trade system, QTS, for non-listed companies. (Interfax)
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One direct transaction was concluded on the KASE last week. It was for common shares in Kazkommertsbank whereby 850 shares were sold for KZT 68,000 (about USD 835).
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