Assets of the Kazakhstan Stock Exchange reached KZT 3 billion

    Assets of the Kazakhstan Stock Exchange (KASE) in the 1^st half of 2011 increased by 39.6 percent to KZT 3 billion, according to the KASE press service.
    
    "The total trade volume on KASE, the first half of 2011 grew by 6.7 percent to 14.4 trillion tenge (equivalent to 98.4 billion USD). The growth rate was mainly achieved by increasing the volume of trades in corporate securities and foreign currency," KASE said in a statement.
    
    According to the press service, net income totaled 133.8 million KZT and in comparison with the first half of 2010 rose by 0.7 percent.
    
    KASE, reflecting price movements of most liquid stocks, for 6 months decreased by 9.2 percent, while stock market capitalization has decreased in comparison with the beginning of the year by 8.4 percent to US$ 55.7 billion. This is due to price movements in the global market share of commodities caused by China's plans to tighten monetary policy, the unstable economic situation in the euro area and the lack of clarity on the national debt limit of the United States.
    
    "In the corporate bond market trading volume in the period increased by 91.0 percent over the same period last year and reached 173.2 billion tenge. The biggest impact on this segment had bid bonds of the "Fund" Samruk-Kazyna "and a subsidiary bank of JSC" Sberbank Roscii "which turned out to be the most liquid," according to the report.
    
    The capitalization of the corporate bond market since the beginning of the year increased by 90.2 percent, reaching US$ 39.8 billion, which is due to appear in the list of new exchanges of securities issues and give an update on the placement of listed bonds.
    
    "Trading volume on the repo in the first half of 2011 was lower than the same period last year by 11.4 percent and amounted to 5.7 trillion tenge (equivalent to US$ 38.8 billion). By the end of the reporting period, the indicator fell to 0.13 TONIA percent per annum and KazPrime-3M - to 1.63 percent per annum," the statement said, BNews.kz reports.