May 4, 2023
Kazakhstan Stock Exchange is a multifunctional trading platform serving 4 exchange markets of the country: the stock, currency, money and derivatives markets
On May 4, 2023, Kazakhstan Stock Exchange JSC (hereinafter – KASE, the Exchange), in honor of its 30th anniversary, together with the Akimdik of the city of Astana and Earth Fund "Sustainable Development" held a solemn ceremony of laying the KASE alley in the Presidential Park of the capital of the Republic of Kazakhstan.
"This year, Kazakhstan Stock Exchange is celebrating its 30th anniversary. To mark our anniversary, and as part of our sustainable development policy and the promotion of environmentally friendly business standards, we would like to contribute to the development of our capital city Astana and plant 100 seedlings of Sakura, a beautiful long-lived and one of the oldest tree species. May the laying of the KASE alley become a symbol of well-being and prosperity of our capital, country and our national Stock Exchange," pointed out Alina Aldambergen, Chairperson of KASE's Management Board.
At the solemn ceremony of laying the KASE alley, the main speakers were also: Managing Director of KASE Yerkin Syzdykov, Head of the Investments and Entrepreneurship Department of the Akimdik of Astana Khalel Akimzhanov, Deputy Director of the Monetary Operations Department of the National Bank of the Republic of Kazakhstan Ivan Serdyuk, Chairperson of the Presidium of Earth Fund "Sustainable Development" Dinara Saduakassova.
Kazakhstan Stock Exchange is a multifunctional trading platform serving 4 exchange markets of the country: the stock, currency, money and derivatives markets.
The mission of the Exchange is to promote the growth of Kazakhstan's economy by creating a wide range of financial instruments to raise capital for domestic issuers, the effective operation of the platform for the redistribution of liquidity in the country's financial system and the provision of transparency and accessibility for local and foreign investors.
The Exchange adheres to high standards and corporate values, such as innovativeness, responsibility, openness and care about the future of our country.
Over the course of 30 years, from the day of the independence of the Republic of Kazakhstan, the country's exchange market has been continuously growing and developing. Successively, trading in government securities of the Ministry of Finance of the Republic of Kazakhstan, notes of the National Bank of the Republic of Kazakhstan, bonds of corporate issuers started, more than 10 IPOs were held.
Last year, the total volume of trading on KASE increased by 50 % having reached 261.6 trillion tenge. During the first 4 months of 2023, the total volume of trading on the Exchange showed an increase of 15% amounting to 98 trillion tenge.
For reference
Kazakhstan Stock Exchange (KASE) is a leading stock exchange in the Central Asian region. KASE occupies the second place among the CIS exchanges in terms of securities trading volume, and the fifth place in terms of the equity market capitalization among the FEAS exchanges.
It is a universal trading platform for corporate and government securities, bonds of international financial organizations, foreign currencies, transactions of the money market – repo and swap, as well as derivatives. KASE is a member of the World Federation of Exchanges (WFE), the Federation of Euro-Asian Stock Exchanges (FEAS) and other international and local professional associations, as well as a participant of the UN's "Sustainable Stock Exchanges" initiative.
Additional information: +7 (727) 237 53 42, pr@kase.kz.