Before it's here, it's on the Bloomberg Terminal. The Kazakhstan Stock Exchange Index KASE is expected to trade at 2381.18 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Traditionally, USD/KZT trades make up more than 95% of the turnover in the foreign currency market. Publish your articles and forecasts in our website. 21 hours ago. Debt Coverage: KASE's operating cash flow is negative, therefore debt is not well covered. a member of the Association of Financiers of Kazakhstan (AFK) which is the largest professional association in Kazakhstan's financial market, with about 250 members; a member of the Exchange Association of Kazakhstan (EAK), founded in 2011 and uniting 7 financial institutions represented by exchanges and market participants. All quotes are in local exchange time. This is where the average-weighted USD/KZT exchange rate is fixed, which is used as the official exchange rate by the National Bank of the Republic of Kazakhstan the next day. No need to calculate the sustainability of KASE's dividend in 3 years as they are not forecast to pay a notable one for the KZ market. This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data. 337927). license for carrying out banking transactions in the national and foreign currency (No. How is Kazakhstan Stock Exchange forecast to perform in the next 1 to 3 years based on estimates from 0 analysts? It is a part of The Almaty Financial Centre.. The legislation of the Republic of Kazakhstan stipulates a system of tax benefits to attract investors to the organized securities market. The first foreign currency trading in US dollars took place in 1993. You can browse all markets by country if needed. The indicator's fixing occurs at 11:30 Almaty time and within 30 minutes afterwards every signatory of the indicator formation agreement must conclude transactions using quotations he offered, if so requested by the other signatories. Unlike KazPrime quotes used to calculate the indicators are indicative and do not bind banks to perform transactions based on them. KASE earns more interest than it pays, so coverage of. But as Kazakhstan Stock Exchange has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions. KASE's earnings have grown significantly by 22.2% per year over the past 5 years. The indicators are calculated in real time upon the conclusion of each opening nego repo transaction in government securities. The National Bank offers its notes independently. KASE has not had significant price volatility in the past 3 months. Cookie Notice. After the issuer's securities have been included in the Exchange's official list, trade in the securities should be opened within three months after the date of their inclusion. The decision to officially list a company's securities is made by the Listing Commission. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. The Kazakhstan Stock Exchange Index KASE tracks the performance of stocks at the Kazakhstan Stock Exchange in Almaty, Kazakhstan. IPO of KazMunaiGas Exploration Production using KASE settlement system, Launch of currency swap transactions market, Launch of a securities trading system based on T+0 (gross) settlements scheme with fully pre-positioned collateral, Conducting of 17th General Assembly of Federation of Euro-Asian Stock Exchanges (FEAS), Signing of mutual co-operation memorandums with Korea Exchange, Istanbul Stock Exchange and Tehran Stock Exchange, Creation of new multi-functional online trading system "STrade", Setting up of clearing department on KASE, KASE obtains status of fully-fledged member in World Federation of Exchanges (WFE), Launch of yield indicators of currency swap transactions SWAP-1D and SWAP-2D, Launch of the exchange market indicator of short money MM index, KEGOC JSK IPO s part of the "People`s IPO" program.