The volume of traded KAP.Y global depositary receipts on the AIX doubled

Monday, 4 March 2019

Astana International Exchange (AIX) presents its market update for the period from 1 to 28 February 2019. Trading volume of “Kazatomprom” JSC KAP.Y global depositary receipts (GDR) for the indicated period amounted to $632.6 thd, which is almost 100% more than in January 2019. Turnover in ordinary shares of “Kazatomprom” (KAP) amounted to 714 mln 090 thd tenge, which is 13% less compared to the previous month.

The average monthly volume of trading in shares and receipts of “Kazatomprom” on AIX exceeds $ 2.5 million. “These are good figures that demonstrate the liquidity AIX can bring to issuers”, noted Tim Bennett, AIX CEO. “However, an even more important indicator is the velocity, at 50% for shares and 95% for GDRs in February, which is a high level and a very encouraging sign of future activity for a frontier market.”