Review KSE trading from 21 to 25 September 2015
Last week, in the trading system of the Kyrgyz Stock Exchange was registered 39 deals worth a total amount of 444 539 soms. In the secondary market, the dynamics was positive, due to the increase in the volume of trading in shares of companies.
The placement of bonds in the primary market made two companies CJSC “Kyrgyz Investment and Credit Bank” and JSC IFC “Salym Finance”. The bonds of the third issue of CJSC “Kyrgyz Investment and Credit Bank” were placed in the amount of 2 748,00 ths. Soms at the price of 1000 soms per share. There were also posted bonds of the first issue of the IFC “Salym Finance” in the amount of 748, 00 thousand soms for as low as 1000 soms per share.
The total amount of the secondary market trading for the week amounted to 441 043.62 thousand soms. Total registered 26 deals. Take the lead in this sector, the two companies:
1. CJSC “Kyrgyz Investment and Credit Bank”, recorded transactions with bonds in the amount of 31 661.38 ths. Som.
2. JSC “Kyrgyz TOO- Tash”, recorded two deals with common shares in the amount of 408 073.01 thousand. Soms at the price of 85 soms per share.
The largest growth week were common shares of Bank “Aalam”. The transaction was carried out on a total of 114, 00 ths. Som. Company’s share price increased by 100 soms and totaled KGS 200 per copy.
Review KSE trading from 1 to 4 September 2015
The first week of the fall at the site KSE ended the growth of the trading volume in the secondary market to 57.52% in total over the past period in the trading system, there were 18 deals amounting to 2 667.68 thousand soms.
Most of the trading volume came in the shares of companies in the section of the secondary market trading, compared to the previous period, an increase of 92.89%, the volume of trades in the bonds on the contrary, decreased by 86.32%. Since a large proportion of tradable shares is not included in the official list of the Exchange, a leader in trading volume appeared unlisted sector.
Primary and secondary market
On the primary market for the week placements took place, the whole trading volume is concentrated in sections of the secondary market, 28 transactions were carried out on a total of 2 667.68 thousand soms.
With the highest volume in the sector, occupying 2/3 of the volume of trading in the week, held one deal in common shares of “Kadam”, which resulted in a change of ownership of a large stake in the company at a rate of 5.52%, the transaction amount 1 974.10 thousand. catfish at 100 som per share. Common shares of “machine-station” recorded 3 transactions in the amount of 267.40 thousand soms, the price per share was 7.32 soms. 10 KGS traded shares of JSC “Bishkek Machine Building Plant”, the total transaction amount of 70.0 thousand soms, and became the leader of the company’s shares fall the week, dropping the price to 10 som (15C.) Per share.
2 transactions were registered common shares of the investment fund “Bereke-Invest” in the amount of 73.65 Som Som 1.49 per share, from previous transactions cost of the company’s shares increased by 0.99 soms.
In addition to these transactions, in smaller quantities to conduct operations with the ordinary shares of JSC “Forty years of October”, OJSC “Financial Company of Credit Unions”, OJSC “Aigul” and others. The largest growth week were common shares of JSC “Kant Cement Factory”, the cost of which was It fixed at 151.0 soms, which is higher than the value of previously concluded deals at 142.93 catfish.
With the company’s bonds was conducted in all three transactions, of which 2 with bonds LLC “Ayu” in the amount of 73.80 thousand soms and 1 deal with the bonds of LLC “Company Roskazmet” amounting to 61.16 som / at the end of which the bonds’ Ayu “showed a decrease in the average market value of up to 900 soms (-47,29s.), and the bonds of LLC” Company Roskazmet “the average price increased to 5 097.22 soms (+ 53,39s.) per copy.
On parallel placement and circulation of government treasury bonds of the Kyrgyz Republic with a 5-year circulation term (Government Resolution of 07.09.2015, № 476).
In accordance with the Law “On the Securities Market” and in order to implement the National Strategy for Sustainable Development of the Kyrgyz Republic for the period 2013-2017 years, approved by Presidential Decree of 21 January 2013 number 11, and the Programme on the transition of the Kyrgyz Republic to Sustainable Development for 2013-2017, approved by the Jogorku Kenesh of the Kyrgyz Republic on December 18, 2013 №3694-V The Government of the Kyrgyz Republic decides:
1. To establish that:
– Parallel placement and circulation of government treasury bonds of the Kyrgyz Republic with a 5-year term treatment is carried out through the National Bank of the Kyrgyz Republic and the Closed Joint-Stock Company “Kyrgyz Stock Exchange”;
– The head of state treasury bonds by the depositary of the Kyrgyz Republic with a 5-year circulation period is the National Bank of the Kyrgyz Republic;
– Sub-depositories authorized to perform the functions of depositary activities of its depositors in respect of transactions with state treasuries of the Kyrgyz Republic with a 5-year treatment, carried out by Closed Joint Stock Company “Kyrgyz Stock Exchange” acts as a closed joint stock company “Central Depository”.
2. To approve the Schedule of events planned by the parallel placement and circulation of government treasury bonds of the Kyrgyz Republic with a 5-year term treatment in accordance with Annex.
3. To recommend to the National Bank of the Kyrgyz Republic to bring their normative legal acts into conformity with this decision.
4. To recognize as invalid:
– Resolution of the Government of the Kyrgyz Republic “On the transfer of placement and circulation of government securities of the Kyrgyz Republic on the trading platform of the licensed organizers of trades” on March 27, 2012 № 208;
– Resolution of the Government of the Kyrgyz Republic “On amendments and additions to the Decree of the Government of the Kyrgyz Republic” On the transfer of placement and circulation of government securities of the Kyrgyz Republic on the trading platform of the licensed organizers of trades “on March 27, 2012 № 208” on April 9, 2012 № 236.
5. This Decision shall enter into force after fifteen days from the date of publication.
Additions and changes to the Rules of transactions with securities.
In order to develop an organized stock market in accordance with Article 39 of the Law “On the Securities Market”, the Government of the Kyrgyz Republic decides:
1. Amend the decision of the Government of the Kyrgyz Republic “On approval of transactions with securities in the Kyrgyz Republic” from October 17, 2011 №647 the following changes and additions:
the Rules of transactions with securities in the Kyrgyz Republic, approved the above decision:
-in paragraph 24:
the first sentence of the third paragraph shall read as follows:
“Exchange transactions can be committed without a set of orders (direct transactions) in the event of significant circumstances to register a direct transaction on the stock exchange, provided by this clause, the Rules of securities trading Stock Exchange adopted a stock exchange in accordance with the legislation of the Kyrgyz Republic.”
chetvertymii following paragraphs – the seventh as follows:
“The essential fact for registration of direct transactions in the stock market is the inability to market transactions by open trade method as parameters and conditions of the transaction are predetermined parties on the basis of an auction or tender, the decision of the general meeting of shareholders or the Board of Directors on the following issues:
– Sale of company shares to the investor, who won on the results of an auction or tender:
– Payment of dividends to shareholders in the form of securities;
– The distribution of shares among shareholders at an additional issue, paid at the expense of the public company. “;
– The seventh paragraph of paragraph 30 is repealed.
2. This Decision shall enter into force after 15 days from the date of publication.