Stock Exchange attracts more players
Kazakh companies are enhancing their attractiveness in the market. There is a growing demand for the stocks of the Kazakh enterprises. The trading volume of the securities market grew more than twice and reached 1.5 billion tenge in the first six months of 2018. Seven new enterprises sold their stocks. The profit of the securities holders totaled 23 to 65 per cent. Experts of KASE believe that the trading volume will continue growing.
ANDREI TSALYUK, DEPUTY CHAIRMAN, KAZAKHSTAN STOCK EXCHANGE:
- The growth of trading is very attractive and investors start paying more attention to it. I would also like to point out the reasons. In 2-3 years, the current deposit rates and other short-term financial instruments can be at a significantly lower level, for example, about 6 per cent per annum. However, buyers of the securities of the Finance Ministry can see profits here.