Kazakhstan's Agency for Regulation and Development of the Financial Market published its February 2026 update on the securities market, reporting that equity market capitalisation rose 1.8% to KZT 44.7 trillion as of 1 March 2026 and the Kazakhstan Stock Exchange (KASE) Index edged up 0.1% to 7,711.15. Equity trading volume increased 0.5% over the month to KZT 24.4 billion, largely reflecting higher turnover in Air Astana JSC, AltynGold plc and Bank CenterCredit JSC shares. As of 1 March 2026, KASE trading lists included 89 share issues from 76 domestic issuers, including two issues admitted to the “Non-listed securities” sector. In the “KASE Global” sector, there were 47 share issues, three ADRs and 21 ETFs from 62 foreign issuers, while trading volume fell 3.4% to KZT 23.4 billion amid lower turnover in Intel Corporation, Meta Platforms, Inc. and Tesla, Inc. securities. Corporate debt outstanding on KASE rose 2.5% to KZT 16.7 trillion; corporate bond turnover increased 3.1 times to KZT 356.6 billion, driven by a 4.7 times rise in primary market trading to KZT 276.9 billion linked to higher quasi-sovereign placements, including by Agrarian Credit Corporation JSC, Industry Development Fund JSC and KazAgroFinance JSC. Government debt outstanding increased 2.8% to KZT 32.9 trillion, and government securities turnover rose 46.9% to KZT 0.8 trillion, with primary market trading up 27.7% to KZT 0.6 trillion from placements of nine Kazakhstan Ministry of Finance bond issues with yields to maturity of 14.94%–16.21%. The collective investment market comprised 58 unit investment funds as of 1 March 2026, while assets under management fell 0.2% in February to KZT 345.3 billion, of which securities portfolios accounted for KZT 282.6 billion (81.8%).