The Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan published an update on Kazakhstan’s securities market showing that equity market capitalisation fell 1.6% in October to KZT 39.6 trillion as of 1 November, mainly reflecting a 12.8% decline in Kaspi.kz’s share price. The KASE Index edged down 0.3% over the month to 7,131.47 points, while share trading volumes decreased 11.5% to KZT 23.9 billion, driven by lower trading in Bank CenterCredit and Halyk Bank of Kazakhstan shares. In the KASE trading lists, 88 share issues from 75 issuers were admitted (including two issuers in the “Non-listing securities” sector). In the KASE Global sector, 47 equity instruments and 19 ETFs from 59 foreign issuers were available, with trading volume rising 65.3% in October to KZT 36.2 billion on higher trading in Intel, ProShares Trust, SPDR Series Trust, NVIDIA and Meta Platforms shares. Outstanding corporate debt traded on KASE fell 0.7% to KZT 14.3 trillion, corporate bond trading declined 1.6% to KZT 659.9 billion and primary corporate bond market volumes increased 11.0% to KZT 548.6 billion; KASE listed 660 corporate bond issues from 143 issuers as of 1 November. Outstanding government debt traded on KASE was unchanged at KZT 30.7 trillion, while government securities trading volumes fell 2.5% to KZT 599.3 billion; in the primary market, regional administrations of ten regions and Shymkent raised KZT 70.2 billion and the Ministry of Finance placed nine bond issues raising KZT 451.3 billion at yields to maturity of 4.41% to 17.25%. The collective investment market comprised 58 unit investment funds, with assets under management down 9.1% to KZT 360.2 billion and securities accounting for 83.5% of fund assets; the Central Securities Depository’s nominee holding accounts rose 4.1% to 4.81 million, and assets of professional market participants decreased 2.2% to KZT 580.5 billion as of 1 November, alongside a 9.8% fall in liabilities to KZT 136.2 billion and a 0.4% rise in equity to KZT 444.4 billion.
Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan 2025-12-03
Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan reports October 2025 drop in stock market capitalisation to KZT 39.6 trillion
Kazakhstan's financial market agency reported a 1.6% decline in equity market capitalisation to KZT 39.6 trillion in October, mainly due to a 12.8% drop in Kaspi.kz’s share price. The KASE Index fell 0.3% to 7,131.47 points, with share trading volumes down 11.5% to KZT 23.9 billion. Conversely, the KASE Global sector's trading volume rose 65.3% to KZT 36.2 billion, driven by increased activity in Intel, ProShares Trust, SPDR Series Trust, NVIDIA, and Meta Platforms shares.