The Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan published a snapshot of securities market indicators as of 1 February 2026, showing equity market capitalization rising 12.6% in January to KZT 43.9 trillion and the Kazakhstan Stock Exchange (KASE) index increasing 9.5% to 7,702.60 points. Equity trading on KASE totalled KZT 24.2 billion, up 10.0% over the month. Equity capitalization growth was attributed mainly to price gains in KASE index constituents, including National Atomic Company Kazatomprom (+49.6%), KazMunayGas (+10.5%) and Halyk Bank of Kazakhstan (+8.2%). KASE listed 89 share issues from 76 domestic issuers (including two issues in the “Unlisted securities” sector); the KASE Global sector comprised 47 instruments, including 3 ADRs and 21 ETFs from 62 foreign issuers, and trading there rose 29.4% to KZT 24.2 billion. Outstanding corporate debt securities on KASE increased 0.4% to KZT 16.3 trillion, while corporate bond trading volumes fell 88.8% to KZT 114.7 billion versus December 2025 amid a 93.4% drop in primary-market volumes to KZT 59.2 billion; 717 corporate bond issues from 158 issuers were listed. Outstanding government debt securities rose 0.5% to KZT 32.0 trillion and government securities trading increased 19.2% to KZT 0.5 trillion, with primary-market trading up 53.5% to KZT 0.4 trillion entirely from placements of Ministry of Finance bonds.