The Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan published a securities market update as of 1 April 2026 showing a stronger domestic equity market in March and higher activity in government securities. Stock market capitalisation reached KZT 46.3 trillion, up 3.6% during the month and 18.8% since the start of the year, while equity trading volume rose 17.8% to KZT 28.7 billion. The increase was driven mainly by price gains in KazMunayGas and KazTransOil, and the Kazakhstan Stock Exchange index edged up 0.3% to 7,734.6 points. On the Kazakhstan Stock Exchange, corporate debt outstanding was broadly unchanged at KZT 16.7 trillion, although corporate bond trading fell 3.2% to KZT 345.0 billion because of lower secondary market turnover. Primary corporate bond issuance totalled KZT 299.1 billion, 8.0% above February, reflecting higher placements by quasi-state companies and almost fourfold growth from financial sector issuers. Government debt traded on the exchange increased 6.7% to KZT 35.1 trillion and total trading in government securities rose 17.9% to KZT 0.9 trillion, including KZT 568.1 billion raised by the Ministry of Finance across nine bond issues with yields to maturity of 15.10% to 18.76% and KZT 33.3 billion raised by six regional administrations. The KASE Global segment contained 47 shares, three American depositary receipts and 22 exchange-traded funds from 63 foreign issuers, with turnover down 17.9% to KZT 19.2 billion. In the collective investment market, 58 unit investment funds were operating and assets under management fell 6.1% in March to KZT 324.1 billion. The central depository’s nominee holding system counted 5.35 million accounts, up 1.6% on the month.