AIX Qazaq Index rises on gradual stabilization in Kazakhstan
Astana International Exchange (“AIX”, the “Exchange”) is pleased to announce that the AIX Qazaq Index (“AIXQI”, the “Index”), which measures the performance of companies related to Kazakhstan, rose 19.45 points (+1.91%) from 1016.15 (as of January 5, 2022) to 1035.6 (as of January 12, 2022). The AIX is operating again in business-as-usual mode since Monday 10th January.
AIXQI consists of shares and Global Depositary Receipts of nine Kazakh companies traded on the AIX, the Kazakhstan Stock Exchange and the London Stock Exchange. These companies include those incorporated in Kazakhstan or those whose revenues are generated partly or wholly in Kazakhstan, or a substantial portion of their operations are conducted in Kazakhstan.
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AIX was formed in 2017 within the Astana International Financial Centre development framework. AIX shareholders are AIFC, Goldman Sachs, the Shanghai stock exchange, the silk Road Fund, and NASDAQ, which also provides the AIX trading platform. The exchange operates within a regulatory environment based on the principles of English Law, thus providing a reliable investment environment. The mission of AIX is to develop an active capital market in Kazakhstan and the region by providing clear and favorable conditions for attracting financing to private and public businesses. AIX develops special segments for mining companies as well as infrastructure projects under the Belt and Road initiative. More details: www.aix.kz
The Astana International Financial Centre was established on the initiative of the First President of the Republic of Kazakhstan – Elbasy Nursultan Nazarbayev as part of the National Plan “100 steps to implement five institutional reforms”. On July 2, 2020, as part of the meeting of the AIFC Management Council, the Center’s Development Strategy was adopted until 2025. According to it, the vision of the AIFC is to become a leading international financial centre in the region, including Central Asia, the Caucasus, the EAEU countries, Western China, Mongolia and Eastern Europe.
The mission of AIFC is to promote the sustainable long-term development of the region. As the Head of State noted, K.Tokayev, “The AIFC with its unique capabilities can act as a universal platform connecting the countries of the region.” https://aifc.kz/
