Total traded value on AIX in October was USD 2.2 mln, KZT 848 mln
Almost one-third of the turnover was achieved in Halyk Bank’s GDRs.
Astana International Exchange (AIX) presents its market operational update for October 2019. Total traded value for the period was USD 2,178,798.98, equivalent to KZT 848,191,647.96*. Almost one-third of the turnover was achieved in Halyk Bank GDRs making it the second-largest traded product on AIX.
CEO of AIX, Tim Bennett, commented:
“The secondary placement of the Kazatomprom GDRs, as well as the listing of Halyk Bank at the end of September, increased liquidity on AIX, and demonstrated the AIX’s ability to develop an integrated market for foreign and local investors in Kazakhstan.”
Trading Update:
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* Based on the currency rates from the National Bank of Kazakhstan for the day of trade.
Reference:
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
AIFC. Astana International Financial Center (AIFC) was established on the initiative of Nursultan Nazarbayev, the First President of the Republic of Kazakhstan. The constitutional law establishing AIFC was signed on December 7, 2015. The aim of AIFC is to form a leading center of international financial services. The objectives of AIFC are to assist in attracting investments into the country’s economy, create an attractive environment for investment in financial services, develop the securities market of the Republic of Kazakhstan and ensure its integration with international capital markets. www.aifc.kz