ASTANA, Kazakhstan, January 15. Over the year (2024), trading volume in the KASE Global sector increased by 10 billion tenge (approximately $19.00 million), according to data from the Kazakhstan Stock Exchange, Trend reports.
By the end of 2024, trading volume in the "KASE Global" sector amounted to 46.6 billion tenge, which is approximately $88.74 million—an increase of 27.5 percent, or 10.0 billion tenge (about $19.00 million) compared to 2023. The average daily trading volume was 187.1 million tenge (approximately $355,490 USD), the average daily number of transactions was 497, and the average transaction size was 376.5 thousand tenge (about $714.35 USD).
The most traded securities on "KASE Global" in 2024 were the following stocks and ETFs (exchange-traded funds):
ProShares Bitcoin Strategy ETF (BITO_KZ) – 13,177 transactions totaling 3.0 billion tenge (approximately $5.70 million); Intel Corporation (INTC_KZ) – 13,067 transactions totaling 1.9 billion tenge (approximately $3.61 million); NVIDIA Corp. (NVDA_KZ) – 13,046 transactions totaling 7.4 billion tenge (approximately $14.06 million).
Among the main categories of investors, individuals accounted for 50.9 percent, brokerage-dealer organizations for 31.6 percent, banks for 0.1 percent, and other legal entities for 17.4 percent. The share of non-residents was 0.6 percent.
As of December 2024, there were 60 securities from 56 foreign issuers in the KASE Global sector, including the stocks of 47 companies and 13 ETFs. In 2024, the KASE Global sector added ALPHABET INC., ORACLE CORPORATION, Invesco QQQ Trust, and iShares 20+ Year Treasury Bond ETF.
An exchange-traded fund (ETF) is an index fund that trades its shares on the exchange. The structure of an ETF typically mirrors that of the selected underlying index.
To note, the Kazakhstan Stock Exchange (KASE) is a stock exchange headquartered in Almaty, Kazakhstan. It ranks second among the stock exchanges of the CIS in terms of market capitalization. It was founded in 1993.