“Kazakhstan Association of oil-gas and energy complex KAZENERGY” ALE and “Kazakhstan stock exchange” JSC (KASE, the Exchange) signed a Memorandum on cooperation.
The Memorandum is aimed at cooperation between KASE and the Association in the framework of developing proposals to attract domestic and foreign companies as issuers and investors, including member companies of the Association, to the stock market of Kazakhstan. In addition, the purpose of the Memorandum is to increase awareness of entrepreneurs of the Republic of Kazakhstan on the domestic stock market and its opportunities.
The Exchange and the Association are planning to hold joint conferences and organize a dialogue platform for information support of domestic and foreign companies planning to enter the stock market of Kazakhstan. The Exchange intends to conduct training for the Association's member companies.
For reference
“Kazakhstan stock exchange” JSC (KASE) is a leading stock exchange in the Central Asian region and the only exchange in Kazakhstan, operating in the financial market. It is a universal trading platform for repo market instruments, foreign currencies, government and corporate securities, bonds of international financial institutions, as well as derivatives.
KASE is a member of the World Federation of exchanges (WFE), the Federation of Euro-Asian stock exchanges (FEAS) and other international and domestic professional associations. In 2015, KASE joined the UN initiative “Stock exchanges for sustainable development”. KASE ranks second among the CIS stock exchanges in terms of trading in securities, and ranks sixth in terms of market capitalization of shares of FEAS stock exchanges.
