Kazakhmys Shares Will Be Included in Kazakhstan Stock Exchange Index
OREANDA-NEWS. On 22 April 2008 Kazakhmys PLC announced that it will join the Kazakh Stock Exchange (“KASE”) Index of leading Kazakh shares from 1 May, 2008.
The inclusion of Kazakhmys in the Index is consistent with the Kazakhstan Stock Exchange’s intention to make the Index more representative of the Kazakh economy. KASE anticipates that trading volumes and liquidity in Kazakhmys shares on the Kazakh exchange should increase as a result of inclusion in the Index.
Vladimir Kim, Chairman of Kazakhmys said: “We are pleased to be joining the KASE Index and hope that, by broadening our shareholder base in Kazakhstan along with an increase in the volume of shares traded, this will benefit both our shareholders and the development of the capital market in Kazakhstan.”
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