Exchange Council Approved KASE Budget for 2010
OREANDA-NEWS. December 04, 2009. Kazakhstan Stock Exchange (KASE) Council at the meeting approved KASE action plan for 2010, reported the press-centre of KASE.
The action plan stipulates KASE development in 2010 on the following strategic areas:
- financial instruments liquidity increase;
- new financial instruments introduction;
- attraction to the exchange market of new securities issuers;
- listing and information disclosure by securities issuers procedures improvement;
- KASE trades and settlements order improvement;
- information technologies improvement;
- KASE provided services quality improvement;
- KASE group corporate management improvement.
At the same Exchange Council meeting was approved KASE 2010 income and expenses budget. Income - KZT907.8 m, expenses - KZT590.7 m, net income is forecasted at KZT221 m.
According to 2009 10 months results in compliance with an unaudited unconsolidated financial statements KASE income made up KZT1,029.2 m, expenses - KZT501.9 m, net income - KZT492.3 m. KASE own capital at present is estimated at KZT1,806.1 m.
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