Weighted average dollar rate on Kazakhstan Stock Exchange amounts to 443.3 tenge
The Kazakhstan Newsline Daily Digest
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3h ago
The weighted average dollar exchange rate on the Kazakhstan Stock Exchange (KASE) on April 26, 2024 at 17:00 amounted to 443.20 tenge. Compared to the data as of 17:00 on April 25 (444.26 tenge per 1 dollar), the national currency strengthened by 1.06 tenge against the dollar. Full text available for subscribed users. Try it now ..read more
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Kazakh Halyk Bank pays dividends in amount of 277.4 billion tenge for 2023
The Kazakhstan Newsline Daily Digest
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3h ago
Halyk Bank intends to pay dividends on common shares for 2023. This decision was made at the annual general meeting of shareholders of the bank on April 25, with reference to a document published on the website of the Kazakhstan Stock Exchange (KASE). The total amount of payment is determined in... Full text available for subscribed users. Try it now ..read more
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Demand for dollar increases again in Kazakhstan
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3h ago
More than 176 billion tenge were spent in Kazakhstan on the purchase of foreign currency. According to the National Bank, in March exchange offices sold foreign currency for 176.3 billion tenge, while in February for 175.5 billion tenge. Traditionally, the greatest demand was for dollar. Last month, the population spent 158.5... Full text available for subscribed users. Try it now ..read more
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Loans in Kazakhstan become more expensive for population, but cheaper for businesses
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3h ago
Business loans continue to become cheaper in Kazakhstan. Thus, at the end of March, the rate on tenge loans for legal entities was 17.8%, which is 0.3% less than in February, and 0.7% less than in January, as well as the minimum for the last 17 months. The current decline... Full text available for subscribed users. Try it now ..read more
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Only 1.5% of life insurance company clients in Kazakhstan voluntarily insure their lives
The Kazakhstan Newsline Daily Digest
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3h ago
Among the 6.4 million Kazakhstanis who insured their lives, only 1.5% did so voluntarily. These statistics were provided by the chairman of the life insurance company Halyk Life, Zhanar Zhubaniyazova. At the same time, earlier the Association of Financiers of Kazakhstan (AFK) said that over the past year the number... Full text available for subscribed users. Try it now ..read more
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Scant trade in securities of Rusagro, O’Key and Ozon on Astana Exchange noted, only Polymetal in vogue
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Trading in depositary receipts of quasi-Russian issuers on the AIX is going poorly: investors have no interest in them. Only Polymetal, which redomiciled to Kazakhstan and sold the Russian part of its business, has record figures. Quasi-Russian issuers (companies that conduct their main activities in Russia, but are registered abroad) began... Full text available for subscribed users. Try it now ..read more
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56% of consumer spending of Kazakhstanis goes to food
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3h ago
In 2023, the expenses of Kazakhstanis amounted to an average of 1.1 million tenge per capita 15.2% more than a year earlier. It turns out that per month per capita there was an average of 89.4 thousand tenge, against 77.6 thousand tenge in 2022. Regionally, the highest expenses were traditionally recorded... Full text available for subscribed users. Try it now ..read more
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Kazakhstan collects 4.72 billion tenge in donations for flood victims
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3h ago
As of April 26, 2024, the total amount of collected donations from citizens and companies to the Kazakhstan Khalkyna fund reached 4.72 billion tenge, with reference to the press service of the fund. “From April 19 to April 26, 2024, the Kazakhstan Khalkyna public fund received 2.18 billion tenge from citizens... Full text available for subscribed users. Try it now ..read more
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The Foreign Ministers of Kazakhstan and China discussed the prospects of cooperation
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Deputy Prime Minister – Minister of Foreign Affairs of the Republic of Kazakhstan Murat Nurtleu held a meeting with Deputy Minister of Foreign Affairs of the People’s Republic of China Sun Weidong, who arrived in Astana to participate in the Kazakh-Chinese inter-ministerial consultations. During the meeting, the sides discussed topical issues... Full text available for subscribed users. Try it now ..read more
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On telephone conversation between Foreign Ministers of Kazakhstan and Serbia
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At the initiative of the Serbian side, Deputy Prime Minister – Minister of Foreign Affairs of the Republic of Kazakhstan Murat Nurtleu had a phone conversation with Ivica Dačić, First Deputy Prime Minister and Minister of Foreign Affairs of the Republic of Serbia. During the conversation, the parties discussed ways to... Full text available for subscribed users. Try it now ..read more
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