Kazakhstan Stock Exchange sees liquidity surge as KASE index remains stable
This digest was compiled by AI from multiple sources — links to the originals are below.
Kazakhstan's stock market capitalization reached KZT 46.3 trillion in March 2026. Trading volume increased by 17.8% to KZT 28.7 billion. The KASE index rose marginally by 0.3% amid heightened market activity.
Market Capitalization and Trading Volume
In March 2026, the capitalization of Kazakhstan's stock market reached KZT 46.3 trillion, marking an increase of KZT 1.6 trillion or 3.6% from February. The trading volume for stocks rose by 17.8% to KZT 28.7 billion, with all transactions occurring on the secondary market. The average daily turnover increased to KZT 1.6 billion, with the average number of daily transactions reaching 11,043, and the average transaction size rising to KZT 144,300.
Market Participants and Liquidity
Individual investors dominated the market, accounting for 53.4% of the gross turnover, up from 49.6% in February. Broker-dealer organizations held a 23.3% share, while other legal entities contributed 20.5%. Institutional investors accounted for 2.6%, and banks for 0.2%. The share of non-residents decreased to 8.4% from 10.4% in February, indicating a shift towards domestic liquidity.
KASE Index Performance
The KASE index increased by only 0.3%, closing March at 7,734.60 points. Despite the modest index gain, the turnover of index-related stocks surged to KZT 25.8 billion, up by KZT 7.0 billion from February. This indicates a significant increase in trading activity within the core market, although price growth remained limited.
What's Next
The market's focus will likely shift to upcoming economic indicators that could influence investor sentiment. It remains uncertain how external factors will impact the market's liquidity and index performance in the coming months.
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Kazakhstan Stock Exchange sees liquidity surge as KASE index remains stable
