KAZAKHSTAN STOCKS AND BONDS FALL IN MOSCOW AND LONDON DUE TO PROTESTS

The exchange rate of Kazakhstan's national currency amid mass protests over the declaration of a state of emergency in several regions of the country is declining against the euro by 0.39% to 492.625 tenge per €1 and against the dollar by 0.14% to 435.45 Kazakhstani tenge.

Kazakhstan's main stock index, KASE, is down 2.95% at 13:49 Moscow time. Kazakhstan's government bonds on the Moscow Exchange are depreciating, according to "Prime." Seven ruble-denominated bond issues of Kazakhstan are traded on the Moscow Exchange. Five of them are down 0.2%-4% with low trading volumes. Two bond issues on the Moscow Exchange are up 0.02% and 0.5%. The issue with the highest trading volume of ₽9 million, "Kazakhstan 01," is down 0.2% and is trading at 93.9% of face value.

Shares of the Kazakhstani fintech company and marketplace Kaspi.kz as of 14:30 Moscow time fell by 7.4% to 48,384 tenge on the Kazakhstan Stock Exchange. On the London Stock Exchange, GDR quotes also fell by 7.12% to €109.6 per share.

Quotes of the world's largest uranium producer Kazatomprom from Kazakhstan plummeted by 9.85% at 14:30 Moscow time. This is evidenced by trading data. On the Kazakhstan Exchange, Kazatomprom lost 6.96% of its capitalization, and its shares fell to 15,715 tenge per share. Some employees of the subsidiary company "MAEK-Kazatomprom" announced a strike and joined the protesters. However, the enterprise is operating as usual, according to company representatives. The quotes of the uranium exchange-traded fund Global X Uranium ETF in New York are up 1.78% to $24.6.

Protests also hit the quotes of the mobile operator in Kazakhstan, Kcell (-3.62%), People's Bank (-3.27%), the confectionery manufacturer "Bayan Sulu" (-2.83%), and the trunk oil pipeline operator "KazTransOil" (-2.65%). This is evidenced by trading data from the Kazakhstan Stock Exchange.

Quotes began to fall against the backdrop of mass protests in Kazakhstan, which began after the increase in prices for liquefied gas. Kazakhstan's President Kassym-Jomart Tokayev blamed the government, including the Ministry of Energy, as well as the companies "KazMunayGas" and "KazakhGas," for the protests. The country's government resigned. Tokayev instructed to introduce state price regulation for liquefied gas, gasoline, and diesel for six months in the republic to the level of the end of 2021.

More on RBC: https://quote.rbc.ru/news/article/61d58d8d9a79473450bf03ed

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