KazTransOil JSC was awarded a diploma - Share Market Leader on behalf of the Kazakhstan Stock Exchange (KASE). The award ceremony took place during the International Exchange Forum, organized in honor of the 30th anniversary of the Kazakhstan Stock Exchange in Almaty. The award was presented to Almas Ungarsynov, Deputy General Director of KazTransOil JSC for Corporate Governance.
During the forum, other financial organizations, experts and specialists from the financial sector were also awarded, who for 30 years have made a significant contribution to the development of the stock market of Kazakhstan.
One of the significant events for the stock market of Kazakhstan was the launch of the People's IPO program, in which KazTransOil JSC became the first company to be listed on the stock market.
«In January 2012, that is, before the start of the People’s IPO, the number of open brokerage accounts on the Kazakhstan Stock Exchange was 9,763 units. After the launch of the People's IPO - as of December 2012, the number of open brokerage accounts amounted to 52,306 units. This is almost five times more compared to the beginning of the year. Thus, the People’s IPO with the participation of KazTransOil JSC gave a powerful start to the development of the Kazakh stock market and the investment culture of the population as a whole,» said Almas Ungarsynov.
