Maxim Manturov, Head of Funding Analysis at Freedom Finance Europe, explores 5 of Kazakhstan’s main and strategically necessary shares to spend money on.
Kazakhstan has seen important progress lately. Largely from market reforms and proudly owning an abundance of pure assets like gasoline, oil, and uranium, Kazakhstan is turning into a powerhouse in Central Asia. The Kazakhstan Inventory Trade (KASE) is residence to a number of of the nation’s main and most systemically necessary firms, offering buyers with an abundance of promising alternatives.
Kaspi.kz (KSPI) is a fintech firm offering a variety of companies. These companies embody banking, insurance coverage, funds, and predominantly serve clients in Kazakhstan. Kaspi.kz is effectively positioned to seize a share of its market because the financial system develops additional and other people achieve extra entry to monetary companies. For the time being, just about each Kazakhstani individual makes use of the Kaspi app every day for funds, transfers, and purchases. Kaspi.kz has a longtime place available in the market, a robust model, and an built-in enterprise mannequin which is mirrored in its secure income and profitability progress lately.
Halyk Financial institution (HSBK) is one in all Kazakhstan’s largest banks and sometimes referred to as “too huge to fail”. It provides a variety of retail and company banking companies and hasestablished market place, and a robust model. Halyk Financial institution’s buyer base is massive and numerous, serving to to mitigate the dangers related to every section.
Kcell (KCEL) is among the largest telecommunications firms offering cell and fixed-line companies in Kazakhstan. The corporate has a longtime place in its area in addition to a variety of services which additional strengthen its already sturdy model.
The corporate additionally has a big and numerous buyer base, which helps mitigate the dangers related to every section. There’s a massive and rising market alternative within the telecommunications sector in Kazakhstan. The corporate additionally has a secure monetary efficiency monitor file. As extra individuals achieve entry to cell and fixed-line companies, Kcell is well-positioned for additional progress.
Kazatomprom (KAP) is a Kazakhstani nuclear firm specialising within the manufacturing of uranium and nuclear gasoline. It manifests itself globally with precedence entry to one of many largest useful resource bases. Kazatomprom mines uranium solely in Kazakhstan and has the most important uranium reserve base within the business with 295,000 tonnes.
The corporate’s uranium deposits are appropriate for cost-effective and least environmentally damaging ISL mining, which, mixed with the lengthy lifetime of its mining property, permits Kazatomprom to stay among the many world’s main producers with the bottom value of uranium manufacturing. Kazatomprom is effectively positioned to profit from the rising world demand for nuclear energy, with extra international locations switching to low-carbon power sources. Kazatomprom’s massive uranium reserves and vertical integration, enable it to manage the complete nuclear gasoline manufacturing course of from mining to enrichment and gasoline fabrication.
KazMunayGas (KMGZ) is Kazakhstan’s largest oil and gasoline firm. KMG manages property throughout the complete manufacturing cycle, from hydrocarbon exploration and manufacturing to transportation, processing, and companies. As demand for oil and gasoline continues to rise, KMG is effectively positioned to capitalise on it.
The oil and gasoline business is among the most necessary industries for the financial system in Kazakhstan, which is among the many twenty largest oil-producing international locations on the planet, and JSC NC KazMunayGas ranks first in Kazakhstan by way of oil manufacturing. Over the following ten years, its progress shall be pushed by an elevated useful resource base, effectivity of present operations, lengthening of the worth chain, implementation of contemporary applied sciences,and a decreased carbon footprint.