OREANDA-NEWS. By Kazakhstan Stock Exchange (KASE) Board decision of June 30, 2009 were approved changes and additions # 3 (amendments) to the KASE internal document "Methodology of Stock Market Indices Calculation" (Methodology), effective from July 15, 2009, reported the press-centre of KASE.

In compliance with mentioned amendments the Methodology was supplemented by the new indicator - the securities closing price, which will be calculated daily on all securities, admitted to circulation on KASE, upon the trading day completion.
                                          
The closing price on any security will be calculated as the last deal price in this security, made during the current trading day given that this deal was or will be executed. If during the trading day no deals were made in any security, this security closing price shall not be calculated on this day.

The Exchange reserves the right to re-calculate any security closing price for any trading day, if on this trading day this security closing price was calculated based on the deal price, which was not executed in compliance with set forth by the KASE internal document order.

The security closing price must be re-calculated not later than the next working day after a condition occurrence described in the previous paragraph. For such re-calculation this security closing price is defined as the price of last executed deal in this security, made on the same trading day, for which this re-calculation is implemented. In case of such deals absence, this security closing price for this trading day shall be annulled.

In addition, amendments have an editorial character.

The Methodology revised text is published on KASE website at
http://www.kase.kz/files/normative_base/indicators_met.pdf