Kazakhstan’s stock market capitalization reached 39.6 trillion tenge (about $72 billion) as of Sept. 1, 2025. The figure grew 5.1% in August and 20.4% year to date.
Shares of companies listed on the Kazakhstan Stock Exchange (KASE) index — Kaspi.kz (+6.6%), Kazatomprom (+8.7%) and ForteBank (+15.5%) — were the main contributors to this growth, according to the Agency for Regulation and Development of the Financial Market.
In August, the KASE index rose 9% to 6,993 points and has gained 25.4% since the start of the year. However, equity trading volume fell 12.2% to nearly...