Freedom Holding Corp. (FRHC), owned by Kazakhstani billionaire Timur Turlov, reported a 2.56% increase in its share price (+$4.19), reaching $167.80 per share during a trading session on Nasdaq on May 14. Since the beginning of the year, the company’s shares have gained over 25%, and its market capitalization has surpassed $10 billion.
As a result, the holding’s value has exceeded that of Kazatomprom, the world’s largest uranium producer, which has a market cap of $9.4 billion.
Over the past five trading sessions alone, FRHC’s shares have risen by 10.89%. In a five-year period, the holding’s share price has increased...