Halyk Bank shares have reached a multi-year high on the Kazakhstan Stock Exchange (KASE), peaking at 304.88 tenge ($0.61). At the time of publication, the shares were trading at 299.43 tenge ($0.59) per share.
This marks the highest level since February 2011, when Halyk Bank shares were traded on KASE at 435 tenge ($0.86). At the same time, several financial publications and Telegram channels, including the Qazaq Association of Minority Shareholders (QAMS) channel, referred to the current figure as a historical record for the issuer.
Freedom Broker analysts also highlighted the rise in Halyk Bank’s share price in their daily...