Index Overview

Index description

AIX Qazaq Index is a rules-based, float-adjusted market capitalization-weighted equity index. The Index is comprised of securities of Kazakhstani companies traded on Astana International Exchange (“AIX”), Kazakhstan Stock Exchange (“KASE”) and London Stock Exchange (“LSE”). Kazakhstani companies include those either registered in Kazakhstan or whose business income is generated partially or fully in Kazakhstan or substantial amount of operational activity is located in Kazakhstan.

The purpose of the Index is to measure price changes of shares traded on AIX, KASE and LSE, which have satisfied criteria for inclusion into the index basket. The Index is primarily created for improving the investment process, through measuring performances of the most liquid segment of the Kazakhstan capital market and the possibility of comparing potential investment strategies with the Index.

AIX Qazaq Index is a price index and it is not adjusted for dividends paid and is not protected against dilution caused by dividend pay-outs.

Quick facts

Weighting Scheme	Float-adjusted market capitalization and liquidity score method
Rebalancing Frequency	Quarterly
Number of Constituents	12
Calculation Frequency	End of day
Calculation Currency	KZT
Launch Date	2 July 2021
Base Date	1 July 2021
Base Value	1

Index constituents as of 30 September 2024

Index Methodology