Newsletter October 2022, Issue 3 | Page 2

ALMATY, KAZAKHSTAN

And the actions of Short Sellers

FEAS-EURonext academy

2

FEAS 9th Onsite Training

And the actions of Short Sellers

FEAS-EURonext academy

After two years of online events, FEAS Onsite training is back and 9th round was held on 6-8 September, in Almaty, Kazakhstan.

Kazakhstan Stock Exchange, a Board member of FEAS, kindly hosted 16 young professionals from FEAS Members' Companies.

Since its inception, the Onsite Training Program has been hosted by Borsa Istanbul, Tehran Stock Exchange, Muscat Securities Market, the Egyptian Stock Exchange - twice, Iran Fara Bourse and Kazakhstan Stock Exchange (KASE) was hosting the second time

Participants selection criteria was the same as for the previous years. Candidates were chosen based on their working experience, field and position, English proficiency and the results of the interview conducted by FEAS Secretariat. The results of the selection were shared with all FEAS Members. At the end of the program, each fellow was awarded a certificate.

Sixteen fellows from FEAS members attended the 2022 program which took place on 6-8 September, at the meeting hall of Rahat Palace Hotel Almaty. Participating members were Central Securities Depository of Iran, the Egyptian Exchange, Iran Fara Bourse, Muscat Stock Exchange, Muscat Clearing & Depository, Republican Stock Exchange Toshkent, Tehran Stock Exchange and Uzbek Commodity Exchange.

2022 Fellows: Mr Ahmed Mohamed Elbachir, Ms Maha Mostafa Mahmoud Abdallah, Mr Amr Wagih Abdullatif Elsaudi, Mr Ahmed Mohamed Salman (The Egyptian Exchange), Ms Majeda Shaikhan Majid Al Mamari, Mr Yaqoob Ali Hamed Mohammed Al Omairi (Muscat Stock Exchange), Mr Ibrahim Ahmed Sulaiman Al Balushi (Muscat Clearing and Depository), Ms Indira Khabubulina, Ms Afsona Kuilieva (Republican stock Exchange), Mr Shoaib Rezaie, Mr Reza Ghafouri (Tehran Stock Exchange), Mr Masoud Sedghi, Ms Faeze Ghazanfari (Central Securities Depository of Iran), Ms Sara Farokhisagharchi (Iran Fara Bourse), Mr Islombek Ibrogimov, Mr Elyor Sadikov (Uzbek Commodity Exchange).

The training started on September 6th with an opening presentation by KASE Chairman Ms Alina Aldambergen. Ms Aldambergen gave an overview of the Kazakhstan capital market and key indicators, shared the information about KASE Infrastructure: trading instruments, KASE members, KASE indices, trading volume, KASE official list structure. Regarding the equity market as of the end of August the market cap decreased by 27%, average daily volume of deals decreased by 36% and the main investor category on the secondary market were individuals.