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Date
22/12/2020
Astana International Exchange (“AIX”, “Exchange”) is pleased to announce that monthly trading in November 2020 has increased significantly up to $3.7 mln, versus $659k. in the same month last year.
In 2020, global capital markets have been impacted by the COVID-19 pandemic and resulting economic recession. Despite this, the appetite of international investors for Kazakhstan and Central Asia remained high throughout the year due to the decline in interest rates and the emergence of promising private companies ready to raise capital in foreign currency.
CEO of AIX, Tim Bennett, commented:
“The changes we have seen over the past 6 to 9 months have actually strengthened the AIX proposition for both global and domestic investors. We’ve seen interest rates decline globally and therefore there is a lot more interest in investing in equities.