/KASE, April 1, 2025/ – Freedom Holding Corp. has provided Kazakhstan Stock
Exchange (KASE) with a review of the Purchasing Managers' Index (PMI) of
Kazakhstan's manufacturing sectors for March 2025.
Below are comments from Yerlan Abdikarimov, Director of the Financial Analysis
Department of Freedom Finance Global PLC (a 100% subsidiary of Freedom
Holding Corp.).
"March demonstrated a new increase in confidence in the manufacturing sector
of Kazakhstan, with the achievement of the fourth highest value of the index PMI
in the last 12 months. Despite the positive dynamics of the main factors of
production, market confidence is still inferior to the level of the end of last
year. The main causes of growth in March are the ongoing active recovery of new
orders and current demand, which was reflected in a significant expansion of the
workforce, growth in purchases and production, with a simultaneous more
intensive depletion of stocks of finished products. Delivery terms from
suppliers, for the first time in almost five and a half years, left the zone of
pessimism. High inflationary pressure persists, despite some weakening compared
to February: the growth rate of purchase prices remains at the second highest
level for the last 17 months, and for the sale prices – for the last 6 months.
The market participants' forecasts for the next 12 months showed another,
albeit restrained, growth, indicating the prevalence of optimistic expectations
in the sector".
Review in Kazakh –
https://kase.kz/uploads/KZ_Manufacturing_KAZ_2503_PR_348fced8b2.pdf
Review in Russian –
https://kase.kz/uploads/KZ_Manufacturing_RUS_2503_PR_b8973ee105.pdf
Review in English –
https://kase.kz/uploads/KZ_Manufacturing_ENG_2503_PR_f5bceb2491.pdf
[2025-04-01]