/KASE, May 6, 2025/ – Freedom Holding Corp. has provided Kazakhstan Stock
Exchange (KASE) with a review of the Purchasing Managers' Index (PMI) of
Kazakhstan's service sector for April 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.).
"In April, the steady growth of business activity in the services sector of
Kazakhstan, driven by a rapid increase in new orders, was accompanied by cost
optimization and restructuring of operations at a number of companies.
Consequently, the staff reductions that began in the previous month continued,
and companies increasingly adopted strategies to transfer the burden of growing
costs and market risks to their service prices. These trends point to signs of
intensifying competition, under which companies are striving to balance
increasing demand with cost control. Expectations for the next 12 months have
been moderately adjusted following a surge in confidence in February and
March. Notably, expectations remained historically strong, signalling sustained
optimism within the sector".
Review in Kazakh –
https://kase.kz/uploads/KZ_Services_KAZ_2504_PR_a1021f8a8f.pdf
Review in Russian –
https://kase.kz/uploads/KZ_Services_RUS_2504_PR_bb83287fc5.pdf
Review in English –
https://kase.kz/uploads/KZ_Services_ENG_2504_PR_e07c16e087.pdf
[2025-05-06]