Kazakhstan: Number of companies listed on the stock exchange
For that indicator, The World Bank provides data for Kazakhstan from 1997 to 2018. The average value for Kazakhstan during that period was 66 companies with a minimum of 11 companies in 1997 and a maximum of 97 companies in 2018.
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The number of listed companies on the stock exchange in Kazakhstan is an indicator of the development of the stock market. A higher number means that more companies use equity financing in their business. Of course, the number of listed companies in Kazakhstan and other countries also reflects the size of the economy: larger economies have more firms.
Definition: Listed domestic companies, including foreign companies which are exclusively listed, are those which have shares listed on an exchange at the end of the year. Investment funds, unit trusts, and companies whose only business goal is to hold shares of other listed companies, such as holding companies and investment companies, regardless of their legal status, are excluded. A company with several classes of shares is counted once. Only companies admitted to listing on the exchange are included.