Published
09/08/2026, 16:52August proved to be the weakest month for the Kyrgyz Stock Exchange since the start of 2026. Trading volume fell to 127.4 million KGS, compared with 2.63 billion KGS in July. Over the month as a whole, the market lost 95.2 per cent of its turnover.
The sharp decline affected virtually all the exchange’s main segments. The primary market, which had accounted for a significant proportion of trading turnover in previous months, was hit hardest. The volume of placements on this market fell from 2.09 billion KGS to 91.7 million KGS — a drop of almost 23-fold.
The secondary market was also affected by the downturn. The value of transactions concluded on this market fell from 537.7 million KGS to 35.7 million KGS – a decline of more than 15-fold.
Activity in the listed securities sector fell particularly sharply. Whilst turnover in July reached 1.65 billion KGS, in August it stood at just 49.7 million KGS – a 97 per cent decrease. Trading in unlisted securities fell from 984.5 million to 77.7 million KGS.
However, the number of transactions did not fall quite as sharply – from 119 to 82. This suggests that the exchange faced not so much a disappearance of buyers and sellers as a sharp reduction in the size of the transactions carried out.
Thus, the average value per transaction fell from approximately 22.1 million KGS in July to 1.6 million KGS in August. The number of securities traded also fell by more than five times – from 8.7 million to 1.7 million units.
The August figures look even more stark when compared with last year. In August 2025, turnover on the Kyrgyz Stock Exchange stood at 5.14 billion KGS. Over the course of the year, the figure has plummeted by 97.5 per cent – a fall of more than 40-fold.
