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KASE· August 28, 2026

Teniz Capital becomes market maker for Broadcom and California Resources on KASE

The Kazakhstan Stock Exchange announced that, by a board decision effective September 1, 2026, Teniz Capital Investment Banking JSC has been granted market maker status for two common stocks in the 'KASE Global' sector — Broadcom Inc. and California Resources Corporation. Market maker status means the broker commits to continuously quoting buy and sell prices for these securities, supporting liquidity and narrowing the bid-ask spread. For retail investors in Kazakhstan, this makes it easier to buy and sell shares of major U.S. chipmaker Broadcom and oil-and-gas company California Resources without significant losses from price spreads. The growth of the KASE Global sector in recent years has allowed Kazakhstanis to invest in foreign stocks through local exchange infrastructure, and the addition of more market makers is an important step in building confidence in this mechanism. More active market-making activity is expected to positively affect trading volumes in these securities on KASE.