/KASE, January 9, 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 December 2024.
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 December, while we saw a slight drop in activity within the service sector,
signalled by the headline index dropping to 49.7, the broader trend of
strengthening demand remained intact. Companies continued to attract new
clients, with demand for services in Kazakhstan improving as the year ended.
Employment within the sector continued to rise, albeit at a slower pace compared
to previous periods. Although inflationary pressures, particularly on costs,
have increased, they remain within manageable levels. Looking ahead to 2025,
companies are confident that demand will sustain activity growth, and they are
committed to further investment and enhancing the quality of their services".
Review in Kazakh –
https://kase.kz/files/presentations/kz/KZ_Services_KAZ_2412_PR.pdf
Review in Russian –
https://kase.kz/files/presentations/ru/KZ_Services_RUS_2412_PR.pdf
Review in English –
https://kase.kz/files/presentations/en/KZ_Services_ENG_2412_PR.pdf
[2025-01-09]