Ticker	Volume	Price	Price Delta
DJIA	15,354.40	+121.18	0.80%
S&P 500	1,667.47	+17.00	1.03%
Nasdaq	3,498.97	+33.72	0.97%

Ticker

Volume

Price

Price Delta

DJIA

15,354.40

+121.18

0.80%

S&P 500

1,667.47

+17.00

1.03%

Nasdaq

3,498.97

+33.72

0.97%

Ticker	Volume	Price	Price Delta
STOXX 50	2,822.83	+4.84	0.17%
FTSE 100	6,734.38	+11.32	0.17%
DAX	8,439.24	+41.24	0.49%

Ticker

Volume

Price

Price Delta

STOXX 50

2,822.83

+4.84

0.17%

FTSE 100

6,734.38

+11.32

0.17%

DAX

8,439.24

+41.24

0.49%

Ticker	Volume	Price	Price Delta
Nikkei	15,360.80	+222.69	1.47%
Hang Seng	23,493.00	+410.35	1.78%
S&P/ASX 200	5,209.04	+28.26	0.55%

Ticker

Volume

Price

Price Delta

Nikkei

15,360.80

+222.69

1.47%

Hang Seng

23,493.00

+410.35

1.78%

S&P/ASX 200

5,209.04

+28.26

0.55%

Kazakhstan Expects Oil Fund to Reach $100 Billion by 2015

By Svetlana Antoncheva - 2012-08-28T05:22:01Z

Kazakhstan’s government expects assets held by its sovereign wealth fund to more than double to $100 billion by 2015, Economic Development and Trade Ministry said in a statement distributed today in the capital, Astana.

The value of assets held by the National Oil Fund reached $53.3 billion in July, the Central bank said Aug 6.

Kazakhstan, which holds about 3 percent of the world’s oil reserves according to BP Plc (BP/), created the National Oil Fund in 2000 to guard against declines in the price of crude. The fund holds 80 percent of its assets in bonds and 20 percent in stocks, the central bank said in November 2010.

To contact the reporter on this story: Svetlana Antoncheva in Astana, Kazakhstan at santoncheva1@bloomberg.net

To contact the editor responsible for this story: Brad Cook at bcook7@bloomberg.net

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