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Abstract This study uses econometric methods to reveal the relationship between the highest price formation and trading volume in the share indices of energy and oil companies traded on the Kazakhstan Stock Exchange (KASE). The study used daily transaction data of KEGC, KZAP, and KZTO companies for 200 trading days in 2022. The analysis is based on the VAR method. The shock effect analysis concluded that there is a mutual interaction between the trading volume and the highest price formation for all three companies. Trading volume had a causal effect on the highest price of only one company (KZTO). The existence of a correlation between the trading volume and the highest price formation is important for investment decisions. This can be interpreted as an indication of a connection between the trading volume and the highest price formation in KASE. More information on this relationship can be obtained by performing similar analyses for other companies traded in the KASE. Downloads Download data is not yet available. Downloads FULL TEXT Published 2023-05-17 How to Cite Zhussipova, E. Y., Ydyrys, S. S., Makhanbetova, U., Tayauova, G., & Pirmanova, Z. (2023). The Relationship between the Highest Prices and Trading Volume in the Share Indices of Energy and Oil Companies in Kazakhstan. International Journal of Energy Economics and Policy, 13(3), 28–35. https://doi.org/10.32479/ijeep.14189 More Citation Formats ACM ACS APA ABNT Chicago Harvard IEEE MLA Turabian Vancouver Download Citation Endnote/Zotero/Mendeley (RIS) BibTeX Issue Vol. 13 No. 3 (2023) Section Articles License Submission of an article implies that the work described has not been published previously , that it is not under consideration for publication elsewhere, that its publication is approved by all authors and tacitly or explicitly by the responsible authorities where the work was carried out, and that, if accepted, will not be published elsewhere in the same form, without the written consent of the Publisher. The Editors reserve the right to edit or otherwise alter all contributions, but authors will receive proofs for approval before publication. Most read articles by the same author(s) Kundyz Myrzabekkyzy, Bektur Keneshbayev, Dina I. Razakova, Indira Kenzhebekova, Zhansulu Pirmanova, Analysis of Causality Relationship Between the Economic Growth and the Energy Production and Technological Investments in Kazakhstan , International Journal of Energy Economics and Policy: Vol. 12 No. 6 (2022) Bibigul Izatullayeva, Gulzhanat Tayauova, Gulnara Sadykova, Madina Toktibayeva, Altynbek Kenzhaliyev, A Comparison of the Returns of Oil and Energy Companies Quoted in Kase and the Returns of the Kase Index, Exchange Rate, and Selected International Energy Indices , International Journal of Energy Economics and Policy: Vol. 13 No. 1 (2023) Make a Submission Make a Submission Dergi Kapağı

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