U.S. dollar market of Kazakhstan: day results

/IRBIS, November 1, 02/ - Following is the table of major indicators of Kazakhstan market for U.S. dollar (more than 99% of country's all currency market). Trends are shown relative to corresponding figures of previous day. ------------------------------------------------------------------------------ Trades in U.S. dollars at Kazakhstan stock exchange (KASE) ------------------------------------------------------------------------------ Instrument USD TOD USD TOD USD TOM USD SPOT Session Main Additional. Evening Evening Time of trades (AST) 10:15a-11:00a 11:30a-3:30p 2:00p-6:00p 2:00p-6:00p Rate (KZT/USD) 154.42(-0.05) 154.42( 0) 154.45( -) - Volume of session (m) 5.610(+0.440) 5.280(-0.930) 1.000(+1.000) 0 Bid 154.42(+0.01) 154.41(-0.01) 154.42(+0.99) - Offer 154.43( 0) 154.42(-0.02) 154.55( 0) - Number of participants 18( 0) 15(+2) 7(+3) 0 ---------------------- ------------- ------------- ------------- ------------- Indicative U.S. dollar quotations in over-the-counter market in information system REUTERS at closing of KASE sessions (disregarding settlement dates) ------------------------------------------------------------------------------ Bid 154.39(-0.01) 154.41(+0.03) 154.42(+0.01) Offer 154.44(-0.01) 154.46(+0.03) 154.47(+0.01) ------------------------------------------------------------------------------ Notes: weighted average rate is given for main and evening sessions, for additional - closing rate; best ask and offer prices at closing of the trades are shown as the Exchange's quotations. Relative to previous day there occurred no significant changes in US dollar market. Volume of USD sale at KASE remained almost the same relative to Thursday, having remained rather high. Despite the fact that the National Bank formed support market today, the share of its participation in stock exchange's deals was not determining one, and most dollars were purchased by second tire banks and their clients. However purchasers were compromising that did not allow sellers to raise the market. This predetermined the minimal price dynamics during the whole day. Only at the evening session with settlements on Monday dollar managed to win three points from tenge. The last circumstance allows IRBIS specialists to expect in the beginning of the next week some growth of dollar rate. However as a whole the market remains very stable. [2002-11-01]