U.S. dollar market of Kazakhstan: day results
/IRBIS, Andrey Tsalyuk, August 9, 06/ - Following is the table of major indicators of Kazakhstan market of U.S. dollar by the day results. The rate is given in tenge per dollar, volume - th. USD. Trends are shown relative to corresponding figures of previous trading day.
Results of trades on Kazakhstan stock exchange (KASE)
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Instrument USD TOD USD TOD USD TOM
KASE's session Morning Day Evening
Time 10:15-11:00 ALT 11:30-16:00 14:00-17:00
--------------- -------------- -------------
Indicator value trend value trend value trend
---------------------- ------ ------- ------ ------ ------ -----
Opening rate 122.50 +0.40 122.47 +0.13 122.45 -
---------------------- ------ ------- ------ ------ ------ -----
Maximum rate 122.90 +0.40 122.74 +0.12 122.45 -
Volume on max. price 10 -3790 400 +300 200 +200
---------------------- ------ ------- ------ ------ ------ -----
Minimum rate 122.50 +0.40 122.28 -0.06 122.45 -
volume on min. price 176900 +176150 300 0 200 +200
---------------------- ------ ------- ------ ------ ------ -----
Closing rate 122.50 +0.19 122.52 +0.09 122.45 -
Weight. aver. rate 122.56 +0.21 122.51 0 122.45 -
Volume of the session 364470 +337870 54500 +17200 200 +200
Number of deals 155 +71 134 +37 1 +1
Number of participants 21 +1 17 0 2 +2
---------------------- ------ ------- ------ ------ ------ -----
Best bid* 122.47 +0.19 122.51 +0.11 122.40 -
Best ask* 122.53 +0.20 122.52 +0.04 122.48 -
---------------------- ------ ------- ------ ------ ------ -----
REUTERS Bid* 122.46 Х 122.45 +0.01 122.41 -0.01
REUTERS Ask* 122.51 Х 122.51 +0.01 122.45 0
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* at closing of the session on KASE, out of stock exchange - by
the data of REUTERS
Table of price levels of trading in US dollar on KASE on TOD terms
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Total by results of the day:
Morning Day ----------------------------
session: session: time (ALT):
Price ------------- ------------- ------------
level volume deals volume deals volume deals from to
------ ------ ----- ------ ----- ------- ----- ----- -----
122.90 10 1 10 1 10:21 10:21
122.89 400 1 400 1 10:24 10:24
122.87 200 2 200 2 10:24 10:24
122.85 2100 3 2100 3 10:21 10:24
122.80 8400 4 8400 4 10:21 10:25
122.77 600 2 600 2 10:26 10:26
122.75 7750 7 7750 7 10:21 10:26
122.74 1100 2 400 1 1500 3 10:20 12:03
122.72 900 2 900 2 10:38 10:38
122.71 15410 31 15410 31 10:27 10:41
122.70 45800 23 2000 11 47800 34 10:20 12:07
122.66 200 1 200 1 12:07 12:07
122.65 300 1 300 1 11:59 11:59
122.65 1400 3 1400 3 10:45 10:45
122.64 500 2 500 2 12:07 12:07
122.62 200 1 200 1 12:07 12:07
122.61 100 1 100 1 12:07 12:07
122.60 500 3 500 3 11:56 12:11
122.60 4000 6 4000 6 10:20 10:45
122.58 300 1 300 1 12:12 12:12
122.57 900 4 900 4 11:54 14:18
122.57 1000 1 1000 1 10:20 10:20
122.56 1600 6 1600 6 12:12 14:16
122.55 1300 5 1300 5 11:48 14:11
122.55 3900 9 3900 9 10:18 10:58
122.54 61600 10 1100 6 62700 16 10:47 14:11
122.53 1400 2 2300 13 3700 15 10:49 14:22
122.52 2800 21 2800 21 12:16 15:29
122.52 25900 5 25900 5 10:49 10:57
122.51 5700 15 29200 23 34900 38 10:18 15:22
122.50 176900 26 1100 5 178000 31 10:15 14:47
122.49 700 3 700 3 11:46 14:27
122.48 1600 4 1600 4 11:46 14:38
122.47 600 2 600 2 11:31 11:46
122.45 1100 3 1100 3 11:44 11:44
122.43 600 2 600 2 11:32 11:32
122.40 900 2 900 2 11:32 11:35
122.38 900 3 900 3 11:33 11:38
122.35 2500 8 2500 8 11:33 11:37
122.34 500 1 500 1 11:36 11:36
122.28 300 1 300 1 11:36 11:36
------ ------ ----- ------ ----- ------- ----- ----- -----
TOTAL 364470 155 54500 134 418970 289 10:15 15:29
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Parameters of unsatisfied demand and supply of second tier banks in KASE' trade system for the last 5 days (total of valid bids by the time of morning and day trades closing, th. USD)
-------------------------------------------------------------------------------- Indicator August 3, 06 August 4, 06 August 7, 06 August 8, 06 August 9, 06 ---------- ------------ ------------ ------------ ------------ ------------ Offer 3,800 8,400 10,960 9,550 17,400 Bid 27,610 25,250 13,100 7,000 12,900 ---------- ------------ ------------ ------------ ------------ ------------ Difference +23,810 +16,850 +2,140 -2,550 -4,500 --------------------------------------------------------------------------------
The day has held record today on volume of exchange's deals in American currency. Judging on comments of currency traders, published today by REUTERS, such a happening was not explained by them understandably.
The matter of this phenomenon occurrence encloses as follows that all factual market makers from the number of STB (IRBIS listed them in quantity of four banks) appeared on exchange's floor today, bringing in a great volume of dollar sales. It is enough to note, that the position of three banks according to this type of operations meaningfully exceeded over $100 m. Nevertheless, that factor did not lead to dollar rate fall. Oppositely, the market's parameters, given above in the tables, allow to talk about the growth of American currency during the whole day.
Reasons of such behavior of the market are caused by exceptionally active position of one of the participants at trades, which slightly monopolized the demand, but also satisfied USD offering, which is naturally high for the budget payments period, at growing price. Actions of his trader did not allow the market to fix lower than 122.50 at the morning session of KASE. In the afternoon other banks independently kept that level.
By the day results, dollar potential to the further strengthening seems to be equal to zero, as the leading operators of the market from the number of STB prefer to sell American currency in very big volumes (to all appearances, performing the order of their clients). However, according to subjective estimations, the market is closed for regressing. Only does the fact appear to be the reason of dollar rate's growthя, which can keep growing by the end of the weak.
In all, it is necessary to report interesting processes, which are running at the moment at currency market of the republic, trying "to break" its conjuncture. To which extent it will be a success is difficult to predict. The market cannot be completely expected, as it is developing under pressure of subjective factors.
[2006-08-09]