Within the first 8 months of 2006 volume of foreign currency trades on KASE reached $17,655.7 m. and grew 2.4 times in dollar equivalent
/IRBIS, Sergey Yakovlev, September 1, 06/ - Within the first eight months of 2006 volume of trades in foreign currency held on Kazakhstan stock exchange (KASE) reached the equivalent of USD17,655.7 m. and grew by $10,418.2 m., compared to the similar period of last year or 2.4 times in dollar equivalent. In tenge equivalent the turnover grew 2.3 times.
Below is the table of volume of foreign currency deals made on KASE in year 2006 grouped by months and types of currencies.
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Total
trade volume, th. units Volume of
-------------------------- Volume, equivalent,
Month USD EUR RUB m. KZT th. USD
-------------- ---------- ------ ------ ----------- ------------
January 1,504,075 250 700 199,907.4 1,504,407.0
February 1,848,040 0 700 242,607.3 1,848,064.8
March 2,825,400 0 1,200 363,105.5 2,825,442.8
April 2,406,760 0 600 303,793.6 2,406,781.6
May 2,538,990 0 8,700 311,029.1 2,539,312.3
June 1,563,040 0 4,200 186,704.5 1,563,196.2
July 1,733,335 0 17,500 204,720.9 1,733,986.7
August 3,234,365 0 5,000 398,085.0 3,234,552.3
-------------- ---------- ------ ------ ----------- ------------
Total 17,654,005 250 38,600 2,209,953.4 17,655,743.9
-------------- ---------- ------ ------ ----------- ------------
Jan-Aug., 2005 7,209,605 15,400 80,700 962,509.2 7,237,542.0
Trend, times 2.45 0.02 0.48 2.30 2.44
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Weighted average market rate of tenge against US dollar, calculated on all deals of the main (morning) session of KASE from January 1, 06 till August 31, 06, according to IRBIS's estimation totaled KZT125.36 per dollar, on all exchange's deals - KZT125.17 per dollar.
Rate of tenge strengthening against dollar at the exchange's rate is estimated this year as of August 31 of 2006 at 9.53% APR. Within the period of the first eight months tenge against dollar strengthened by 6.32% in face value.
In 2005 tenge devaluated against dollar by 2.91% in face value.
[2006-09-01]