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Market and Company News
16.10.2006 21:43

U.S. dollar market of Kazakhstan: day results

/IRBIS, Sergey Yakovlev, Andrey Tsalyuk, October 16, 06/ - Following is the table of major indicators of Kazakhstan market of U.S. dollar on 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)

---------------------------------------------------------------------
Instrument                      USD TOD        USD TOD        USD TOM
KASE's session                  Morning            Day        Evening
Time                    10:15-11:00 ALT    11:30-15:30    14:00-17:00
                        ---------------  -------------  -------------
Indicator                value    trend   value  trend   value  trend
----------------------  ------  -------  ------  -----  ------  -----
Opening rate            127.70    -0.01  127.77  +0.02  127.90      -
----------------------  ------  -------  ------  -----  ------  -----
Maximum rate            127.80    +0.02  127.78  +0.02  127.90      -
Volume on max. price         5        0     700  -1300    5000  +5000
----------------------  ------  -------  ------  -----  ------  -----
Minimum rate            127.70    -0.01  127.75  +0.05  127.85      -
volume on min. price         5     -400    6100  +3700    1500  +1500
----------------------  ------  -------  ------  -----  ------  -----
Closing rate            127.77    +0.01  127.76      0  127.85      -
Weight. aver. rate      127.77    +0.01  127.76  +0.03  127.89      -
Volume of the session   109805  -201220   40970  +4270    6500  +6500
Number of deals            143      -73      92    +17       2     +2
Number of participants      19       -1      20     +1       2     +2
----------------------  ------  -------  ------  -----  ------  -----
Best bid*               127.76    +0.01  127.76  +0.01       -      -
Best ask*               127.77    +0.01  127.77      0       -      -
----------------------  ------  -------  ------  -----  ------  -----
REUTERS Bid*            127.75    +0.01  127.72  +0.03  127.74      0
REUTERS Ask*            127.79    +0.01  127.79  +0.06  127.78      0
---------------------------------------------------------------------
* at closing of the session on KASE, out of stock exchange - by the data of
REUTERS

Table of price levels of trade in US dollar on KASE on TOM terms

-----------------------------------------------------------------
                                            TOTAL BY DAY RESULTS:
              Morning         United  ---------------------------
             session:       session:                  time (ALT):
Price   -------------  -------------                 ------------
level   volume  deals  volume  deals  volume  deals   from     to
------  ------  -----  ------  -----  ------  -----  -----  -----
127.80       5      1                      5      1  10:15  10:15
127.78   64590     52     700      4   65290     56  10:20  12:29
127.77   33605     74    7750     27   41355    101  10:16  15:18
127.76   11300     14   26420     45   37720     59  10:44  15:28
127.75     300      1    6100     16    6400     17  10:46  14:10
127.70       5      1                      5      1  10:15  10:15
------  ------  -----  ------  -----  ------  -----  -----  -----
TOTAL   109805    143   40970     92  150775    235  10:15  15:28
-----------------------------------------------------------------

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   Oct. 10, 06  Oct. 11, 06  Oct. 12, 06  Oct. 13, 06  Oct. 16, 06
----------  -----------  -----------  -----------  -----------  -----------
Offer            27,600       58,700       21,850       35,095       61,910
Bid              11,300       17,400       32,500       14,100       27,825
----------  -----------  -----------  -----------  -----------  -----------
Difference      -16,300      -41,300      +10,650      -20,995      -34,085
---------------------------------------------------------------------------

The day passed at objective parity among bid for dollar and its offer, although some quantitative priority of banks, which buy up dollar, was observed on exchange. The day has not brought any changes in the state of the market. An expression of market preparation to the turn is not confirmed by technical indicators for the time being and, above all, by the volume of operations, which is too big for trend turning point.

By results of technical analysis, tendency of dollar growth rate remains. At that IRBIS specialists are not inclined to overstate the potential of the American dollar for the further strengthening, but do not expect a drastic growth rate of tenge in the near perspective. In their opinion, the preference will be given to the positional trade.

[2006-10-16]