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Market and Company News
24.04.2007 14:43

Results of trades in US dollar in the morning (main) session of KASE on April 24

/IRBIS, Sergey Yakovlev, April 24, 07/ - Today the next morning trades in U.S. dollar were held on Kazakhstan stock exchange (KASE). The main parameters of the trade and comparison with corresponding indicators of previous morning session.

Table of trade results (tenge per dollar, th. dollars)

----------------------------------------------------------------------
Indicator                                               Value    Trend
----------------------------------------------------  -------  -------
Rate of the first deal                                 120.90    -0.05
Maximum rate                                           121.30    +0.22
Volume at maximum price                                     5        0
Minimum rate                                           120.90    +0.09
Volume at minimum price                                     5     -395
Rate of the last deal                                  121.00    +0.16
----------------------------------------------------  -------  -------
Weighted average rate                                  121.05    +0.13
Volume of the session                                 108,105  +49,000
----------------------------------------------------  -------  -------
Net-turnover                                           77,700  +49,830
Number of deals                                           144      +16
Number of participants                                     19       -1
Volume of unsatisfied offer*                           47,495  +17,970
Volume of unsatisfied demand*                          22,300   -6,700
Best demand on KASE at closing                         121.00    +0.19
Best offer on KASE at closing                          121.02    +0.17
----------------------------------------------------  -------  -------
Best demand at 11:00 out of stock exchange (REUTERS)   121.07    +0.11
Best offer at 11:00 out of stock exchange (REUTERS)    121.12    +0.11
----------------------------------------------------------------------
* volume of corresponding active bids of STB in the trade system 
  at closing of the trade

Table of trade price levels

-----------------------------------------
                               Time (ALT)
Price    Volume.  Number of  ------------
level   th.. USD      deals   from     to
------  --------  ---------  -----  -----
121.30         5          1  10:15  10:15
121.21     1,700          5  10:16  10:19
121.20     1,300          3  10:17  10:19
121.13    10,500         13  10:28  10:29
121.12     1,500          2  10:27  10:29
121.11     2,000          4  10:23  10:30
121.10     5,600         10  10:30  10:44
121.09     7,695         20  10:40  10:44
121.08     1,400          5  10:31  10:45
121.07     1,100          2  10:31  10:45
121.06     6,400          6  10:31  10:45
121.05    11,400          9  10:35  10:48
121.04     1,000          2  10:35  10:35
121.03     2,100          3  10:49  10:49
121.02     6,100         11  10:35  10:53
121.01     6,950         14  10:36  10:56
121.00    41,350         33  10:37  10:59
120.90         5          1  10:15  10:15
------  --------  ---------  -----  -----
TOTAL    108,105        144  10:15  10:59
-----------------------------------------

The main session had passed in the position trade on the rates of closing of the previous trading day. Results of analysis of banks' disposition on the trades show that the correction move of market upward today was not support by majority of participants of session. Most likely, the strengthening of dollar the majority of traders perceive currently as short-term technical correction. So the priority of net-buyers of USD over net-sellers now reflects only the speculative interest of participants.

Based upon the mentioned above it can be supposed that the determinant factor of the day market will be the position trade, during which the expressed volumes won't be observed.

Results of technical analysis do not exclude, that the speculatively adjusted traders can try one more time to develop the correction growth of market upward.

At the day trades of KASE at 12:42 p.m. dollar was quoted at 121.02/04, the last deal was made at 121.03. Volume of deals at that had reached $43.5 m. On over-the-counter market at the pointed time the dollar was quoted at 121.00/121.04

[2007-04-24]