U.S. dollar market of Kazakhstan: day results
/IRBIS, Sergey Yakovlev, August 13, 07/ - 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)
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Instrument USD TOD USD TOD USD TOM
KASE's session Morning Day Evening
Time 10:15-11:00 ALT 11:30-15:30 14:00-17:00
--------------- -------------- -------------
Indicator value trend value trend value trend
---------------------- ------- ------- ------ ------- ------ ------
Opening rate 124.00 -0.20 125.90 +0.88 125.32 +0.32
---------------------- ------- ------- ------ ------- ------ ------
Maximum rate 125.90 0 125.90 +0.84 125.40 +0.33
Volume on max. price 11000 +10800 18700 +17400 500 -200
---------------------- ------- ------- ------ ------- ------ ------
Minimum rate 124.00 -0.20 125.10 +0.12 125.32 +0.32
Volume on min. price 5 0 500 -10400 3000 -13500
---------------------- ------- ------- ------ ------- ------ ------
Closing rate 125.90 +0.90 125.22 +0.22 125.40 +0.33
Weight. aver. rate 125.17 +0.17 125.30 +0.30 125.34 +0.32
Session volume (gross) 94275 -471260 709980 +434180 6000 -63900
Session net-turnover 58,200 -240800 116630 0 4500 -48600
Number of deals 76 -219 207 +47 8 -16
Number of participants 19 -4 21 0 9 +1
---------------------- ------- ------- ------ ------- ------ ------
Day gross-turnover* 804255 -37080 6000 -63900
Day net-turnover* 389900 0 6000 -48600
---------------------- ------- ------- ------ ------- ------ ------
Best bid** 125.76 +0.77 125.20 +0.21 125.35 +0.33
Best ask** 126.00 +1.00 125.22 +0.21 125.44 +0.37
---------------------- ------- ------- ------ ------- ------ ------
REUTERS Bid** 125.30 +0.31 n/a - 125.30 +0.32
REUTERS Ask** 125.34 +0.31 n/a - 125.34 +0.32
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* resulting net-position on each instrument
** 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 TOD terms
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TOTAL BY DAY RESULTS:
Morning United -------------------------
session: session: time (ALT):
Price ------------ ------------- -----------
level volume deals volume deals volume deals from to
------ ------ ----- ------- ----- ------- ----- ----- -----
125.90 11,000 2 18700 11 29,700 13 10:59 11:45
125.88 300 1 300 1 11:46 11:46
125.87 500 1 500 1 11:46 11:46
125.86 200 1 200 1 11:46 11:46
125.85 2,000 1 2,000 1 11:46 11:46
125.80 2,900 5 2,900 5 10:59 10:59
125.76 500 1 500 1 10:57 10:57
125.72 400 2 400 2 10:53 10:53
125.71 500 1 500 1 10:56 10:56
125.70 2,505 6 2,505 6 10:44 10:52
125.65 5 1 5 1 10:49 10:49
125.64 500 1 500 1 10:48 10:48
125.63 500 1 500 1 10:47 10:47
125.62 755 2 755 2 10:46 10:47
125.60 405 3 500 1 905 4 10:29 11:46
125.55 500 1 500 1 10:40 10:40
125.54 100 1 100 1 10:39 10:39
125.52 300 2 300 2 10:38 10:38
125.51 1,000 2 1,000 2 11:46 11:46
125.50 105 2 6,000 3 6,105 5 10:29 11:46
125.47 100 1 100 1 10:37 10:37
125.44 1,150 4 1,150 4 10:34 10:34
125.41 100 1 100 1 10:33 10:33
125.40 525 4 525 4 10:28 10:32
125.35 5 1 48,000 9 48,005 10 10:28 11:49
125.33 7,000 3 7,000 3 11:49 11:59
125.32 3,300 7 3,300 7 11:49 14:28
125.31 5,500 4 10,100 14 15,600 18 10:21 14:28
125.30 22,815 15 361,480 78 384,295 93 10:15 14:28
125.29 100 1 3,000 5 3,100 6 10:19 15:15
125.28 2,000 1 20,700 27 22,700 28 10:23 15:02
125.27 97,100 7 97,100 7 14:37 15:09
125.26 1,000 1 1,000 1 15:09 15:09
125.25 10,000 2 6,500 4 16,500 6 10:16 15:15
125.23 20,900 7 20,900 7 15:10 15:27
125.22 32,300 8 32,300 8 15:11 15:28
125.21 16,500 7 16,500 7 15:12 15:25
125.20 47,400 7 47,400 7 15:12 15:22
125.17 5,000 1 5,000 1 15:12 15:12
125.10 500 1 500 1 11:46 11:46
125.00 11,000 3 11,000 3 10:16 10:16
124.90 500 1 500 1 10:15 10:15
124.30 19,500 6 19,500 6 10:15 10:15
124.00 5 1 5 1 10:15 10:15
------ ------ ----- ------- ----- ------- ----- ----- -----
TOTAL 94,275 76 709,980 207 804,255 283 10:15 15:28
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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 7, 07 August 8, 07 August 9, 07 August 10, 07 August 13, 07 ---------- ------------ ------------ ------------ ------------- ------------- Ask 60,800 17,195 7,775 63,620 21,000 Bid 33,300 9,090 109,180 98,800 222,195 ---------- ------------ ------------ ------------ ------------- ------------- Difference -27,500 -8,105 +101,405 +35,180 +201,195 -----------------------------------------------------------------------------
In addition to the morning comment, IRBIS should notice an exceptionally high demand for dollar from the side of STB that was registered on the day session of KASE. Therefore, the market has confirmed today that fundamental factors are in the basis of high potential of American currency. Right now, the IRBIS analysts tend to think that the problems on the U.S. mortgage market are the main fundamental factor. Exactly those problems lead to the growth of bids for dollar market, evoking the increase of cost of syndicated loans for certain Kazakhstan banks. That, in its turn, makes them buy up USD on KASE. The increase of the reserve requirement on external loans that is planed by the National bank on the end of August has the same effect.
In order to prevent too sharp growth of dollar to tenge, that was evoked by escalation of demand, the National bank of Kazakhstan has been forced, today, to increase significantly the selling volume USD on KASE. However, there is no guaranty that the completed interventions will satisfy the objective and speculative needs of Kazakhstan banks in American currency and would stabilize the market.
The forecast for Tuesday from IRBIS is a further growth of dollar exchange rate with the speed regulated by the head bank of the country.
[2007-08-13]