U.S. dollar market of Kazakhstan: day results
/IRBIS, Vitaliy Tomskiy, February 28, 08/ - 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 11:30 2:00-5:00 p.m.
a.m. ALT a.m.-3:30 p.m. 2:00-5:00 p.m.
--------------- ----------------- --------------
Indicator value trend value trend value trend
---------------------- ------ ------- ------- -------- ------ ------
Opening rate 120.50 +0.30 120.83 +0.06 120.77 -0.02
---------------------- ------ ------- ------- -------- ------ ------
Maximum rate 120.89 +0.09 120.83 -0.05 120.78 -0.07
Volume on max. price 6,000 +5,995 1,000 0 7,500 +6,400
---------------------- ------ ------- ------- -------- ------ ------
Minimum rate 120.50 +0.30 120.72 -0.05 120.77 -0.01
Volume on min. price 5 0 5,000 +3,500 7,500 +3,500
---------------------- ------ ------- ------- -------- ------ ------
Closing rate 120.86 +0.08 120.76 -0.10 120.78 -0.07
Weight. aver. rate 120.87 +0.10 120.77 -0.02 120.78 -0.01
Session volume (gross) 62,220 -27,620 198,100 +161,850 15,000 -6,100
Session net-turnover 58,505 -11,545 112,100 +81,450 15,000 -6,100
Number of deals 80 -5 103 +68 2 -2
Number of participants 17 -1 18 0 5 +1
---------------------- ------ ------- ------- -------- ------ ------
Day gross-turnover* 260,320 +134,230 15,000 -6,100
Day net-turnover* 127,600 +53,900 15,000 -6,100
---------------------- ------ ------- ------- -------- ------ ------
Best bid** 120.85 +0.08 120.75 -0.05 120.70 -0.10
Best ask** 120.87 +0.08 120.77 -0.09 120.74 -0.09
---------------------- ------ ------- ------- -------- ------ ------
REUTERS Bid** 120.84 +0.08 120.72 -0.09 120.70 -0.13
REUTERS Ask** 120.90 +0.08 120.78 -0.09 120.74 -0.14
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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 Day ------- ----- ------------
session: session: time (ALT):
Price ------------- -------------- ------------
level volume deals volume deals volume deals from to
------ ------ ----- ------- ----- ------- ----- ----- -----
120.89 6,000 4 0 0 6,000 4 10:27 10:28
120.88 1,995 3 0 0 1,995 3 10:26 10:31
120.87 34,265 50 0 0 34,265 50 10:24 10:59
120.86 15,950 12 0 0 15,950 12 10:21 10:59
120.85 4,000 9 0 0 4,000 9 10:15 10:23
120.83 0 0 1,000 1 1,000 1 11:37 11:37
120.82 0 0 3,100 5 3,100 5 11:38 12:00
120.81 0 0 33,500 8 33,500 8 11:38 12:02
120.80 5 1 1,500 2 1,505 3 10:15 12:02
120.79 0 0 500 1 500 1 12:12 12:12
120.78 0 0 18,500 5 18,500 5 12:13 14:48
120.77 0 0 45,600 18 45,600 18 12:22 15:19
120.76 0 0 44,500 17 44,500 17 14:42 15:30
120.75 0 0 27,100 22 27,100 22 14:44 15:14
120.74 0 0 17,800 23 17,800 23 14:47 15:08
120.72 0 0 5,000 1 5,000 1 14:48 14:48
120.50 5 1 0 0 5 1 10:15 10:15
------ ------ ----- ------- ----- ------- ----- ----- -----
TOTAL 62,220 80 198,100 103 260,320 183 10:15 15:30
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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)
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Indicator February February February February February
22, 25, 26, 27, 28,
08 08 08 08 08
---------- -------- -------- -------- -------- --------
Ask 24,200 18,795 30,495 20,200 23,350
Bid 70,450 37,225 50,595 26,700 27,295
---------- -------- -------- -------- -------- --------
Difference +46,250 +18,430 +20,100 +6,500 +3,945
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The day was characterized by multidirectional character of the American dollar's exchange rate. Entering KZT120.80 - 120.90 price range on the main session, dollar exchange rate was influenced by the increased volume of offer on the day trades. One STB market participant, who recently was actively pushing the market to grow, migrated to the camp of net sellers. Against the background of this local factor the session closed with a decrease (the exchange rate at market opening turned to be lower the market close rate).
In addition, the situation with the short-term tenge liquidity seems to deteriorate in some banks. Relative to the last day, repo overnight rates have sharply soared by 2.5% APR today by the end of day.
IRBIS specialists forecast slight recoil in the price range of the day session with a lower boundary around KZT120.65 for tomorrow.
[2008-02-28]