U.S. dollar market of Kazakhstan: day results
/IRBIS, Sergey Yakovlev, Andrey Tsalyuk, April 29, 04/ - Following is the table of major indicators of Kazakhstan market for U.S. dollar (over 99% of country's foreign exchange market) according to results of the day. Values are given in tenge per dollar, volume - th. USD, trends are shown relative to corresponding figures of previous trading day.
Results of trades at Kazakhstan stock exchange
------------------------------------------------------------------ USD TOD USD TOD USD TOM Main Additional Additional Instrument (morning) (day) (evening) 10:15 - 11:00 ALT 11:30-15:30 14:00-18:00 KASE's session ----------------- ------------ ------------ Time --------- ------- ------ ----- ------ ----- Indicator Value Trend Value trend value trend ---------------------- --------- ------- ------ ----- ------ ----- Opening rate 138.52 +0.52 138.42 -0.10 - - ---------------------- --------- ------- ------ ----- ------ ----- Maximum rate 138.65 +0.10 138.42 -0.13 - - Volume on max. Price 5 -600 600 -400 0 0 ---------------------- --------- ------- ------ ----- ------ ----- Minimum rate 138.44 +0.44 138.30 -0.19 - - volume on min. Price 400 +395 520 +170 0 0 ---------------------- --------- ------- ------ ----- ------ ----- Closing rate 138.44 -0.06 138.35 -0.14 - - ---------------------- --------- ------- ------ ----- ------ ----- Weight. aver. rate 138.50 0 138.34 -0.19 - - Volume of the session 9140 -4345 11100 +7150 0 0 Number of deals 124 -19 80 +52 0 0 Number of participants 19 0 14 +2 0 0 ---------------------- --------- ------- ------ ----- ------ ----- Best ask* 138.44 -0.05 138.33 -0.14 - - Best bid* 138.48 -0.02 138.36 -0.14 - - ---------------------- --------- ------- ------ ----- ------ ----- REUTERS Bid* 138.38 -0.11 138.31 -0.13 138.34 -0.08 REUTERS Ask* 138.48 -0.11 138.39 -0.15 138.42 -0.10 ------------------------------------------------------------------
* at closing of the session at KASE, out of stock exchange - by the data of REUTERS
Table of price levels of trade in US dollar at KASE on TOD terms
--------------------------------------------------------- TOTAL BY RESULTS OF THE DAY: Morning Day ------------------------ Morning Day ------ ----- ----------- Session: session: time (ALT): ------------ ------------ ----------- Price ------ ----- level volume deals volume deals volume deals from to ------ ------ ----- ------ ----- ------ ----- ----- ----- 138.65 5 1 5 1 10:17 10:17 138.57 50 3 50 3 10:27 10:27 138.56 535 13 535 13 10:22 10:49 138.55 1320 19 1320 19 10:18 10:47 138.54 180 4 180 4 10:32 10:50 138.53 1040 9 1040 9 10:32 10:50 138.52 510 8 510 8 10:17 10:50 138.51 100 1 100 1 10:44 10:44 138.50 880 12 880 12 10:33 10:57 138.49 960 15 960 15 10:33 10:58 138.48 1160 18 1160 18 10:33 10:58 138.47 600 5 600 5 10:58 10:58 138.46 300 3 300 3 10:58 10:59 138.45 1100 9 1100 9 10:59 10:59 138.44 400 4 400 4 10:59 10:59 138.42 600 2 600 2 11:39 11:39 138.40 100 1 100 1 11:47 11:47 138.38 400 3 400 3 11:51 11:52 138.37 100 2 100 2 14:08 14:08 138.36 450 5 450 5 14:08 14:16 138.35 3200 21 3200 21 11:57 15:29 138.34 1770 13 1770 13 14:22 15:28 138.33 400 2 400 2 12:02 14:22 138.32 1050 4 1050 4 14:22 14:22 138.31 2510 22 2510 22 14:22 15:11 138.30 520 5 520 5 12:10 14:03 ------ ------ ----- ------ ----- ------ ----- ----- ----- TOTAL 9140 124 11100 80 20240 204 10:17 15:29 ---------------------------------------------------------
Parameters of unsatisfied demand and supply at trading system of KASE for the last 5 days (the amount of valid bids by the time of morning and day trades closed, th. USD)
---------------------------------------------------------------- Indicator Apr 23, 04 Apr 26, 04 Apr 27, 04 Apr 28, 04 Apr 29, 04 ---------- ---------- ---------- ---------- ---------- ---------- Bid 3,950 2,500 2,690 7,850 4,920 Ask 3,370 3,160 4,265 4,830 2,045 ---------- ---------- ---------- ---------- ---------- ---------- Difference -580 +660 +1,575 -3,020 -2,875 -----------------------------------------------------------------
The day was notable for market correction's end. Traders began closing out their long positions carefully in the first half of the day. Increased USD offer volume led to market's fall and its consolidation hardly achieved 138.30
The way traders currently behave suggest that market has not turned around completely, as technical analysis does not confirm discontinuation of corrective movement. However, provided there is enough greenback offer, tenge will be gradually appreciating.
Forecasts for Friday seem controversial. Mostly likely banks will continue positioned trades at sluggish volumes. Tenge gains more potential.
[2004-04-29]