U.S. dollar market of Kazakhstan: day results
/IRBIS, Sergey Yakovlev, Andrey Tsalyuk, August 11, 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
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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 135.00 0 135.25 -0.04 - -
---------------------- -------- ------- ------ ----- ------ -----
Maximum rate 135.50 -0.50 135.44 +0.08 - -
Volume on max. Price 5 0 100 -700 0 -500
---------------------- -------- ------- ------ ----- ------ -----
Minimum rate 135.00 0 135.25 -0.01 - -
volume on min. Price 5 0 600 -200 0 -500
---------------------- -------- ------- ------ ----- ------ -----
Closing rate 135.28 -0.12 135.44 +0.18 - -
---------------------- -------- ------- ------ ----- ------ -----
Weight. aver. rate 135.21 -0.23 135.33 +0.03 - -
Volume of the session 4940 -48075 4200 -695 0 -500
Number of deals 88 -132 24 -8 0 -1
Number of participants 17 +1 14 -2 0 -2
---------------------- -------- ------- ------ ----- ------ -----
Best ask* 135.28 -0.11 135.40 +0.18 - -
Best bid* 135.29 -0.12 135.44 +0.18 - -
---------------------- -------- ------- ------ ----- ------ -----
REUTERS Bid* 135.25 -0.04 135.39 +0.15 135.40 +0.25
REUTERS Ask* 135.30 -0.09 135.49 +0.20 135.50 +0.30
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* 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
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TOTAL BY RESULTS OF THE DAY:
TOTAL BY RESULTS OF THE DAY:
Morning Day ----------------------------
Morning Day ------- ----- ------------
Session: session: time (ALT):
------------- ------------- ------------
Price ------ -----
level volume Deals volume deals volume deals from to
------ ------ ----- ------ ----- ------- ----- ----- -----
135.50 5 1 5 1 10:15 10:15
135.44 100 1 100 1 15:29 15:29
135.42 100 1 100 1 14:51 14:51
135.41 100 1 100 1 14:50 14:50
135.40 300 1 300 1 14:48 14:48
135.38 500 2 500 2 14:48 14:48
135.35 400 2 400 2 14:21 14:26
135.34 400 3 400 3 14:21 14:26
135.33 300 2 300 2 14:15 14:15
135.32 200 2 200 2 13:01 13:02
135.31 400 2 400 2 12:35 13:00
135.28 590 10 600 2 1190 12 10:59 12:34
135.27 20 2 200 2 220 4 10:58 12:34
135.25 515 2 600 3 1115 5 10:57 12:10
135.24 110 2 110 2 10:57 10:57
135.23 195 8 195 8 10:50 10:56
135.22 170 9 170 9 10:49 10:56
135.21 10 2 10 2 10:49 10:49
135.20 550 10 550 10 10:32 10:49
135.19 1030 13 1030 13 10:36 10:48
135.18 1580 25 1580 25 10:37 10:42
135.17 160 3 160 3 10:41 10:41
135.00 5 1 5 1 10:15 10:15
------ ------ ----- ------ ----- ------- ----- ----- -----
TOTAL 4940 88 4200 24 9140 112 10:15 15:29
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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 Aug 5, 04 Aug 6, 04 Aug 9, 04 Aug 10, 04 Aug 11, 04 ---------- --------- --------- --------- ---------- ---------- Bid 2,765 9,995 8,180 12,255 1,110 Ask 3,950 3,240 3,380 5,400 3,080 ---------- --------- --------- --------- ---------- ---------- Difference +1,185 -6,755 -4,800 -6,855 +1,970 -------------------------------------------------------------------
Day resulted in stabilization of prices and slump of dollar supply related to dollar price decline. Before the afternoon, market stuck to interim level and in the afternoon jumped from this level to correctional movement. Thus, today tenge finished its short-term growing phase mainly because of absence of tenge deficit.
It looks like market conditions have not changed. They still depend on local factors, while according to market participants, general trend of dollar weakening unchanged. It is indicated by weak dollar demand at high tenge liquidity of banks and stipulated by hikes in oil prices (caused by OPEC inability to increase oil supply and terrorist attacks).
Further developments are hardly forecasted. Considering that strengthening of tenge could negatively affect the economy market would rather stick to bottom level and fluctuate in horizontal price interval. At the same time, broad price interval still allows traders to conduct speculative operations.
IRBIS analysts suggest that main short-term trend is strengthening of tenge. However, on Thursday, dollar would likely to gain lost points.
[2004-08-11]