/IRBIS, Andrey Tsalyuk, Sergey Yakovlev, November 4, 04/ - Today the next morning trades in U.S. dollar were held at Kazakhstan Stock Exchange (KASE) on TOD payment terms. Below are 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                                 131.45    -0.05
Maximum rate                                           131.45    -0.55
Volume at maximum price                                105700  +105695
Minimum rate                                           131.41    -0.09
Volume at minimum price                                   800     +795
Rate of the last deal                                  131.43    -0.14
----------------------------------------------------  -------  -------
Weighted average rate                                  131.44    -0.16
Volume of the session                                 143,400  +27,545
----------------------------------------------------  -------  -------
Number of deals                                           108      +11
Number of participants                                     18       -2
Volume of unsatisfactory offer*                        11,100     +600
Volume of unsatisfactory demand*                       14,800   +8,250
Best demand at KASE at closing                         131.43    -0.14
Best offer at KASE at closing                          131.44    -0.14
----------------------------------------------------  -------  -------
Best demand at 11:00 out of stock exchange (REUTERS)   131.38    -0.10
Best offer at 11:00 at stock exchange (REUTERS)        131.44    -0.14
----------------------------------------------------------------------
*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  ------------
level   th. USD  of deals   from     to
------  -------  --------  -----  -----
131.45   105700        45  10:15  10:20
131.44     1600         4  10:22  10:43
131.43    35000        54  10:22  10:59
131.42      300         3  10:33  10:33
131.41      800         2  10:33  10:33
------  -------  --------  -----  -----
TOTAL    143400       108  10:15  10:59
---------------------------------------

The market does not change. USD offer volume is still big. It's quite possible that dollars received by Kazakhstan residents from international bonds floatation today were brought to the exchange's floor.

The market demonstrates the very high potential of tenge for further strengthening and absence of bottom.

One hour after closing of the morning session out of stock exchange dollar was quoted at KZT131.33/38, almost one hour and a half later - 131.30/35. At the day trades of KASE at 12:20 p.m. dollar was quoted at 131.37/40, the last deal was made at 131.38.

[2004-11-04]