U.S. dollar market of Kazakhstan: day results
/IRBIS, Andrey Tsalyuk, Sergey Yakovlev, November 22, 04/ - Following is the table of major indicators of Kazakhstan market for U.S. dollar according to results of the day. The rate is given in tenge per dollar, volume - th. USD, trends are shown relative to corresponding figures of previous trading trade day.
Results of trades at Kazakhstan stock exchange (KASE)
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USD TOD USD TOD USD TOM
Morning Day Evening
Instrument 10:15-11:00 ALT 11:30-15:30 14:00-18:00
KASE's session 10:15-11:00 ALT 11:30-15:30 14:00-18:00
--------------- -------------- -------------
Time ------- ------ ------ ------ ------ -----
Indicator Value trend value trend value trend
---------------------- ------- ------ ------ ------ ------ -----
Opening rate 130.00 -0.10 129.96 -0.21 - -
---------------------- ------- ------ ------ ------ ------ -----
Maximum rate 130.10 -0.25 130.01 -0.16 - -
Volume on max. Price 5 0 570 +170 0 0
---------------------- ------- ------ ------ ------ ------ -----
Minimum rate 129.97 -0.03 129.93 -0.12 - -
volume on min. Price 5 0 1000 -53910 0 0
---------------------- ------- ------ ------ ------ ------ -----
Closing rate 130.00 -0.20 130.01 -0.04 - -
Weight. aver. rate 130.00 -0.20 129.96 -0.10 - -
Volume of the session 68015 -2310 10370 -67740 0 0
Number of deals 50 -30 43 -28 0 0
Number of participants 14 -1 13 -3 0 0
---------------------- ------- ------ ------ ------ ------ -----
Best bid* 130.00 -0.20 130.00 -0.05 - -
Best ask* 130.01 -0.20 130.01 -0.05 - -
---------------------- ------- ------ ------ ------ ------ -----
REUTERS Bid* 129.91 -0.19 129.90 -0.10 129.81 -0.12
REUTERS Ask* 130.02 -0.18 130.00 -0.10 129.91 -0.14
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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
------ ------ ----- ------ ----- ------- ----- ----- -----
130.10 5 1 5 1 10:15 10:15
130.01 570 3 570 3 15:26 15:29
130.00 68005 48 400 2 68405 50 10:15 15:17
129.99 1400 3 1400 3 12:21 15:17
129.98 1200 7 1200 7 12:20 14:56
129.97 5 1 100 1 105 2 10:16 14:09
129.96 1300 8 1300 8 11:41 14:10
129.95 2100 8 2100 8 11:41 14:46
129.94 2300 7 2300 7 11:41 14:39
129.93 1000 4 1000 4 14:25 14:26
------ ------ ----- ------ ----- ------- ----- ----- -----
TOTAL 68015 50 10370 43 78385 93 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 Nov 16, 04 Nov 17, 04 Nov 18, 04 Nov 19, 04 Nov 22, 04 ---------- ---------- ---------- ---------- ---------- ---------- Bid 12 440 10 650 8 250 17 000 7 530 Ask 12 650 21 460 25 600 4 800 3 850 ---------- ---------- ---------- ---------- ---------- ---------- Difference +210 +10 810 +17 350 -12 200 -3 680 ----------------------------------------------------------------------
The market did not change. Some strengthening of dollar positions at KASE draws attention in the second half of the day, caused by increase of demand for American currency from several banks.
Results of analyses let to more extent to attribute main volume of this demand to speculative. Its appearance could assist to rapid strengthening of tenge against dollar at the morning session or by intention of USA president to carry out policy of "strong dollar" in future.
Increase of USD rate before closing of the day is rather traditional event for the market of last two months. Usually this growth is caused by buying up of dollar by banks for recovery of their currency positions, which are necessary for their future playing downwards. Rather more expressed than usual, such movement formed today signals, allowing by the results of technical analyses to assume possibility of tenge strengthening speed fall on Tuesday and even entering of the market to correctional cut in 130.16. However, judging by fundamental factors the last is hardly possible.
[2004-11-22]