STB are inclined to continue positional trade with USD at KASE
/IRBIS, Sergey Yakovlev, February 25, 05/ - 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 130.40 +0.27 Maximum rate 130.40 +0.18 Volume at maximum price 5 -495 Minimum rate 130.00 -0.07 Volume at minimum price 5 -535 Rate of the last deal 130.18 -0.02 ---------------------------------------------------- ------ ------- Weighted average rate 130.15 +0.01 Volume of the session 18,905 -15,895 ---------------------------------------------------- ------ ------- Number of deals 80 -67 Number of participants 19 -1 Volume of unsatisfactory offer* 2,095 -1,855 Volume of unsatisfactory demand* 8,695 +995 Best demand at KASE at closing 130.17 -0.02 Best offer at KASE at closing 130.19 -0.02 ---------------------------------------------------- ------ ------- Best demand at 11:00 out of stock exchange (REUTERS) 130.10 -0.05 Best offer at 11:00 at stock exchange (REUTERS) 130.20 -0.05 --------------------------------------------------------------------- * volume of corresponding active bids of STB in the trade system at closing of the trade
Table of trade price levels
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Time (ALT)
Price Volume, Number ------------
level th. USD of deals from to
------ ------- -------- ----- -----
130.40 5 1 10:15 10:15
130.18 400 3 10:59 10:59
130.17 2200 6 10:43 10:59
130.16 2300 12 10:21 10:55
130.15 9300 33 10:20 10:53
130.14 2350 13 10:27 10:36
130.13 400 2 10:17 10:21
130.12 850 6 10:16 10:20
130.10 995 1 10:15 10:15
130.06 100 2 10:15 10:15
130.00 5 1 10:15 10:15
------ ------- -------- ----- -----
TOTAL 18905 80 10:15 10:59
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Market's conjuncture doesn't change. During the session many participants opened short-term positions in both directions trying to work on local changes of the rate. However traders, which tried to raise the rate of USD, were not confident in a deeper correction. That's why demand of STB was weak, its volume was unable to consolidated dollar above 130.18.
It's more probable that the main tendency will continue and there will be a positional trade within the horizontal price channel.
One hour after closing of the morning session out of stock exchange dollar was quoted at KZT130.12/22, one hour and a half later quotations did not change. At the day trades of KASE at 12:30 p.m. dollar was quoted at 130.16/18, the last deal was made at 130.17.
[2005-02-25]