Again dollar wins several points from tenge at KASE due to STB's stable demand, but the market is still balanced
/IRBIS, Andrey Tsalyuk, Sergey Yakovlev, March 1, 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 130.00 -0.18 Maximum rate 130.30 +0.03 Volume at maximum price 5 0 Minimum rate 130.00 0 Volume at minimum price 5 0 Rate of the last deal 130.22 +0.05 ---------------------------------------------------- ------ ------ Weighted average rate 130.21 +0.03 Volume of the session 19,095 +1,740 ---------------------------------------------------- ------ ------ Number of deals 117 -17 Number of participants 18 +3 Volume of unsatisfactory offer* 4,520 -1,650 Volume of unsatisfactory demand* 7,650 +4,310 Best demand at KASE at closing 130.22 +0.05 Best offer at KASE at closing 130.23 +0.04 ---------------------------------------------------- ------ ------ Best demand at 11:00 out of stock exchange (REUTERS) 130.19 +0.06 Best offer at 11:00 at stock exchange (REUTERS) 130.24 +0.06 -------------------------------------------------------------------- *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
------ ------- -------- ----- -----
130.30 5 1 10:15 10:15
130.25 4130 36 10:36 10:45
130.23 860 10 10:35 10:55
130.22 6900 28 10:31 10:59
130.21 3350 7 10:50 10:53
130.20 1100 2 10:28 10:28
130.19 200 2 10:26 10:27
130.16 100 1 10:24 10:24
130.15 150 3 10:23 10:23
130.14 100 1 10:17 10:17
130.13 350 6 10:19 10:22
130.12 200 2 10:18 10:18
130.11 400 4 10:18 10:18
130.10 1245 13 10:16 10:19
130.00 5 1 10:15 10:15
------ ------- -------- ----- -----
TOTAL 19095 117 10:15 10:59
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The market still demonstrates objective parity between demand and offer, which was today a bit higher than yesterday due to the demand of mainly middle banks. Most traditional sellers of USD do not change their positions and try to pull the market upward as highly as possible. However the existing demand, which is main speculative, does not let give market the sufficient impulse for going up.
So, the market has again demonstrated positional trades and unwillingness to go out of the side trend.
One hour after closing of the morning session out of stock exchange dollar was quoted at KZT130.15/23, one hour and a half later - 130.16/24. At the day trades of KASE at 12:40 p.m. dollar was quoted at 130.20/22, the last deal was made at 130.22.
[2005-03-01]