After a long week-end demand and offer are minimal at KASE, market is inert
/IRBIS, Sergey Yakovlev, May 3, 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 131.50 +0.50 Maximum rate 131.60 -0.40 Volume at maximum price 340 +335 Minimum rate 131.50 +0.50 Volume at minimum price 100 +95 Rate of the last deal 131.55 +0.15 ---------------------------------------------------- ------ ------- Weighted average rate 131.57 -0.04 Volume of the session 5,410 -21,820 ---------------------------------------------------- ------ ------- Number of deals 51 -120 Number of participants 14 -5 Volume of unsatisfied offer* 1,960 -11,340 Volume of unsatisfied demand* 2,510 +1,310 Best demand at KASE at closing 131.54 +0.14 Best offer at KASE at closing 131.57 +0.12 ---------------------------------------------------- ------ ------- Best demand at 11:00 out of stock exchange (REUTERS) 131.54 +0.06 Best offer at 11:00 at stock exchange (REUTERS) 131.64 +0.06 --------------------------------------------------------------------- *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
------ ------- -------- ----- -----
131.60 340 1 10:45 10:45
131.59 200 3 10:45 10:45
131.58 2100 15 10:28 10:55
131.57 910 11 10:27 10:58
131.56 510 5 10:27 10:59
131.55 550 6 10:26 10:59
131.54 300 3 10:26 10:42
131.53 150 2 10:24 10:24
131.52 250 4 10:18 10:21
131.50 100 1 10:17 10:17
------ ------- -------- ----- -----
TOTAL 5410 51 10:17 10:59
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The week has started calmly. After the long week-end demand for USD is small as well as offer. As the result trade dynamics was moderate. During the whole session participants tried to swing the market by small-volume deals but all attempts failed. So, the morning session ahs not changed market's conjuncture. Nonetheless, According to technical analysis, there are first signs of then ext correcting growth of dollar on the market within the frameworks of the horizontal price channel, but they are weak and, most probably, the market will not perceive them.
One hour after closing of the morning session out of stock exchange dollar was quoted at KZT131.50/60, one hour and a half later - 131.44/52. At the day trades of KASE at 12:30 p.m. dollar was quoted at 131.49/52, the last deal was made at 131.50.
[2005-05-03]