KASE: Demand for dollar is still high
/IRBIS, Sergey Yakovlev, Andrey Tsalyuk, July 7, 05/ - Today the next morning trades in U.S. dollar were held on 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 136.50 0 Maximum rate 136.50 0 Volume at maximum price 5 0 Minimum rate 135.10 -0.20 Volume at minimum price 5 0 Rate of the last deal 135.45 -0.40 ---------------------------------------------------- ------ ------- Weighted average rate 135.50 -0.35 Volume of the session 37,370 +13,945 ---------------------------------------------------- ------ ------- Number of deals 145 +50 Number of participants 23 +4 Volume of unsatisfied offer* 5,905 +4,105 Volume of unsatisfied demand* 6,800 -1,465 Best demand on KASE at closing 135.47 -0.38 Best offer on KASE at closing 135.49 -0.38 ---------------------------------------------------- ------ ------- Best demand at 11:00 out of stock exchange (REUTERS) 135.42 -0.38 Best offer at 11:00 out of stock exchange (REUTERS) 135.49 -0.41 --------------------------------------------------------------------- * 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
------ ------- -------- ----- -----
136.50 5 1 10:15 10:15
136.10 10 1 10:15 10:15
135.88 300 4 10:34 10:34
135.87 10 1 10:25 10:25
135.80 300 4 10:34 10:34
135.77 100 2 10:34 10:34
135.75 550 2 10:34 10:34
135.70 110 3 10:34 10:34
135.60 200 2 10:34 10:34
135.50 20280 34 10:34 10:39
135.49 3100 15 10:37 10:41
135.48 600 6 10:42 10:42
135.47 2400 10 10:42 10:51
135.46 1350 8 10:43 10:46
135.45 7250 45 10:44 10:58
135.44 800 6 10:47 10:49
135.10 5 1 10:15 10:15
------ ------- -------- ----- -----
TOTAL 37370 145 10:15 10:58
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Demand for USD is still high, and the market - active. Tendency of falling of demand for USD appearing on Wednesday has not developed. Today group of USD net-buyers considerably increased, also due to big banks, which yesterday were working for USD sale. This fact means market's conjuncture does not change, interest in dollar is still high.
Despite growth of demand, tenge managed to strengthen its positions for bids for USD purchase were today satisfied at a lower price. Resistance level was formed by two participants at 135.50 - i.e. lower by 30 points compared to Tuesday.
Analysts of IRBIS note that demand of medium banks has fallen and exported proceeds has grown. The market seems to be close to balance and tending to positional trade, which, judging on all, will be continued till the end of the day. At that dollar, most probably, will win several points from tenge for the pressure upon the market from below grew today.
One hour after closing of the morning session out of stock exchange dollar was quoted at KZT135.58/65, almost two hours later quotations did not change. At the day trades of KASE at 12:50 p.m. dollar was quoted at 135.60/66, the last deal was made at 135.63.
[2005-07-07]