Degree gives back points to tenge within he horizontal consolidation channel
/IRBIS, Sergey Yakovlev, August 3, 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 135.50 -0.30 Maximum rate 136.00 +0.08 Volume at maximum price 5 -795 Minimum rate 135.50 -0.30 Volume at minimum price 5 -1095 Rate of the last deal 135.77 -0.15 ---------------------------------------------------- ------ ------- Weighted average rate 135.82 -0.07 Volume of the session 26,060 -2,790 ---------------------------------------------------- ------ ------- Number of deals 141 +76 Number of participants 20 0 Volume of unsatisfied offer* 9,300 +8,600 Volume of unsatisfied demand* 2,140 -13,560 Best demand on KASE at closing 135.75 -0.17 Best offer on KASE at closing 135.78 -0.16 ---------------------------------------------------- ------ ------- Best demand at 11:00 out of stock exchange (REUTERS) 135.70 -0.18 Best offer at 11:00 out of stock exchange (REUTERS) 135.80 -0.18 ---------------------------------------------------------------------
* 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 ------ ------- -------- ----- ----- 136.00 5 1 10:15 10:15 135.88 10 1 10:22 10:22 135.86 1620 6 10:28 10:30 135.85 9910 38 10:21 10:36 135.84 1460 13 10:24 10:36 135.83 4680 27 10:21 10:45 135.82 1500 12 10:40 10:46 135.81 1400 9 10:40 10:46 135.80 1220 8 10:18 10:46 135.79 100 1 10:47 10:47 135.78 800 4 10:47 10:47 135.77 900 5 10:56 10:58 135.76 500 3 10:53 10:55 135.75 900 4 10:47 10:56 135.74 500 3 10:53 10:53 135.70 550 5 10:48 10:48 135.50 5 1 10:15 10:15 ------ ------- -------- ----- ----- TOTAL 26060 141 10:15 10:58 ---------------------------------------
On the morning market most STB made transactions in both directions that has been considerably reflected in demand and potential of dollar for further growth. As a result during the whole session dollar was loosing points and stabilized its falling only in the final phase of the trade. Judging on technical and final results of the session it's possible to say that the presumed correction of dollar rate downward was made by the market at the main session. On the day market, most probably, dollar will try to turn upward due to incompliance of banks offering it, but growth will not exceed KZT135.85 per dollar.
One hour after closing of the morning session out of stock exchange dollar was quoted at KZT135.71/78, one hour and a half later - 135.73/80. At the day trades of KASE at 12:30 p.m. dollar was quoted at 135.76/78, the last deal was made at 135.76.
[2005-08-03]