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01.11.2005 20:56

U.S. dollar market of Kazakhstan: day results

/IRBIS, Sergey Yakovlev, November 1, 05/ - Following is the table of major indicators of Kazakhstan market of U.S. dollar by he day results. The rate is given in tenge per dollar, volume - th. USD. Trends are shown relative to corresponding figures of previous trading day.

Results of trades on Kazakhstan stock exchange (KASE)

---------------------------------------------------------------------
Instrument                      USD TOD        USD TOD        USD TOM
KASE's session                  Morning            Day        Evening
Time                    10:15-11:00 ALT    11:30-16:00    14:00-18:00
                        ---------------  -------------  -------------
Indicator                 value   trend   value  trend   value  trend
----------------------  -------  ------  ------  -----  ------  -----
Opening rate             133.95   -0.05  133.76  -0.41  133.70  -0.51
----------------------  -------  ------  ------  -----  ------  -----
Maximum rate             134.25   -0.05  133.77  -0.45  133.70  -0.51
Volume on max. Price          5    -100     900   +600     500   -500
----------------------  -------  ------  ------  -----  ------  -----
Minimum rate             133.70   -0.30  133.66  -0.39  133.70  -0.51
volume on min. Price        400    +395       5   -195     500   -500
----------------------  -------  ------  ------  -----  ------  -----
Closing rate             133.70   -0.51  133.73  -0.35  133.70  -0.51
Weight. aver. rate       133.82   -0.39  133.71  -0.41  133.70  -0.51
Volume of the session     35910  +22930   23355  +2005     500   -500
Number of deals             131     -26     107    +21       1      0
Number of participants       18      +5      16     -3       4     +1
----------------------  -------  ------  ------  -----  ------  -----
Best bid*                133.70   -0.50  133.70  -0.37       -      -
Best ask*                133.80   -0.42  133.73  -0.36       -      -
----------------------  -------  ------  ------  -----  ------  -----
REUTERS Bid*             133.70   -0.43  133.68  -0.32  133.69  -0.27
REUTERS Ask*             133.78   -0.45  133.74  -0.36  133.74  -0.27
---------------------------------------------------------------------
* at closing of the session on KASE. out of stock exchange - by
  the data of REUTERS

Table of price levels of trading in US dollar on KASE on TOD terms

------------------------------------------------------------------
                                      Total by results of the day:
              Morning            Day  ----------------------------
             session:       session:                   time (ALT):
Price   -------------  -------------                  ------------
level   volume  deals  volume  deals   volume  deals   from     to
------  ------  -----  ------  -----  -------  -----  -----  -----
134.25       5      1                       5      1  10:15  10:15
134.09     750      3                     750      3  10:17  10:18
134.08     100      1                     100      1  10:19  10:19
134.07     710      5                     710      5  10:16  10:21
134.06     110      2                     110      2  10:16  10:21
134.05     330      6                     330      6  10:16  10:22
134.04     100      1                     100      1  10:23  10:23
134.03     500      3                     500      3  10:23  10:23
134.01     100      1                     100      1  10:23  10:23
134.00     300      3                     300      3  10:23  10:24
133.97     200      2                     200      2  10:27  10:27
133.96     500      1                     500      1  10:34  10:34
133.95     655      7                     655      7  10:15  10:37
133.94     900     11                     900     11  10:36  10:41
133.93     800      3                     800      3  10:32  10:42
133.92     300      3                     300      3  10:29  10:42
133.91    2600     16                    2600     16  10:29  10:42
133.90    2000      3                    2000      3  10:43  10:43
133.88      50      1                      50      1  10:44  10:44
133.87     100      1                     100      1  10:46  10:46
133.85     450      2                     450      2  10:48  10:48
133.84    1000      2                    1000      2  10:48  10:48
133.82     150      1                     150      1  10:49  10:49
133.80    2600      3                    2600      3  10:49  10:59
133.79     200      2                     200      2  10:58  10:59
133.78     100      1                     100      1  10:58  10:58
133.77     200      4     900      4     1100      8  10:49  11:45
133.76    4300     10     300      1     4600     11  10:50  11:33
133.75   12700     22                   12700     22  10:52  10:59
133.74    2100      4     200      1     2300      5  10:51  11:52
133.73     200      3    1350      8     1550     11  10:59  15:29
133.72     400      2    2200     15     2600     17  10:59  15:29
133.71                   5655     21     5655     21  12:15  15:21
133.70     400      1   10900     48    11300     49  10:59  14:35
133.69                   1745      7     1745      7  11:56  12:24
133.68                    100      1      100      1  12:02  12:02
133.66                      5      1        5      1  12:18  12:18
------  ------  -----  ------  -----  -------  -----  -----  -----
TOTAL    35910    131   23355    107    59265    238  10:15  15:29
------------------------------------------------------------------

Parameters of unsatisfied demand and supply of second tier banks in KASE' trade system for the last 5 days (total of valid bids by the time of morning and day trades closing. th. USD)

---------------------------------------------------------------------
Indicator   Oct 26, 05  Oct 27, 05  Oct 28, 05  Oct 31, 05  Nov 1, 05
----------  ----------  ----------  ----------  ----------  ---------
Offer            6,250       8,710      18,850       7,300      9,400
Bid              7,950       8,975       5,900       5,320      8,295
----------  ----------  ----------  ----------  ----------  ---------
Difference      +1,700        +265     -12,950      -1,980     -1,105
---------------------------------------------------------------------

Today during a day dollar at KASE suffered considerable losses due to locally high offer of American currency from one of the banks. In this case the issue could be sale of currency earnings of exporters at KASE, as well as about conversion in tenge of money borrowed by bank. It is not excluded, that this factor destabilizes the market and will give it impulse to move in the direction of long term tendency on the background of decrease of world prices rates for oil and increase of borrowings volume by Kazakhstani banks abroad.

Besides, negative statistics on USA economical development starts to affect internal market of Kazakhstan. This is caused by increase of inflation expectations on native land of American currency. Increase of basic interest rate of FRS may not affect our market, as it was taken into account earlier.

Thus, main negative factor for USD in local market of Kazakhstan will become growth of its offer, which was observed today in all KASE sessions.

[2005-11-01]