U.S. dollar market of Kazakhstan: day results
/IRBIS, Sergey Yakovlev, Andrey Tsalyuk, March 17, 06/ - Following is the table of major indicators of Kazakhstan market of U.S. dollar by the 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)
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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 128.20 +0.20 127.95 -0.34 - -
---------------------- ------ ------- ------ ----- ------ -----
Maximum rate 128.20 -0.20 127.97 -0.34 - -
Volume on max. Price 55 +50 800 +200 0 0
---------------------- ------ ------- ------ ----- ------ -----
Minimum rate 127.70 -0.30 127.84 -0.36 - -
volume on min. Price 5 0 1500 -3900 0 0
---------------------- ------ ------- ------ ----- ------ -----
Closing rate 127.95 -0.35 127.84 -0.39 - -
Weight. aver. rate 128.00 -0.30 127.91 -0.33 - -
Volume of the session 335020 +111155 18400 -3000 0 0
Number of deals 131 +6 56 -12 0 0
Number of participants 18 0 17 0 0 0
---------------------- ------ ------- ------ ----- ------ -----
Best bid* 127.95 -0.33 127.84 -0.38 - -
Best ask* 127.98 -0.32 127.88 -0.36 - -
---------------------- ------ ------- ------ ----- ------ -----
REUTERS Bid* 127.89 -0.31 127.83 -0.33 127.74 -0.43
REUTERS Ask* 127.94 -0.32 127.86 -0.35 127.77 -0.43
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* 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
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Total by results of the day:
Morning Day ----------------------------
session: session: time (ALT):
Price ------------- ------------- ------------
level volume deals volume deals volume deals from to
------ ------ ----- ------ ----- ------- ----- ----- -----
128.20 55 2 55 2 10:15 10:27
128.13 500 1 500 1 10:32 10:32
128.10 1500 3 1500 3 10:31 10:31
128.08 2700 2 2700 2 10:31 10:31
128.06 1000 2 1000 2 10:31 10:31
128.05 5700 11 5700 11 10:27 10:38
128.04 2800 6 2800 6 10:31 10:39
128.03 3200 8 3200 8 10:28 10:39
128.02 2700 6 2700 6 10:27 10:40
128.01 2950 8 2950 8 10:15 10:44
128.00 307265 60 307265 60 10:15 10:45
127.99 2700 6 2700 6 10:24 10:53
127.98 540 6 540 6 10:20 10:57
127.97 400 3 800 3 1200 6 10:57 12:31
127.96 300 3 300 3 12:31 12:38
127.95 1000 5 600 4 1600 9 10:59 13:42
127.94 1090 7 1090 7 11:53 13:42
127.93 910 7 910 7 12:00 13:42
127.92 1600 4 1600 4 12:02 13:43
127.91 4100 10 4100 10 12:02 14:18
127.90 5000 14 5000 14 12:02 14:22
127.89 2000 1 2000 1 13:43 13:43
127.88 500 1 500 1 15:06 15:06
127.84 1500 2 1500 2 15:29 15:29
127.80 5 1 5 1 10:15 10:15
127.70 5 1 5 1 10:16 10:16
------ ------ ----- ------ ----- ----- ----- -----
TOTAL 335020 131 18400 56 353420 187 10:15 15:29
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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 March 13. 06 March 14. 06 March 15. 06 March 16. 06 March 16. 06 ---------- ------------ ------------ ------------ ------------ ------------ Offer 16,000 28,995 29,005 22,750 40,060 Bid 12,300 4,300 4,700 7,200 6,040 ---------- ------------ ------------ ------------ ------------ ------------ Difference -3,700 -24,695 -24,305 -15,550 -34,020 --------------------------------------------------------------------------------
There is practically nothing to add to the morning comment of IRBIS. By the results of the day the market unambiguously looks down.
In the opinion of IRBIS specialists, the market in March entered the phase, when drop of dollar mostly supports not action of fundamental factors, but speculative movements of traders and excitement of their clients. Today, owing to historical record volume of trades with dollar in KASE, this became especially evident.
In the opinion of IRBIS, further fate of the market is fully in hands of the National Bank. Judging by floatation of its notes today, the country's head bank has already started to undertake active steps on sterilization of excess tenge mass, occurring in process of excited sales of USD in KASE. However tough, firm support in the market of dollar from the National Bank currency traders while has not felt. Head bank as usual works only for smoothing of fluctuations of stock exchange rate, allowing tenge to strengthen to dollar with high, but constant speed. In March this speed by estimation of IRBIS specialists while is 38% APR.
[2006-03-17]