Results of trades in US dollar at the morning (main) session of KASE on March 23
/IRBIS, Sergey Yakovlev, Andrey Tsalyuk, March 23, 06/ - 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 127.05 -0.25 Maximum rate 127.68 +0.19 Volume at maximum price 5 0 Minimum rate 127.05 -0.15 Volume at minimum price 5 0 Rate of the last deal 127.50 +0.09 ---------------------------------------------------- ------ -------- Weighted average rate 127.51 +0.11 Volume of the session 25,555 -176,210 ---------------------------------------------------- ------ -------- Number of deals 143 +6 Number of participants 17 -1 Volume of unsatisfied offer* 10,260 -11,740 Volume of unsatisfied demand* 6,900 -9,450 Best demand on KASE at closing 127.48 +0.08 Best offer on KASE at closing 127.50 +0.09 ---------------------------------------------------- ------ -------- Best demand at 11:00 out of stock exchange (REUTERS) 127.41 +0.11 Best offer at 11:00 out of stock exchange (REUTERS) 127.46 +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
------ ------- -------- ----- -----
127.68 5 1 10:28 10:28
127.66 10 1 10:29 10:29
127.65 1400 8 10:24 10:31
127.64 350 3 10:26 10:27
127.63 95 1 10:25 10:25
127.62 300 2 10:31 10:31
127.61 1600 6 10:24 10:32
127.60 1305 4 10:15 10:32
127.59 1010 5 10:22 10:32
127.58 800 7 10:20 10:32
127.57 200 2 10:32 10:32
127.56 1490 6 10:18 10:32
127.55 300 3 10:33 10:35
127.53 215 3 10:33 10:34
127.52 100 1 10:33 10:33
127.51 1200 10 10:33 10:38
127.50 1890 12 10:33 10:59
127.49 940 10 10:40 10:56
127.48 1000 4 10:40 10:58
127.47 1000 4 10:57 10:57
127.46 2200 6 10:41 10:49
127.45 8140 43 10:42 10:49
127.05 5 1 10:15 10:15
------ ------- -------- ----- -----
TOTAL 25555 143 10:15 10:59
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Today market's conjuncture suddenly changed, tat was, first of all, seen due to falling of USD offer volume. Banks' disposition on KASE changed too. Group of USD net-buyers today was more impressive than before. Number of traders, which were in it according to results of the session, exceeded number of trade participants working as net-sellers.
There are two other important facts. First of them is concerned with country's head bank, which today kept from making dollar transactions on KASE because of absence of necessity. The second fact is work of actual market-makers from among second tier banks. Two of them today preferred purchasing USD, that almost never occurred in this month.
Specialists of IRBIS do not exclude influence of strengthening of dollar against euro upon domestic market, which started on March 20 in spite many forecasts. Possibly, precisely this factor on Tuesday and today made Kazakhstan traders reduce USD offer volume and take waiting position on domestic market.
On the day session of KASE, taking into account rather high level of speculative demand and current conjuncture, specialists of IRBIS presume development of a positional trade on the reached price levels.
At the day trades of KASE at 1:17 p.m. dollar was quoted at 127.42/54, the last deal was made at 127.45. Volume of exchange transactions at the day trades by the mentioned time did not exceed $8.0 m. Out of stock exchange at 1:17 dollar was quoted at 127.40/45.
[2006-03-23]