Within the first 5 months of 2006 volume of foreign currency trades on KASE reached $11,124.0 m. and grew 3.1 times in dollar equivalent
/IRBIS, Sergey Yakovlev, June 1, 06/ - Within the first five months of 2006 volume of trades in foreign currency held on Kazakhstan stock exchange (KASE) reached the equivalent of USD11,124.0 m. and grew by $7,577.2 m compared to similar period of last year. or 3.14 times in dollar equivalent. In tenge equivalent the turnover grew 3.06 times.
Below is the table of volume of foreign currency deals made on KASE in year 2006 grouped by months and types of currencies.
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Total
trade volume, th. units Volume of
-------------------------- Volume, equivalent,
Month USD EUR RUB m. KZT th. USD
------------- ---------- ------ ------ ----------- ------------
January 1,504,075 250 700 199,907.4 1,504,407.0
February 1,848,040 0 700 242,607.3 1,848,064.8
March 2,825,400 0 1,200 363,105.5 2,825,442.8
------------- ---------- ------ ------ ----------- ------------
April 2,406,760 0 600 303,793.6 2,406,781.6
------------- ---------- ------ ------ ----------- ------------
May 2,538,990 0 8,700 311,029.1 2,539,312.3
------------- ---------- ------ ------ ----------- ------------
Total 11,123,265 250 11,900 1,420,443.0 11,124,008.7
------------- ---------- ------ ------ ----------- ------------
Jan-May, 2005 3,525,115 14,775 67,900 464,061.0 3,546,803.3
Trend, times 3.16 0.02 0.18 3.06 3.14
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Weighted average market rate of tenge against US dollar, calculated on all deals of the main (morning) session of KASE from January 1, 06 till May 31, 06, according to IRBIS's estimates totaled KZT127.96 per dollar, on all exchange's deals - KZT127.69 per dollar.
Rate of tenge strengthening against dollar at the exchange's rate is estimated this year as of May 31 of 2006 at 22.76% APR. For the first five months tenge against dollar strengthened by 6.99%in rated value.
In 2005 tenge devaluated against dollar by 2.91% in rated value.
[2006-06-01]