Within the first 6 months of 2006 volume of foreign currency trades on KASE reached $12,687.2 m. and grew 2.4 times in dollar equivalent

03.07.06 20:48
/IRBIS, Sergey Yakovlev, July 3, 06/ - Within the first six months of 2006 volume of trades in foreign currency held on Kazakhstan stock exchange (KASE) reached the equivalent of USD12,687.2 m. and grew by $7,439.4 m compared to similar period of last year or 2.42 times in dollar equivalent. In tenge equivalent the turnover grew 2.32 times. Below is the table of volume of foreign currency deals made on KASE in year 2006 grouped by months and types of currencies. --------------------------------------------------------------------- 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 June 1,563,040 0 4,200 186,704.5 1,563,196.2 -------------- ---------- ------ ------ ----------- ------------ Total 12,686,305 250 16,100 1,607,147.5 12,687,204.9 -------------- ---------- ------ ------ ----------- ------------ Jan-June, 2005 5,225,040 15,400 76,900 692,602.1 5,247,809.8 Trend, times 2.43 0.02 0.21 2.32 2.42 --------------------------------------------------------------------- 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 June 30, 06, according to IRBIS's estimates totaled KZT126.99 per dollar, on all exchange's deals - KZT126.62 per dollar. Rate of tenge strengthening against dollar at the exchange's rate is estimated this year as of June 30 of 2006 at 23.28% APR. For the first six months tenge against dollar strengthened by 11.48% in face value. In 2005 tenge devaluated against dollar by 2.91% in face value. [2006-07-03]