Within the first 7 months of 2006 volume of foreign currency trades on KASE reached $14,421.2 m. and grew 2.3 times in dollar equivalent

01.08.06 17:36
/IRBIS, Sergey Yakovlev, August 1, 06/ - Within the first seven months of 2006 volume of trades in foreign currency held on Kazakhstan stock exchange (KASE) reached the equivalent of USD14,421.2 m. and grew by $8,002.5 m compared to the similar period of last year or 2.25 times in dollar equivalent. In tenge equivalent the turnover grew 2.13 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 July 1,733,335 0 17,500 204,720.9 1,733,986.7 -------------- ---------- ------ ------ ----------- ------------ Total 14,419,640 250 33,600 1,811,868.4 14,421,191.6 -------------- ---------- ------ ------ ----------- ------------ Jan-July, 2005 6,395,810 15,400 78,800 851,540.3 6,418,646.2 Trend, times 2.25 0.02 0.43 2.13 2.25 --------------------------------------------------------------------- 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 July 31, 06, according to IRBIS's estimation totaled KZT125.95 per dollar, on all exchange's deals - KZT125.64 per dollar. Rate of tenge strengthening against dollar at the exchange's rate is estimated this year as of July 31 of 2006 at 19.86% APR. Within the period of the first seven months tenge against dollar strengthened by 11.48% in face value. In 2005 tenge devaluated against dollar by 2.91% in face value. [2006-08-01]