U.S. dollar market of Kazakhstan: day results

/IRBIS, Sergey Yakovlev, Andrey Tsalyuk, September 29, 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) ----------------------------------------------------------------------- Instrument USD TOD USD TOD USD TOM KASE's session Morning Day Evening Time 10:15-11:00 ALT 11:30-15:30 14:00-17:00 --------------- -------------- -------------- Indicator value trend value trend value trend ---------------------- ------- ------ ------ ------ ------ ------ Opening rate 127.30 +0.25 127.20 +0.09 127.16 - ---------------------- ------- ------ ------ ------ ------ ------ Maximum rate 127.30 +0.15 127.23 +0.04 127.16 - Volume on max. price 10000 +500 1250 +330 19000 +19000 ---------------------- ------- ------ ------ ------ ------ ------ Minimum rate 127.20 +0.15 127.13 +0.04 127.16 - volume on min. price 27500 +26000 100 -700 19000 +19000 ---------------------- ------- ------ ------ ------ ------ ------ Closing rate 127.20 +0.08 127.13 -0.06 127.16 - Weight. aver. rate 127.22 +0.10 127.17 +0.02 127.16 - Volume of the session 125950 +69250 25350 -75020 19000 +19000 Number of deals 123 -9 42 -42 1 +1 Number of participants 18 -5 18 0 3 +2 ---------------------- ------- ------ ------ ------ ------ ------ Best bid* 127.19 +0.07 127.10 -0.08 - - Best ask* 127.20 +0.07 127.15 -0.04 - - ---------------------- ------- ------ ------ ------ ------ ------ REUTERS Bid* 127.20 +0.13 127.11 -0.07 127.11 -0.09 REUTERS Ask* 127.23 +0.11 127.16 -0.04 127.13 -0.09 ----------------------------------------------------------------------- * 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 ------------------------------------------------------------------ Total by results of the day: Morning Day ---------------------------- session: session: time (ALT): Price ------------- ------------- ------------ level volume deals volume deals volume deals from to ------ ------ ----- ------ ----- ------- ----- ----- ----- 127.30 10000 1 10000 1 10:15 10:15 127.25 1650 4 1650 4 10:16 10:17 127.24 500 2 500 2 10:17 10:17 127.23 1200 5 1250 5 2450 10 10:17 12:03 127.22 23300 30 1900 8 25200 38 10:16 12:23 127.21 61800 51 500 3 62300 54 10:18 13:55 127.20 27500 30 3800 8 31300 38 10:23 14:25 127.19 3000 7 3000 7 14:12 15:13 127.18 400 2 400 2 14:23 15:09 127.17 2500 2 2500 2 14:42 15:09 127.16 300 1 300 1 14:52 14:52 127.15 1600 4 1600 4 14:52 15:20 127.14 10000 1 10000 1 15:28 15:28 127.13 100 1 100 1 15:29 15:29 ------ ------ ----- ------ ----- ------- ----- ----- ----- TOTAL 125950 123 25350 42 151300 165 10:15 15:29 ------------------------------------------------------------------ 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 Sep. 25, 06 Sep. 26, 06 Sep. 27, 06 Sep. 28, 06 Sep. 29, 06 ---------- ----------- ----------- ----------- ----------- ----------- Offer 21,600 9,080 6,350 11,980 72,850 Bid 40,250 42,950 42,000 38,400 10,700 ---------- ----------- ----------- ----------- ----------- ----------- Difference +18,650 +33,870 +35,650 +26,420 -62,150 --------------------------------------------------------------------------- By day results there has been almost no changes on the market. The quantitative advantage of USD net-sellers as before is blocked by strongly monopolized offer, which allows dollar to strengthen with adjustable rate. However, today on day trades tenge managed to win back several points. By the results of the technical analysis the given fall is not connected to the growth of offer volume. Therefore, it is still early to say about the change of the state of the market. Nevertheless, it should be noted that a risk of short- term liquidity of second tier banks is appearing on the market, which might play a key role in compensational roll of prices in coming week. Growth of unsatisfied offer also shows it, which, in its turn, signals about senility of current trend. It is also important to note that some market participants connect rally on Kazakhstan market of US dollar with the offering of shares of Exploration Extraction KazMunayGas JSC, bid book on which was set up today. It is not impossible that this fact had a particular influence on traders, and some of them prefer fixing income on long positions in the expectation of changes in rate dynamics. On the whole, by day and week results one can conclude that dollar positions on exchange floor of KASE remains enough durable. [2006-09-29]