U.S. dollar market of Kazakhstan: day results
/IRBIS, Valeriy Khegay, Andrey Tsalyuk, November 16, 06/ - Following is the table of major indicators of Kazakhstan market of U.S. dollar on 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)
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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 127.95 +0.05 128.00 +0.04 127.99 -
---------------------- ------ ------- ------ ------ ------ -----
Maximum rate 128.00 +0.04 128.05 +0.08 127.99 -
Volume on max. price 164745 +164740 1000 +340 600 +600
---------------------- ------ ------- ------ ------ ------ -----
Minimum rate 127.95 +0.06 127.99 +0.06 127.99 -
volume on min. price 5 -295 9600 +6600 600 +600
---------------------- ------ ------- ------ ------ ------ -----
Closing rate 127.99 +0.03 127.99 +0.02 127.99 -
Weight. aver. rate 127.99 +0.08 128.00 +0.04 127.99 -
Volume of the session 300400 +202760 63450 +20180 600 +600
Number of deals 168 +51 57 -2 1 +1
Number of participants 20 0 20 +2 3 +1
---------------------- ------ ------- ------ ------ ------ -----
Best bid* 127.98 +0.05 127.98 +0.02 127.97 +0.04
Best ask* 127.99 +0.03 127.99 +0.02 128.00 0
---------------------- ------ ------- ------ ------ ------ -----
REUTERS Bid* 127.94 +0.06 127.99 +0.07 127.94 +0.02
REUTERS Ask* 127.98 +0.07 128.03 +0.07 127.99 0
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* at closing of the session on KASE, out of stock exchange - by the
data of REUTERS
Table of price levels of trade in US dollar on KASE on TOM terms
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TOTAL BY DAY RESULTS:
Morning United ----------------------------
session: session: time (ALT):
Price -------------- ------------- ------------
level volume deals volume deals volume deals from to
------ ------- ----- ------ ----- ------- ----- ----- -----
128.05 0 0 1000 1 1,000 1 14:45 14:45
128.02 0 0 4300 11 4,300 11 14:38 15:00
128.01 0 0 6600 8 6,600 8 12:25 15:00
128.00 164,745 67 41950 24 206,695 91 10:15 15:29
127.99 55,500 40 9600 13 65,100 53 10:25 15:29
127.98 69,250 46 0 0 69,250 46 10:33 10:55
127.97 10,900 14 0 0 10,900 14 10:36 10:40
127.95 5 1 0 0 5 1 10:15 10:15
------ ------- ----- ------ ----- ------- ----- ----- -----
TOTAL 300,400 168 63450 57 363,850 225 10:15 15:29
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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 Nov. 10, 06 Nov. 13, 06 Nov. 14, 06 Nov. 15, 06 Nov. 16, 06 ---------- ----------- ----------- ----------- ----------- ----------- Offer 37,980 85,105 39,730 17,400 89,455 Bid 28,955 54,100 26,100 63,590 69,545 ---------- ----------- ----------- ----------- ----------- ----------- Difference -9,025 -31,005 -13,630 +46,190 -19,910 ---------------------------------------------------------------------------
Summary net position of participants in exchange trades of USD_TOD instrument by day results on KASE totaled $190,845.0 th., and turned out to be 1.9 times less than the corresponding gross indicator ($363,850.0 th.). Comparable data of the previous day - $75,540.0 th., 1.8 times, $140,910.0 th.
As IRBIS analysts assumed, traders today tried to push dollar prices higher than 128.00. Basing on the ratio of gross and net turnover of trades USD_TOD, strength of this movement was substantial, and on day session of KASE American dollar rate has even been on 128.05. However, day results allow saying only about the price approach to this level, since they failed to fix higher than it. "The main player " again showed traders the firmness of upper limits of the market.
The last circumstance, as well as fully equilibrium disposition of banks on KASE by day results and ratio of indicators in the third table, do not let IRBIS forecast the dollar growth rate on Friday higher than 128.00. One cannot exclude the possibility of the second attempt to push 128.00 up though, with a more obstinate attempt than today. In case of a very big bid volume this resistance level can be broken.
[2006-11-16]