Within the first 11 months of 2006 volume of foreign currency trades on KASE reached $34,616.0 m. and grew 3.4 times in dollar equivalent

01.12.06 19:09
/IRBIS, Sergey Yakovlev, December 1, 06/ - Within the first eleven months of 2006 volume of trades in foreign currency held on Kazakhstan stock exchange (KASE) reached the equivalent of USD34,616.0 m. and grew by $24,372.7 m., compared to the similar period of last year or 3.4 times in dollar equivalent. In tenge equivalent the turnover grew 3.2 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 August 3,234,365 0 5,000 398,085.0 3,234,552.3 September 3,557,775 0 75,600 449,744.8 3,560,612.0 October 6,135,005 0 17,800 783,723.9 6,135,668.9 November 7,263,600 0 10,500 929,124.8 7,263,996.3 -------------- ---------- ------ ------- ----------- ------------ Total 34,610,385 250 142,500 4,372,546.8 34,616,021.1 -------------- ---------- ------ ------- ----------- ------------ Jan-Nov., 2005 10,214,645 15,400 102,300 1,365,384.0 10,243,335.3 Trend, times 3.39 0.02 1.39 3.20 3.38 ---------------------------------------------------------------------- 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 November 30, 06, according to IRBIS's estimation totaled KZT126.57 per dollar, on all exchange's deals - KZT126.32 per dollar. Rate of tenge strengthening against dollar at the exchange's rate is estimated this year as of October 30 of 2006 at 4.74% APR. Within the period of the first eight months tenge against dollar strengthened by 4.33% in face value. In 2005 tenge devaluated against dollar by 2.91% in face value. [2006-12-01]