Results of trades in US dollar in the morning (main) session of KASE on December 27

/IRBIS, Sergey Yakovlev, Andrey Tsalyuk, December 27, 06/ - Today the next morning trades in U.S. dollar in TOD payment terms were held on Kazakhstan stock exchange (KASE). The main parameters of the trade and comparison with corresponding indicators of previous morning session are given below. Table of trade results (tenge per dollar, th. dollars) ----------------------------------------------------------------------- Indicator Value Trend ---------------------------------------------------- ------- -------- Rate of the first deal 127.50 0 Maximum rate 128.00 -0.10 Volume at maximum price 5 0 Minimum rate 127.50 0 Volume at minimum price 5 0 Rate of the last deal 127.67 -0.18 ---------------------------------------------------- ------- -------- Weighted average rate 127.75 -0.19 Volume of the session 474,605 +399,890 ---------------------------------------------------- ------- -------- Net-turnover 248,700 +203,105 Number of deals 185 +79 Number of participants 21 +2 Volume of unsatisfied offer* 90,395 +34,990 Volume of unsatisfied demand* 45,700 +44,695 Best demand on KASE at closing 127.65 -0.15 Best offer on KASE at closing 127.66 -0.21 ---------------------------------------------------- ------- -------- Best demand at 11:00 out of stock exchange (REUTERS) 127.58 -0.36 Best offer at 11:00 out of stock exchange (REUTERS) 127.66 -0.31 ----------------------------------------------------------------------- * volume of corresponding active bids of STB in the trade system at closing of the trade Table of trade price levels ----------------------------------------- Time (ALT) Price Volume. Number of ------------ level th.. USD deals from to ------ -------- --------- ----- ----- 128.00 5 1 10:15 10:15 127.85 4,500 7 10:16 10:18 127.84 205 2 10:19 10:23 127.83 2,500 5 10:19 10:24 127.82 500 1 10:22 10:22 127.81 500 1 10:24 10:24 127.80 800 2 10:24 10:24 127.77 2,600 5 10:25 10:27 127.76 1,500 2 10:26 10:33 127.75 439,290 125 10:26 10:39 127.74 1,200 4 10:28 10:40 127.73 300 2 10:44 10:44 127.70 8,500 9 10:45 10:47 127.67 400 1 10:59 10:59 127.65 11,800 17 10:51 10:59 127.50 5 1 10:15 10:15 ------ -------- --------- ----- ----- TOTAL 474 605 185 10:15 10:59 ----------------------------------------- The pressure of dollar supply from the side of STB and their clients today became very strong even for head bank of the country, which during two an little months had roughly restrained the attempts of the market to strengthen tenge. The action of this factor forced National bank to go to classical evening-out of the rate's fluctuations and actually open the market down, on what the traders had reacted by the rapid raising of short positions. Disposition of banks on KASE, formed by the totals of the trade, had showed the serious orientation of the market for strengthening of tenge and prevalence of dollar supply from the side o STB over the demand of the analogical appearance. Analysts of IRBIS are sure that till the end of the day dollar will significantly weaken its positions, and the market will be active. At the day trades of KASE at 12:10 p.m. dollar was quoted at 127.56/60, the last deal was made at 127.59. The volume of operations had reached $8.5 m. On over-the-counter market at the pointed time the dollar was quoted at 127.52/58. [2006-12-27]