U.S. dollar market of Kazakhstan: day results

/IRBIS, Sergey Yakovlev, March 19, 07/ - 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) --------------------------------------------------------------------- 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 123.66 -0.39 123.66 -0.39 123.66 -0.39 ---------------------- ------- ------ ------ ----- ------ ----- Maximum rate 123.70 -0.39 123.70 -0.39 123.70 -0.39 Volume on max. price 1000 +500 1000 +500 1000 +500 ---------------------- ------- ------ ------ ----- ------ ----- Minimum rate 123.66 -0.36 123.66 -0.36 123.66 -0.36 Volume on min. price 5000 +3000 5000 +3000 5000 +3000 ---------------------- ------- ------ ------ ----- ------ ----- Closing rate 123.70 -0.38 123.70 -0.38 123.70 -0.38 Weight. aver. rate 123.67 -0.37 123.67 -0.37 123.67 -0.37 Session volume (gross) 6500 -8500 6500 -8500 6500 -8500 Session net-turnover 5500 -9000 5500 -9000 5500 -9000 Number of deals 4 -4 4 -4 4 -4 Number of participants 8 +2 8 +2 8 +2 ---------------------- ------- ------ ------ ----- ------ ----- Day gross-turnover* 6500 -8500 6500 -8500 6500 -8500 Day net-turnover* 6500 -9000 6500 -9000 6500 -9000 ---------------------- ------- ------ ------ ----- ------ ----- Best bid** 123.59 -0.46 123.59 -0.46 123.59 -0.46 Best ask** 123.65 -0.50 123.65 -0.50 123.65 -0.50 ---------------------- ------- ------ ------ ----- ------ ----- REUTERS Bid** 123.59 -0.42 123.59 -0.42 123.59 -0.42 REUTERS Ask** 123.62 -0.42 123.62 -0.42 123.62 -0.42 --------------------------------------------------------------------- * resulting net-position on each instrument ** 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 TOD terms --------------------------------------------------------------------- TOTAL BY DAY RESULTS: Morning United ---------------------------- session: session: time (ALT): Price ------------- ---------------- ------------ level volume deals volume deals volume deals from to ------ ------ ----- --------- ----- ------- ----- ----- ----- 124.20 5 1 5 1 10:15 10:15 123.80 100 1 100 1 10:16 10:16 123.76 700 3 700 3 10:16 10:17 123.75 10,005 25 10,005 25 10:15 10:20 123.73 100 1 100 1 10:20 10:20 123.72 1,400 6 100 1 1,500 7 10:20 15:28 123.71 1,900 13 1,950 9 3,850 22 10:21 15:29 123.70 4,900 11 2,300 4 7,200 15 10:21 15:29 123.69 2,000 5 1,500 4 3,500 9 10:41 15:22 123.68 2,600 7 6,000 3 8,600 10 10:28 15:23 123.67 1,600 5 2,300 5 3,900 10 10:32 15:18 123.66 12,300 34 27,050 10 39,350 44 10:22 15:12 123.65 4,100 12 25,650 19 29,750 31 10:22 15:06 123.64 4,800 10 700 2 5,500 12 10:27 14:48 123.63 7,000 13 900 3 7,900 16 10:27 14:35 123.62 3,900 9 500 2 4,400 11 10:23 14:28 123.61 500 3 500 2 1,000 5 10:23 14:33 123.60 1,900 7 3000 13 4,900 20 10:23 14:33 123.59 1300 4 1,300 4 12:12 14:21 123.58 2100 7 2,100 7 12:12 14:20 123.57 1000 1 1,000 1 12:47 12:47 123.56 100 1 1900 8 2,000 9 10:24 12:40 123.55 700 2 700 2 10:24 10:25 ------ ------ ----- - ------ ----- ------- ----- ----- ----- TOTAL 60,610 169 78,750 97 139,360 266 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 Mar. 13, 07 Mar. 14, 07 Mar. 15, 07 Mar. 16, 07 Mar. 19, 07 ---------- ----------- ----------- ----------- ----------- ----------- Offer 41,045 20,100 20,895 18,300 33,310 Bid 163,300 56,055 20,800 27,365 18,310 ---------- ----------- ----------- ----------- ----------- ----------- Difference +122,255 +35,955 -95 +9,065 -15,000 --------------------------------------------------------------------------- The end result of the day can be named the effort of traders to test the market for possibility of US dollar drop after short-term technical correction. The effort succeeded even having relatively small volume of USD offering. During the day USD purchasers demonstrated incompliance, and they insistently speculated downward. On the basis of results of the technical analysis, it is possible to assume that abrupt leaps of dollar rate are not expected. Rate's fluctuations, more likely, will lie in the price range between stages 123.50 and 123.70. Prediction by IRBIS for Tuesday says that it is possible to view on following day turn back of the market and tenge growth. [2007-03-19]