U.S. dollar market of Kazakhstan: day results

/IRBIS, Sergey Yakovlev, Andrey Tsalyuk, May 4, 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 120.00 +0.20 119.30 -0.42 119.25 -0.91 ---------------------- ------- ------- ------ ------- ------ ------ Maximum rate 120.00 -0.30 119.30 -0.50 119.25 -0.93 Volume on max. price 5 0 1000 +950 500 -500 ---------------------- ------- ------- ------ ------- ------ ------ Minimum rate 119.00 -0.50 119.11 -0.44 119.14 -0.40 Volume on min. price 5 0 50 -950 1000 -1000 ---------------------- ------- ------- ------ ------- ------ ------ Closing rate 119.11 -0.65 119.21 -0.39 119.17 -0.37 Weight. aver. rate 119.28 -0.59 119.22 -0.50 119.17 -0.56 Session volume (gross) 222680 +160860 72365 -24685 20500 -28000 Session net-turnover 165 815 +127315 55360 +26710 10500 +3000 Number of deals 121 -6 82 +26 14 +2 Number of participants 17 +1 20 +2 9 +4 ---------------------- ------- ------- ------ ------- ------ ------ Day gross-turnover* 295045 +136175 20500 -28000 Day net-turnover* 209450 +151550 20500 +3000 ---------------------- ------- ------- ------ ------- ------ ------ Best bid** 119.10 -0.66 119.21 -0.34 119.00 -0.50 Best ask** 119.14 -0.63 119.23 -0.37 119.22 -0.35 ---------------------- ------- ------- ------ ------- ------ ------ REUTERS Bid** 119.18 -0.51 119.14 -0.41 119.06 -0.49 REUTERS Ask** 119.23 -0.56 119.19 -0.41 119.13 -0.47 ------------------------------------------------------------------------- * 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 ------ ------- ----- ------ ----- ------- ----- ----- ----- 120.00 5 1 5 1 10:15 10:15 119.50 5 1 5 1 10:15 10:15 119.35 1,010 2 1,010 2 10:28 10:28 119.34 10 1 10 1 10:28 10:28 119.32 2,020 4 2,020 4 10:28 10:28 119.31 1,000 1 1,000 1 10:28 10:28 119.30 151,630 45 1,000 1 152,630 46 10:27 11:31 119.29 1,000 1 1,000 1 10:27 10:27 119.28 1,350 3 1,350 3 10:27 10:34 119.27 1,000 1 1,000 1 10:27 10:27 119.26 600 2 600 2 10:34 10:34 119.25 26,050 7 925 4 26,975 11 10:27 15:18 119.24 5,500 4 3,055 8 8,555 12 10:37 15:19 119.23 7,000 4 45,750 15 52,750 19 10:27 15:27 119.22 50 1 4,055 10 4,105 11 10:23 15:27 119.21 1,050 2 2,330 4 3,380 6 10:23 15:28 119.20 13,250 14 550 3 13,800 17 10:23 15:05 119.19 550 2 550 2 14:05 15:05 119.18 5,600 8 4,600 12 10,200 20 10:24 13:55 119.17 55 1 500 1 555 2 10:25 13:45 119.16 840 7 2,500 3 3,340 10 10:26 13:41 119.15 2,250 5 3,500 6 5,750 11 10:48 12:54 119.14 1,450 5 1,450 5 11:42 12:43 119.13 50 1 50 1 12:43 12:43 119.12 700 2 1,500 6 2,200 8 10:52 12:43 119.11 700 3 50 1 750 4 10:53 12:43 119.00 5 1 5 1 10:15 10:15 ------ ------- ----- ------ ----- ------- ----- ----- ----- TOTAL 222,680 121 72,365 82 295,045 203 10:15 15:28 ------------------------------------------------------------------- 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 Apr. 27, 07 Apr. 30, 07 May 2, 07 May 3, 07 May 4, 07 ---------- ----------- ----------- --------- --------- --------- Ask 103,355 39,135 20,150 52,380 126,165 Bid 14,285 18,095 25,950 41,410 12,170 ---------- ----------- ----------- --------- --------- --------- Difference -89,070 -21,040 +5,800 -10,970 -113,995 --------------------------------------------------------------------- Day was dissimilar on conjuncture. The first half of it had passed in expressed strengthening of tenge to dollar, which the National Bank had to damp actively. Its actions had forced the speculatively mood traders to turn the market, which on the day session had worked the correctional recoil of dollar rate upward. The relative stabilization of prices was reached on the closing of exchange between rates 119.20 and 119.25. Disposition of STB on exchange was characterized by small quantitative priority of net-buyers. However in the camp of net-sellers today were working all actual market-makers, volume of supply of which had provided the decrease of dollar rate. It is notable that relation of gross- to net-turnover today was very low - 1.41. By opinion of analysts of IRBIS it shows the strength of the noted short-term trend. In the beginning of the next week the analysts of IRBIS are expecting the further development of the main tendency. However the decrease of dollar arte should not be significant. The amount of tenge, planned by National bank to convertation in May is very high - KZT142.5 bn. The need of convertation of such big amount of tenge into USD almost without any "inflation consequences" is able to stop the decrease of dollar on the local market, if of course National bank will be interested in such development of events. [2007-05-04]