Results of US dollar trades at the morning (main) session of KASE on August 24

/IRBIS. Sergey Yakovlev. Andrey Tsalyuk. August 24, 07/ - Today the next morning trades in U.S. dollar in TOD terms were held on Kazakhstan stock exchange (KASE). The main parameters of the trade and comparison with corresponding indicators of previous morning session are presented below. Table of trade results (tenge per dollar. th. dollars) ---------------------------------------------------------------------- Indicator Value Trend ---------------------------------------------------- ------- ------- Rate of the first deal 126.00 +1.00 Maximum rate 126.00 +0.50 Volume at maximum price 5 -200 Minimum rate 125.41 +0.41 Volume at minimum price 13005 +13000 Rate of the last deal 125.80 +0.30 ---------------------------------------------------- ------- ------- Weighted average rate 125.56 +0.27 Volume of the session 331,375 +26,465 ---------------------------------------------------- ------- ------- Net-turnover 254,000 +5,700 Number of deals 189 -14 Number of participants 21 0 Volume of unsatisfied offer* 19,365 +16,165 Volume of unsatisfied demand* 264,165 +67,815 Best demand on KASE at closing 125.77 +0.32 Best offer on KASE at closing 125.80 +0.20 ---------------------------------------------------- ------- ------- Best demand at 11:00 out of stock exchange (REUTERS) 125.61 +0.16 Best offer at 11:00 out of stock exchange (REUTERS) 125.66 +0.19 ---------------------------------------------------------------------- * 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 ------ ------- --------- ----- ----- 126.00 5 1 10:15 10:15 125.81 900 2 10:56 10:59 125.80 32,600 24 10:54 10:59 125.76 2,000 5 10:45 10:53 125.75 3,895 10 10:40 10:53 125.74 8,700 11 10:40 10:51 125.73 30,165 10 10:45 10:53 125.72 11,600 12 10:45 10:49 125.71 20,635 12 10:45 10:49 125.70 600 2 10:39 10:39 125.69 200 2 10:39 10:39 125.68 5,600 7 10:34 10:36 125.66 1,500 2 10:32 10:34 125.65 100 1 10:31 10:31 125.58 100 1 10:26 10:26 125.55 3,500 4 10:17 10:25 125.50 10,300 5 10:17 10:22 125.49 2,000 1 10:22 10:22 125.48 12,210 7 10:18 10:20 125.47 10,600 8 10:18 10:22 125.46 13,100 5 10:20 10:20 125.45 103,155 25 10:17 10:20 125.44 31,005 14 10:18 10:20 125.43 11,600 7 10:17 10:18 125.42 2,300 3 10:17 10:17 125.41 13,005 8 10:15 10:17 ------ ------- --------- ----- ----- TOTAL 331,375 189 10:15 10:59 ---------------------------------------- Today demand for American currency from the side of STB increased. Results of session let to speak that it again was bordered with rushed. By opinion of analysts of IRBIS today it was promoted by volumetric maturity of notes by National bank (both planned paying on August 24 and redeeming of big volume of notes on secondary market on August 22), and also finishing of second tax week. From 21 banks participated today in deals with dollar on KASE, by results of session only two were in camp of net-sellers of USD. Degree of monopolization of supply was very high. Under pressure of demand National bank had to push upward the level of its resistance to market. This pushing by opinion of IRBIS is able to cheer up traders on day session of KASE and is fraught with significant weakening of positions of tenge till the end of day. Results of trades are showing that Kazakhstan market currently in full measure feels on itself the influence of global crisis of liquidity. However this crisis mainly influences on our banks through physical entities, taking deposits and converting received sums to American currency. Exactly with this circumstance analysts of IRBIS are explaining such compact stable demand fro dollars from the side of participants of exchange trades. At the day trades of KASE at 12:55 p.m. dollar was quoted at 125.92/125.96. the last deal was made at 125.95. On the over-the-counter the dollar was quoted at the pointed time at 125.85/125.90. [2007-08-24]