U.S. dollar market of Kazakhstan: day results

/IRBIS, Natalya Vaguina, Andrey Tsalyuk, November 7, 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 120.50 -0.80 120.73 -0.19 120.71 -0.16 ---------------------- ------- ------- ------- ------- ------ -------- Maximum rate 121.00 -0.30 120.73 -0.20 120.72 -0.18 Volume on max. price 5 0 300 -200 2,000 +1,300 ---------------------- ------- ------- ------- ------- ------ -------- Minimum rate 120.50 -0.20 120.66 -0.16 120.70 -0.13 Volume on min. price 5 0 800 -6,250 23,500 -43,500 ---------------------- ------- ------- ------- ------- ------ -------- Closing rate 120.71 -0.19 120.66 -0.23 120.72 -0.18 Weight. aver. rate 120.71 -0.21 120.69 -0.16 120.70 -0.15 Session volume (gross) 128,410 +92,560 53,300 -76,950 30,500 -175,200 Session net-turnover 62,200 +37,940 42,100 -24,350 28,500 +16,800 Number of deals 203 +102 65 -39 5 -3 Number of participants 20 0 22 +6 10 +1 ---------------------- ------- ------- ------- ------- ------ -------- Day gross-turnover* 181,710 +15,610 30,500 -175,200 Day net-turnover* 69,530 -12,515 30,500 +16,800 ---------------------- ------- ------- ------- ------- ------ -------- Best bid** 120.70 -0.20 120.66 -0.18 120.65 -0.21 Best ask** 120.72 -0.19 120.69 -0.20 120.70 -0.20 ---------------------- ------- ------- ------- ------- ------ -------- REUTERS Bid** 120.68 -0.21 120.66 -0.18 120.67 -0.17 REUTERS Ask** 120.72 -0.26 120.70 -0.18 120.70 -0.18 ---------------------------------------------------------------------------- * 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 Day ---------------------------- session: session: time (ALT): Price -------------- ------------- ------------ level volume deals volume deals volume deals from to ------ ------- ----- ------ ----- ------- ----- ----- ----- 121.00 5 1 5 1 10:15 10:15 120.89 300 1 300 1 10:18 10:18 120.88 300 1 300 1 10:18 10:18 120.86 600 2 600 2 10:18 10:18 120.85 900 4 900 4 10:17 10:18 120.84 500 1 500 1 10:18 10:18 120.83 500 2 500 2 10:19 10:19 120.81 500 3 500 3 10:19 10:19 120.80 4,800 8 4,800 8 10:19 10:21 120.79 1,700 4 1,700 4 10:21 10:22 120.78 1,900 5 1,900 5 10:23 10:24 120.77 1,100 2 1,100 2 10:24 10:24 120.76 1,300 4 1,300 4 10:24 10:25 120.75 4,400 7 4,400 7 10:24 10:24 120.74 1,800 5 1,800 5 10:25 10:58 120.73 2,400 7 300 2 2,700 9 10:26 11:44 120.72 4,000 8 500 1 4,500 9 10:26 12:55 120.71 9,000 15 300 2 9,300 17 10:26 12:24 120.70 75,100 82 8,200 20 83,300 102 10:27 14:47 120.69 10,800 20 33,400 29 44,200 49 10:29 15:14 120.68 1,900 6 1,700 5 3,600 11 10:29 15:22 120.67 2,100 3 8,100 5 10,200 8 10:29 15:28 120.66 800 7 800 1 1,600 8 10:29 15:29 120.65 1,700 4 1,700 4 10:30 10:31 120.50 5 1 5 1 10:15 10:15 ------ ------- ----- ------ ----- ------- ----- ----- ----- TOTAL 128,410 203 53,300 65 181,710 268 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 November November November November November 1, 2, 5, 6, 7, 07 07 07 07 07 ---------- -------- -------- -------- -------- -------- Ask 18,035 21,520 29,295 49,445 30,540 Bid 48,600 50,005 49,595 17,505 26,850 ---------- -------- -------- -------- -------- -------- Difference +30,565 +28,485 +20,300 -31,940 -3,690 ------------------------------------------------------------ The day passed under the symbol of tenge appreciation. The banks were willingly selling the American currency against the background of growing repo overnight rates and pertinacity of dollar buyers. Everything witnesses that the market experiences the influence of the first "tax week", and banks sell USD to restore their short-term liquidity. Thus, stationary trades of traders moved to the lower boundary of horizontal consolidation channel. Banks' disposition on KASE and traders' behavior do not give the ground to IRBIS analysts to consider the outlined tendency of tenge appreciation even as a short-term trend. Yet these are operational market fluctuations. The forecast for Thursday would be: attempts of traders to develop tenge's success. [2007-11-07]