U.S. dollar market of Kazakhstan: day results

/IRBIS, Natalia Vaguina, November 21, 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 11:30 2:00-5:00 p.m. a.m. ALT a.m.-3:30 p.m. 2:00-5:00 p.m. --------------- ---------------- -------------- Indicator value trend value trend value trend ---------------------- ------- ------- ------- -------- ------- ------ Opening rate 120.65 -0.15 120.45 -0.15 x x ---------------------- ------- ------- ------- -------- ------- ------ Maximum rate 120.65 -0.15 120.47 -0.13 x x Volume on max. price 5 0 300 -200 x x ---------------------- ------- ------- ------- -------- ------- ------ Minimum rate 120.40 -0.17 120.29 -0.21 x x Volume on min. price 5 -550 150 -350 x x ---------------------- ------- ------- ------- -------- ------- ------ Closing rate 120.48 -0.12 120.40 -0.17 x x Weight. aver. rate 120.48 -0.12 120.32 -0.24 x x Session volume (gross) 146,880 +89,775 203,650 +115,150 x x Session net-turnover 113,545 +75,005 175,250 +99,950 x x Number of deals 200 +106 99 +8 x x Number of participants 21 +3 22 +1 x x ---------------------- ------- ------- ------- -------- ------- ------ Day gross-turnover* 350,530 +204,925 x x Day net-turnover* 286,895 +196,650 x x ---------------------- ------- ------- ------- -------- ------- ------ Best bid** 120.47 -0.13 120.37 -0.20 x x Best ask** 120.48 -0.13 120.41 -0.18 x x ---------------------- ------- ------- ------- -------- ------- ------ REUTERS Bid** 120.47 -0.13 120.33 -0.24 120.33 -0.29 REUTERS Ask** 120.51 -0.10 120.48 -0.11 120.42 -0.25 ---------------------------------------------------------------------- * 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 ------ ------- ----- ------- ----- ------- ----- ----- ----- 120.65 5 1 0 0 5 1 10:15 10:15 120.59 2,700 6 0 0 2,700 6 10:18 10:18 120.58 300 1 0 0 300 1 10:18 10:18 120.57 6,500 7 0 0 6,500 7 10:19 10:20 120.56 1,000 7 0 0 1,000 7 10:17 10:21 120.55 1,100 3 0 0 1,100 3 10:21 10:21 120.54 3,100 6 0 0 3,100 6 10:22 10:22 120.53 900 3 0 0 900 3 10:22 10:22 120.52 150 2 0 0 150 2 10:22 10:22 120.51 1,500 3 0 0 1,500 3 10:23 10:23 120.50 3,400 8 0 0 3,400 8 10:23 10:24 120.49 2,295 4 0 0 2,295 4 10:28 10:53 120.48 15,230 33 0 0 15,230 33 10:27 10:55 120.47 23,600 32 300 1 23,900 33 10:24 11:40 120.46 80,995 77 0 0 80,995 77 10:31 10:43 120.45 4,100 6 1,100 4 5,200 10 10:34 11:41 120.42 0 0 200 1 200 1 15:29 15:29 120.41 0 0 300 1 300 1 11:44 11:44 120.40 5 1 1700 7 1,705 8 10:15 15:30 120.38 0 0 7,800 14 7,800 14 11:49 15:28 120.37 0 0 5100 6 5,100 6 11:49 15:26 120.36 0 0 33,100 5 33,100 5 11:55 15:24 120.35 0 0 4500 5 4,500 5 12:00 15:19 120.34 0 0 600 3 600 3 12:47 14:11 120.33 0 0 800 2 800 2 14:01 15:12 120.32 0 0 8,200 7 8,200 7 12:17 15:19 120.31 0 0 22800 13 22,800 13 12:17 14:48 120.30 0 0 117,000 29 117,000 29 12:01 14:53 120.29 0 0 150 1 150 1 13:07 13:07 ------ ------- ----- ------- ----- ------- ----- ----- ----- TOTAL 146,880 200 203,650 99 350,530 299 10:15 15:30 ------------------------------------------------------------ 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 15, 16, 19, 20, 21, 07 07 07 07 07 ---------- -------- -------- -------- -------- -------- Ask 13,400 26,450 50,800 24,405 24,520 Bid 33,930 43,205 28,080 26,210 13,700 ---------- -------- -------- -------- -------- -------- Difference +20,530 +16,755 -22,720 +1,805 -10,820 ------------------------------------------------------- The day passed with a clearly expressed tenge appreciation relative to dollar. In IRBIS analysts' opinion, it was evoked by problems in banks with short- term liquidity in the period of payments in budget. These problems found adequate reflection in the growth of value of short tenge, and also in the dynamics of KazPrime-3M indicator. It has increased today at once by 20 basis points up to another historical maximum - 9.96% APR. The National Bank did not miss the opportunity to complete its currency reserves, having smoothed the exchange rate's fluctuations, however, its market position was not deciding. Demand for the American currency was strong, the number of net buyers of dollar exceeded the number of net sellers twice, and the first ones could play on the exchange rate's lowering. It is remarkable that on evening trades, the volume of operations with USD_SPT instrument reached $381.0 m., which, most probably, witnesses the high activity of non-residents on the local market. IRBIS perceives the outlined short-term trend as an operational fluctuation of the market and is not tended to overestimate it in the presence of existing demand. Most probably, tomorrow, we can expect a slight appreciation of tenge, but in the nearest future, dollar will regain the lost points. [2007-11-21]