U.S. dollar market of Kazakhstan: day results

/IRBIS, Natalya Vaguina, Ruslan Dzyubaylo, January 8, 08/ - 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 121.00 +0.70 120.64 +0.08 120.66 +0.03 ---------------------- ------ ------- ------- ------- ------ ------- Maximum rate 121.00 +0.20 120.67 +0.10 120.70 +0.05 Volume on max. price 5 0 1,000 -7,200 1,400 -3,600 ---------------------- ------ ------- ------- ------- ------ ------- Minimum rate 120.50 +0.20 120.64 +0.10 120.66 +0.05 Volume on min. price 5 0 61,100 +43,900 2,000 -5,000 ---------------------- ------ ------- ------- ------- ------ ------- Closing rate 120.65 +0.10 120.67 +0.10 120.70 +0.06 Weight. aver. rate 120.65 +0.10 120.65 +0.10 120.68 +0.05 Session volume (gross) 77,770 +15,950 143,855 +24,355 3,400 -98,000 Session net-turnover 65,255 +12,355 133,255 +23,855 3,400 -96,900 Number of deals 120 +14 68 -2 3 -13 Number of participants 19 0 17 -3 6 -5 ---------------------- ------ ------- ------- ------- ------ ------- Day gross-turnover* 221,625 +40,305 3,400 -98,000 Day net-turnover* 140,300 -8,005 3,400 -96,900 ---------------------- ------ ------- ------- ------- ------ ------- Best bid** 120.65 +0.11 120.65 +0.08 120.67 +0.03 Best ask** 120.67 +0.12 120.68 +0.10 120.70 +0.04 ---------------------- ------ ------- ------- ------- ------ ------- REUTERS Bid** 120.63 +0.07 120.50 -0.10 120.69 +0.09 REUTERS Ask** 120.68 +0.03 120.70 +0.03 120.75 +0.08 -------------------------------------------------------------------------- * 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 0 0 5 1 10:15 10:15 120.71 1,000 1 0 0 1,000 1 10:20 10:20 120.70 5,800 13 0 0 5,800 13 10:19 10:38 120.69 3,205 11 0 0 3,205 11 10:18 10:38 120.68 2,950 9 0 0 2,950 9 10:18 10:39 120.67 3,655 8 1,000 1 4,655 9 10:39 15:29 120.66 6,855 8 5,100 8 11,955 16 10:39 15:29 120.65 34,200 29 76,655 34 110,855 63 10:39 15:29 120.64 6,945 14 61,100 25 68,045 39 10:39 15:23 120.63 10,100 21 0 0 10,100 21 10:48 10:56 120.62 3,050 4 0 0 3,050 4 10:48 10:49 120.50 5 1 0 0 5 1 10:15 10:15 ------ ------ ----- ------- ----- ------- ----- ----- ----- TOTAL 77,770 120 143,855 68 221,625 188 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 December December January January January 28, 29, 3, 4, 8, 07 07 07 07 07 ---------- -------- -------- -------- ------- ------- Ask 34,305 36,200 150,900 50,220 12,100 Bid 51,155 51,810 49,230 20,610 28,595 ---------- -------- -------- -------- ------- ------- Difference +16,850 +15,610 -101,670 -29,610 +16,495 ---------------------------------------------------------- As it was expected by IRBIS specialists, in the daytime dollar continued trading within price range, set on morning session. After unsuccessful attempts to increase the USD exchange rate, traders tried to test levels lower than KZT120.64. Due to quite a tough smoothing of exchange rate fluctuations that attempt had even less success than the morning one. On January 9, it is unlikely that the attempts of traders to push the market in any direction succeed. Most probably, dollar will continue trading on the ace of horizontal consolidation channel, in which the market has lived since the beginning of October of passed year. [2008-01-08]