U.S. dollar market of Kazakhstan: day results

/IRBIS, Vitaliy Tomskiy, Andrey Tsalyuk, January 22, 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 +0.55 , 120.38 Х , 120.42 -0.11 ---------------------- ------- -------- - ------- ----- - ------ ------- Maximum rate 121.00 +0.47 120.43 Х 120.43 -0.12 Volume on max. price 5 -6,995 , 500 Х , 2,000 +1,500 ---------------------- ------- -------- - ------- ----- - ------ ------- Minimum rate 120.25 -0.20 120.38 Х 120.42 -0.06 Volume on min. price 5 -1,095 , 1,000 Х , 1,000 -6,100 ---------------------- ------- -------- - ------- ----- - ------ ------- Closing rate 120.36 -0.16 120.41 Х 120.43 -0.05 Weight. aver. rate 120.36 -0.14 120.39 Х 120.43 -0.07 Session volume (gross) 318,185 +274,485 43,600 Х 3,000 -52,165 Session net-turnover 226,670 +194,170 39,800 Х 3,000 -40,365 Number of deals 232 +192 40 Х 3 -73 Number of participants 17 +3 , 17 Х , 5 -12 ---------------------- ------- -------- - ------- ----- - ------ ------- Day gross-turnover* 361,785 Х 3,000 -52,165 Day net-turnover* 229,320 Х 3,000 -40,365 ---------------------- ------- -------- - ------- ----- - ------ ------- Best bid** 120.36 -0.15 , 120.40 Х , 120.42 -0.06 Best ask** 120.37 -0.16 , 120.41 Х , 120.44 -0.06 ---------------------- ------- -------- - ------- ----- - ------ ------- REUTERS Bid** 120.39 -0.12 120.43 -0.13 120.42 -0.08 REUTERS Ask** 120.44 -0.12 , 120.47 -0.12 , 120.47 -0.13 ----------------------------------------- - -------------- - --------------- * 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 10:15 120.45 5 1 0 0 5 1 10:16 10:16 120.43 0 0 500 1 500 1 14:02 14:02 120.42 0 0 2000 4 2,000 4 12:23 14:18 120.41 0 0 800 2 800 2 15:29 15:30 120.40 20,705 37 12,300 26 33,005 63 10:15 15:24 120.39 3,000 2 27,000 5 30,000 7 10:23 15:12 120.38 1,000 1 1,000 2 2,000 3 10:24 15:08 120.37 8,450 12 0 0 8,450 12 10:25 10:59 120.36 282,580 172 0 0 282,580 172 10:25 10:59 120.35 2,435 5 0 0 2,435 5 10:25 10:28 120.25 5 1 0 0 5 1 10:17 10:17 ------ ------- ----- ------ ----- ------- ----- ----- ----- TOTAL 318,185 232 43,600 40 361,785 272 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 January January January January January 16, 17, 18, 21, 22, 08 08 08 08 08 ---------- ------- ------- ------- ------- ------- Ask 33,405 25,105 33,100 36,125 58,250 Bid 12,955 36,900 16,165 34,100 12,000 ---------- ------- ------- ------- ------- ------- Difference -20,450 +11,795 -16,935 -2,025 -46,250 ------------------------------------------------------- Today, the market was characterized by a gradual tenge appreciation to U.S. dollar. In the IRBIS analysts' opinion, the main reason for that is the current second "tax week" of January. The banks experience short-term difficulties with tenge liquidity. It is visible very clearly when looking at the rates on money market. The situation in the world where after another portion of negative news stock exchange indices keep rapidly falling straight the second day still has some influence on the local market. Tomorrow, most probably, it is not worth expecting sharp exchange rate fluctuations. The analysis of banks' disposition on KASE speaks for that by the lack of any clear numerical orientation towards any side. [2008-01-22]