U.S. dollar market of Kazakhstan: day results

/IRBIS, Vitaliy Tomskiy, March 4, 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 120.60 +0.20 120.77 +0.14 120.74 +0.10 ---------------------- ------- -------- ------- -------- ------ ------- Maximum rate 120.80 -0.05 120.78 +0.01 120.79 +0.14 Volume on max. price 7,905 +7,900 350 +150 3,300 +2,300 ---------------------- ------- -------- ------- -------- ------ ------- Minimum rate 120.60 +0.20 120.70 +0.10 120.74 +0.10 Volume on min. price 5 0 1,000 +300 10,000 +9,000 ---------------------- ------- -------- ------- -------- ------ ------- Closing rate 120.78 +0.11 120.78 +0.05 120.79 +0.14 Weight. aver. rate 120.77 +0.09 120.75 +0.10 120.75 +0.10 Session volume (gross) 298,650 +232,095 61,800 +22,450 25,600 +23,600 Session net-turnover 198,990 +145,045 36,160 +5,810 21,300 +19,300 Number of deals 164 +77 39 -5 8 +6 Number of participants 18 0 16 -5 7 +2 ---------------------- ------- -------- ------- -------- ------ ------- Day gross-turnover* 360,450 +254,545 25,600 +23,600 Day net-turnover* 202,490 +137,845 25,600 +19,300 ---------------------- ------- -------- ------- -------- ------ ------- Best bid** 120.78 +0.12 120.76 +0.06 120.78 +0.12 Best ask** 120.79 +0.12 120.78 +0.05 120.80 +0.06 ---------------------- ------- -------- ------- -------- ------ ------- REUTERS Bid** 120.77 +0.12 120.65 -0.03 120.76 +0.06 REUTERS Ask** 120.80 +0.10 120.75 +0.04 120.81 +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 ------ ------- ----- ------ ----- ------- ----- ----- ----- 120.80 7,905 9 0 0 7,905 9 10:15 10:23 120.79 6,000 2 0 0 6,000 2 10:24 10:45 120.78 27,000 21 350 2 27,350 23 10:21 15:29 120.77 216,800 89 6800 9 223,600 98 10:18 15:23 120.76 13,150 10 13,700 7 26,850 17 10:18 15:23 120.75 23,400 28 17,100 16 40,500 44 10:17 14:55 120.74 0 0 22,000 3 22,000 3 11:55 14:11 120.73 0 0 850 1 850 1 13:34 13:34 120.70 3,295 3 1,000 1 4,295 4 10:15 11:54 120.69 1,095 1 0 0 1,095 1 10:15 10:15 120.60 5 1 0 0 5 1 10:15 10:15 ------ ------- ----- ------ ----- ------- ----- ----- ----- TOTAL 298,650 164 61,800 39 360,450 203 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 February February February March March 27, 28, 29, 3, 4, 08 08 08 08 08 ---------- -------- -------- -------- ------- ------- Ask 20,200 23,350 29,100 29,750 36,150 Bid 26,700 27,295 47,150 19,000 60,100 ---------- -------- -------- -------- ------- ------- Difference +6,500 +3,945 +18,050 -10,750 +23,950 ---------------------------------------------------------- During the day session, the influence of head bank of the country decreased significantly. As it was forecasted by IRBIS specialists, fluctuations of the exchange rate turned to be insignificant and did not exceed the boundaries of the main session. Together with that, market expressed an aspiration to the strengthening of the American currency. Data from the third table speak for that. Also, an increase in the activity of trades in USD_TOM and USD_SPT instruments can be noted, which is usually observed in the period of growing trend but carries a speculative notion in most of cases. At the same time, banks' disposition on KASE looked balanced in numerical terms by the results of the day. By the results of morning session, we marked two main reasons, for which recently the country's head bank was actively participating on the stock exchange. By the time when this comment was written, data on the gold and exchange currency reserves of the National bank as of the end of February 2008 appeared; they increased by about $383 m. over a half of the month. [2008-03-04]