U.S. dollar market of Kazakhstan: day results

/IRBIS, Vitaliy Tomskiy, April 1, 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 ALT 11:30-15:30 ALT 14:00-17:00 ALT --------------- ----------------- ----------------- ------ ------- ------- -------- ------- -------- Indicator value trend value trend value trend ---------------------- ------ ------- ------- -------- ------- -------- Opening rate 120.85 +0.05 120.61 -0.09 120.60 -0.07 ---------------------- ------ ------- ------- -------- ------- -------- Maximum rate 120.85 +0.05 120.63 -0.07 120.66 -0.03 Volume on max. price 5 0 6 100 +5 600 2 000 -4 000 ---------------------- ------ ------- ------- -------- ------- -------- Minimum rate 120.45 +0.05 120.57 -0.09 120.50 -0.16 Volume on min. price 5 0 600 -7 800 39 500 +38 500 ---------------------- ------ ------- ------- -------- ------- -------- Closing rate 120.60 -0.09 120.61 -0.07 120.66 -0.03 Weight. aver. rate 120.60 -0.09 120.61 -0.07 120.57 -0.11 Session volume (gross) 80 710 -55 950 151 550 +112 520 128 000 +108 700 Session net-turnover 50 100 -54 300 145 450 +110 850 49 000 +30 700 Number of deals 116 -8 48 -14 5 -15 Number of participants 19 +3 19 -1 9 0 ---------------------- ------ ------- ------- -------- ------- -------- Day gross-turnover* 232 260 +56 570 128 000 +108 700 Day net-turnover* 186 950 +61 845 128 000 +30 700 ---------------------- ------ ------- ------- -------- ------- -------- Best bid** 120.59 -0.10 120.61 -0.06 120.62 -0.05 Best ask** 120.60 -0.10 120.65 -0.04 120.65 - ---------------------- ------ ------- ------- -------- ------- -------- REUTERS Bid** 120.58 -0.10 120.58 -0.08 120.65 0 REUTERS Ask** 120.61 -0.10 120.63 -0.08 120.68 -0.01 ----------------------------------------------------------------------------- * 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 RESULTS OF DAY: Morning Day ---------------------------- session: session: time (ALT): Price ------------- -------------- ------------ level volume deals volume deals volume deals from to ------ ------ ----- - ------- ----- ------- ----- ----- ----- 5 1 120.85 ------ ----- 0 0 5 1 10:15 10:15 100 1 120.66 ------ ----- 0 0 100 1 10:18 10:18 120.65 2,000 7 0 0 2,000 7 10:16 10:23 120.64 12,200 25 0 0 12,200 25 10:19 10:27 120.63 5,600 10 6,100 3 11,700 13 10:20 15:28 120.62 1,200 3 1,100 5 2,300 8 10:30 15:28 120.61 3,800 9 83,700 9 87,500 18 10:30 15:28 120.60 22,600 29 56,850 20 79,450 49 10:33 15:19 120.59 10,800 13 1,000 2 11,800 15 10:37 12:39 120.58 22,400 17 2,200 7 24,600 24 10:43 12:31 120.57 0 0 600 2 600 2 12:22 12:22 120.45 5 1 0 0 5 1 10:15 10:15 ------ ------ ----- - ------- ----- ------- ----- ----- ----- TOTAL 80,710 116 , 151,550 48 232,260 164 10:15 15:28 --------------------- - -------------------------------------------- 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 March 26, 08 March 27, 08 March 28, 08 March 31, 08 March 1, 08 ---------- ------------ ------------ ------------ ------------ ----------- Ask 24,900 14,555 24,850 27,680 35,700 Bid 48,300 15,720 11,805 25,895 34,700 ---------- ------------ ------------ ------------ ------------ ----------- Difference +23,400 +1,165 -13,045 -1,785 -1,000 ------------------------------------------------------------------------------- The day market was practically the same as morning session in terms of price. The rate of American currency on home market continues to live in the horizontal consolidation channel, not without the help of the National Bank. Some fluctuations we consider as reaction to EUR/US fluctuations in the light of the latest statements on macroeconomic situation in USA. Along with this, initiation on the market again was taken by "bears", who actively enough speculate on rate decreasing, about what acute the increase in volume of trades with instruments by forward settlements. By the forecast of IRBIS specialists, we shouldn't expect serious ''pressure" of American rate of exchange. From the point of view of technical analysis, the limit of support for dollar is formed near KZT120.40, below which the rate won't fall in the nearest days. [2008-04-01]