Morning (main) USD trades at KASE on May 21

/IRBIS, Vitaliy Tomskiy, May 21, 08/ - Regular morning USD TOD trades were held on Kazakhstan Stock Exchange (KASE). The main parameters of the trade and the comparison with corresponding indicators of the previous morning session are given below. Table of trade results (tenge per dollar. th. dollars) -------------------------------------------------------------------- Indicator Value Trend ---------------------------------------------------- ------- ------- Rate of the first deal 120.62 -0.03 Maximum rate 120.65 -0.02 Volume at maximum price 9000 +1,000 Minimum rate 120.57 -0.03 Volume at minimum price 49650 -44,200 Rate of the last deal 120.57 -0.04 ---------------------------------------------------- ------- ------- Weighted average rate 120.59 -0.02 Volume of the session 152,200 -28,450 ---------------------------------------------------- ------- ------- Net-turnover 143,100 +52,050 Number of deals 98 -19 Number of participants 20 0 Volume of unsatisfied offer* 6,330 -97,490 Volume of unsatisfied demand* 18,000 -6,275 Best demand on KASE at closing 120.56 -0.04 Best offer on KASE at closing 120.59 -0.02 ---------------------------------------------------- ------- ------- Best demand at 11:00 out of stock exchange (REUTERS) 120.59 +0.01 Best offer at 11:00 out of stock exchange (REUTERS) 120.63 +0.01 -------------------------------------------------------------------- * Volume of corresponding active bids of STB in the trade system at closing of the trade Table of trade price levels ------------------------------------ Time.(ALT) Price Volume. Number of ----------- level th. USD deals from to ------ ------- --------- ----- ----- 120.65 9,000 8 10:19 10:24 120.64 5,000 4 10:22 10:24 120.63 6,100 7 10:25 10:27 120.62 9,100 12 10:16 10:35 120.61 7,200 8 10:29 10:36 120.60 25,250 21 10:16 10:36 120.59 5,900 11 10:39 10:55 120.58 35,000 12 10:44 10:57 120.57 49,650 15 10:47 10:59 ------ ------- --------- ----- ----- TOTAL 152,200 98 10:16 10:59 ------------------------------------ World markets state US dollar slump relative to main world currencies. The growth of oil prices (new record - $129 per barrel with $150 forecast this year) and tough policy of ECB relative to inflation in Eurozone keep on exerting pressure on the American currency. In our opinion it influenced on domestic market moods. Despite of commercial banks demand increasing, registered during the main KASE session, IRBIS specialists expect the national currency to gradually appreciate till the end of the week. At that, the level of technical support for the American currency is forming at around a 120.45 point. Till the end of the trade day we forecast trades on low price levels of the morning range of trades. The dollar was quoted at 120.56/59 at the KASE day session at 12:18 p.m.; the last deal was concluded at 120.57. The dollar was quoted at 120.56/59 on over the counter. [2008-05-21]