Morning (main) USD trades at KASE on May 23

/IRBIS, Natalya Vagina, Ruslan Dzubaylo, May 23, 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 120.60 +0.05 Maximum rate 120.64 +0.03 Volume at maximum price 500 +495 Minimum rate 120.57 +0.07 Volume at minimum price 4100 +3,250 Rate of the last deal 120.57 -0.02 ---------------------------------------------------- ------ -------- Weighted average rate 120.59 +0.01 Volume of the session 42,100 -182,840 ---------------------------------------------------- ------ -------- Net-turnover 37,700 -64,235 Number of deals 47 +7 Number of participants 16 -2 Volume of unsatisfied offer* 15,600 +4,650 Volume of unsatisfied demand* 21,200 -48,500 Best demand on KASE at closing 120.56 -0.02 Best offer on KASE at closing 120.57 -0.03 ---------------------------------------------------- ------ -------- Best demand at 11:00 out of stock exchange (REUTERS) 120.55 -0.03 Best offer at 11:00 out of stock exchange (REUTERS) 120.57 -0.04 -------------------------------------------------------------------- * 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 ------ ------- --------- ----- ----- 120.64 500 1 10:32 10:32 120.62 2,200 3 10:29 10:33 120.61 1,000 1 10:33 10:33 120.60 10,900 8 10:24 10:35 120.59 1,050 3 10:35 10:35 120.58 22,350 24 10:36 10:52 120.57 4,100 7 10:54 10:59 ------ ------- --------- ----- ----- TOTAL 42,100 47 10:24 10:59 ------------------------------------ The morning session passed rather calmly. Currency supply monopolized by one of commercial banks was restrained by rather objective demand of com- banks. Recently published data on payment balance of the Republic provide no grounds for traders to hope the currency will appreciate in the nearest future. Raised oil prices lead the balance of the current account of payment balance to a positive area. That's why, IRBIS analysts forecast a weak appreciation of the national currency in a mid term perspective. We should expect no surprises from the day session. Players will continue dull trades in a narrow price range of the morning session. The dollar was quoted at 120.57/58 at the KASE day session at 12:43 p.m.; the last deal was concluded at 120.58. The dollar was quoted at 120.55/61 on over the counter. [2008-05-23]