U.S. dollar market of Kazakhstan: day results

/IRBIS, Vitaliy Tomskiy, May 29, 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 120.46 -0.11 120.49 -0.06 120.50 - ---------------------- ------- ------- ------- -------- ------- -------- Maximum rate 120.50 -0.07 120.54 -0.02 120.54 - Volume on max. price 1,900 +1,400 1,550 +400 500 +500 ---------------------- ------- ------- ------- -------- ------- -------- Minimum rate 120.43 -0.09 120.49 -0.04 120.50 - Volume on min. price 5,850 +550 50,000 +48,400 250,000 +250,000 ---------------------- ------- ------- ------- -------- ------- -------- Closing rate 120.50 -0.05 120.54 0 120.54 - Weight. aver. rate 120.47 -0.07 120.50 -0.04 120.50 - Session volume (gross) 105,550 +34,235 132,100 +111,100 250,500 +250,500 Session net-turnover 89,150 +29,490 71,650 +53,050 50,500 +50,400 Number of deals 69 -25 80 +21 5 +5 Number of participants 18 -2 22 +1 7 +3 ---------------------- ------- ------- ------- -------- ------- -------- Day gross-turnover* 237,650 +145,335 250,500 +250,500 Day net-turnover* 58,750 -18,710 250,500 +50,400 ---------------------- ------- ------- ------- -------- ------- -------- Best bid** 120.49 -0.05 120.51 -0.03 120.50 -0.04 Best ask** 120.50 -0.05 120.54 -0.01 120.55 0 ---------------------- ------- ------- ------- -------- ------- -------- REUTERS Bid** 120.48 -0.04 120.48 -0.02 120.48 -0.03 REUTERS Ask** 120.51 -0.05 120.52 -0.03 120.54 -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 ------ ------- ----- ------- ----- ------- ----- ----- ----- 120.54 0 0 1,550 5 1,550 5 15:23 15:29 120.53 0 0 1,000 3 1,000 3 15:20 15:23 120.51 0 0 6,000 5 6,000 5 12:06 14:56 120.50 1,900 9 73,550 66 75,450 75 10:53 14:48 120.49 56,650 13 50,000 1 106,650 14 10:41 11:37 120.48 4,000 4 0 0 4,000 4 10:41 10:44 120.47 1,000 1 0 0 1,000 1 10:40 10:40 120.46 5,000 5 0 0 5,000 5 10:25 10:40 120.45 9,450 12 0 0 9,450 12 10:25 10:37 120.44 21,700 16 0 0 21,700 16 10:28 10:32 120.43 5,850 9 0 0 5,850 9 10:29 10:30 ------ ------- ----- ------- ----- ------- ----- ----- ----- TOTAL 105,550 69 132,100 80 237,650 149 10:25 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 May 23, 08 May 26, 08 May 27, 08 May 28, 08 May 29, 08 ---------- ---------- ---------- ---------- ---------- ---------- Ask 25,600 27,975 19,450 24,505 35,650 Bid 37,500 28,180 57,390 15,900 54,650 ---------- ---------- ---------- ---------- ---------- ---------- Difference +11,900 +205 +37,940 -8,605 +19,000 ---------------------------------------------------------------------- According to IRBIS specialists, appreciation of national currency on the morning session happened as a result of big demand on tenge on the side of separate commercial banks. On the background of last tax payment in this month - the deadline of corporate income tax for April is tomorrow, banks are in insignificant difficulties with liquidity. "Overnight" rates also demonstrated slight increase at the end of the day, but remained on low levels (about 1%). In the afternoon, dollar played some positions, mainly on the background of damping influence of National Bank on the morning market. According to our forecast and results of technical analysis, 120.45 - 120.74 price ranges will remain acute for Friday trades also. [2008-05-29]