U.S. dollar market of Kazakhstan: day results

/IRBIS, Vitaliy Tomskiy, June 17, 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 120.70 +0.05 120.68 -0.02 120.67 -0.04 ---------------------- ------- ------- ------- -------- ------ ------- Maximum rate 120.74 +0.03 120.70 -0.03 120.69 -0.05 Volume on max. price 8,930 +1,380 50 -12,100 1,000 -7,500 ---------------------- ------- ------- ------- -------- ------ ------- Minimum rate 120.66 +0.01 120.67 -0.03 120.67 -0.04 Volume on min. price 2,100 -4,550 84,500 +78,500 70,000 +60,000 ---------------------- ------- ------- ------- -------- ------ ------- Closing rate 120.68 -0.02 120.69 -0.04 120.69 -0.05 Weight. aver. rate 120.72 +0.03 120.67 -0.05 120.67 -0.05 Session volume (gross) 151,565 +84,165 140,665 +73,715 91,000 +71,500 Session net-turnover 127,990 +81,090 129,415 +72,560 91,000 +71,500 Number of deals 467 +26 53 -22 3 -3 Number of participants 21 +2 19 0 5 -2 ---------------------- ------- ------- ------- -------- ------ ------- Day gross-turnover* 292,230 +157,880 91,000 +71,500 Day net-turnover* 222,320 +135,435 91,000 +71,500 ---------------------- ------- ------- ------- -------- ------ ------- Best bid** 120.67 -0.02 120.68 -0.04 120.67 -0.06 Best ask** 120.69 -0.01 120.69 -0.05 120.69 -0.06 ---------------------- ------- ------- ------- -------- ------ ------- REUTERS Bid** 120.66 -0.03 120.66 -0.04 120.66 -0.04 REUTERS Ask** 120.68 -0.05 120.69 -0.03 120.70 -0.04 ---------------------------------------------------------------------------- * 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 ------ ------- ----- ------- ----- ------- ----- ----- ----- 120.74 8,930 46 0 0 8,930 46 10:24 10:28 120.73 96,500 110 0 0 96,500 110 10:17 10:28 120.72 6,500 7 0 0 6,500 7 10:19 10:31 120.71 7,200 5 0 0 7,200 5 10:32 10:33 120.70 10,400 71 50 1 10,450 72 10:15 14:59 120.69 2,200 18 12,465 16 14,665 34 10:36 15:28 120.68 15,065 187 43,650 26 58,715 213 10:38 15:12 120.67 2,670 19 84,500 10 87,170 29 10:39 14:28 120.66 2,100 4 0 0 2,100 4 10:39 10:40 ------ ------- ----- ------- ----- ------- ----- ----- ----- TOTAL 151,565 467 140,665 53 292,230 520 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 June 11, 08 June 12, 08 June 13, 08 June 16, 08 June 17, 08 ---------- ----------- ----------- ----------- ----------- ----------- Ask 40,450 45,560 56,835 18,830 55,950 Bid 97,750 39,800 76,330 57,755 37,350 ---------- ----------- ----------- ----------- ----------- ----------- Difference +57,300 -5,760 +19,495 +38,925 -18,600 --------------------------------------------------------------------------- The trade day included no significant changes in fluctuation of USD/KZT pair on domestic market. Dollar continues to be traded within 120.58 - 120.76 stable price range. The day's distinctive feature was huge bid of several commercial banks, which are likely to realize exporters` currency proceeds. However, ask was adequate, the quantity of net-buyers exceeded net-sellers in more than 3 times. As we said in morning comment to US dollar market in Kazakhstan, high prices on energy resources will contribute to appreciation of national currency in long term prospect. At the same time, we should mark that high volumes of foreign loans maturity by second tier banks, which came to August and autumn, will restrain ask on American currency on high level. This, in its turn, as position of National Bank, will retain fluctuations of USD/KZT in 120.00 - 121.00 horizontal price range in short term prospect. [2008-06-17]