Morning (main) USD trades at KASE on June 24

/IRBIS, Vitaliy Tomskiy, June 24, 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 120.73 0 Maximum rate 120.79 +0.06 Volume at maximum price 10000 -8,100 Minimum rate 120.73 +0.02 Volume at minimum price 1500 -5,700 Rate of the last deal 120.77 +0.04 ---------------------------------------------------- ------ ------- Weighted average rate 120.77 +0.05 Volume of the session 96,480 +53,835 ---------------------------------------------------- ------ ------- Net-turnover 74,380 +50,435 Number of deals 60 -147 Number of participants 19 0 Volume of unsatisfied offer* 18,000 -2,500 Volume of unsatisfied demand* 66,700 +13,945 Best demand on KASE at closing 120.77 +0.05 Best offer on KASE at closing 120.80 +0.06 ---------------------------------------------------- ------ ------- Best demand at 11:00 out of stock exchange (REUTERS) 120.73 +0.05 Best offer at 11:00 out of stock exchange (REUTERS) 120.75 +0.02 --------------------------------------------------------------------- *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 ------ ------- --------- ----- ----- 120.79 10,000 17 10:50 10:59 120.78 55,180 8 10:42 10:59 120.77 3,000 5 10:41 10:59 120.76 7,500 12 10:32 10:39 120.75 12,400 9 10:28 10:39 120.74 6,900 7 10:21 10:26 120.73 1,500 2 10:18 10:22 ------ ------- --------- ----- ----- TOTAL 96,480 60 10:18 10:59 ---------------------------------------- Today USD/KZT rate continued gradual surge on the background of low active market and monopolized ask on USD on the side of one of commercial banks. USD/EUR performance is very important for the local market. Dollar is growing on expectations of increase of key rate on credits, while euro is being restrained both by the fall of business activity in Euro Union countries (indicator of business confidence in Germany reached its minimum since 2005) and high inflation. From the viewpoint of technical analysis, dollar rate came closer to psychologically main resistance level at 120.80, which is possible to be tested on a day market. The dollar was quoted at 120.77/78 at the KASE day session at 12:21 p.m.; the last deal was concluded at 120.78. The dollar was quoted at 120.75/80 on over-the-counter. [2008-06-24]