U.S. dollar market of Kazakhstan: day results

/IRBIS, Vitaliy Tomskiy, June 30 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 120.77 +0.02 120.77 +0.03 120.76 +0.01 ---------------------- ------- -------- ------- -------- ------- ------- Maximum rate 120.78 +0.03 120.77 0 120.76 0 Volume on max. price 850 -58,550 1,700 +100 500 -5,000 ---------------------- ------- -------- ------- -------- ------- ------- Minimum rate 120.75 +0.01 120.73 -0.01 120.72 -0.02 Volume on min. price 144,500 +127,500 20,400 -1,835 50,500 +20,500 ---------------------- ------- -------- ------- -------- ------- ------- Closing rate 120.78 +0.04 120.75 -0.02 120.74 -0.02 Weight. aver. rate 120.75 0 120.74 -0.01 120.73 -0.02 Session volume (gross) 162,750 +86,350 123,700 +44,465 112,500 -29,000 Session net-turnover 39,100 +8,250 55,900 -22,210 82,500 -59,000 Number of deals 77 -18 57 -19 10 +3 Number of participants 21 +4 19 -1 7 -3 ---------------------- ------- -------- ------- -------- ------- ------- Day gross-turnover* 286,450 +130,815 112,500 -29,000 Day net-turnover* 78,800 -23,460 112,500 -59,000 ---------------------- ------- -------- ------- -------- ------- ------- Best bid** 120.76 +0.03 120.73 -0.05 120.72 -0.01 Best ask** 120.78 +0.04 120.75 -0.05 120.74 - ---------------------- ------- -------- ------- -------- ------- ------- REUTERS Bid** 120.73 0 120.72 -0.02 120.70 +0.01 REUTERS Ask** 120.76 +0.01 120.75 -0.01 120.74 0 ------------------------------------------------------------------------------ * 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 ------ ------- ----- ------- ----- ------- ----- ----- ----- 120.78 850 3 0 0 850 3 10:57 10:59 120.77 14,200 22 1,700 3 15,900 25 10:20 14:15 120.76 3,200 3 900 2 4,100 5 10:27 14:15 120.75 144,500 49 65,300 11 209,800 60 10:27 15:29 120.74 0 0 35,400 9 35,400 9 14:15 15:06 120.73 0 0 20,400 32 20,400 32 14:16 15:24 ------ ------- ----- ------- ----- ------- ----- ----- ----- TOTAL 162,750 77 123,700 57 286,450 134 10:20 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 June 24, 08 June 25, 08 June 26, 08 June 27, 08 June 30, 08 ---------- ----------- ----------- ----------- ----------- ----------- Ask 19,500 81,580 34,850 25,050 13,450 Bid 82,245 102,100 30,985 26,700 63,900 ---------- ----------- ----------- ----------- ----------- ----------- Difference +62,745 +20,520 -3,865 +1,650 +50,450 --------------------------------------------------------------------------- The day session didn't make significant influence on US dollar rate movement on internal market. SLB majority continued to perform mostly as net-buyers of dollars; however, damping position of head bank and huge volume of bid of one of commercials banks retained price limits of that of morning session. Today national Bank published final statistic data on Kazakhstan payment balance for Q1 of 2008. Data are significantly differ from that of preliminary, presented at the beginning of April. Surplus of the current account made about $3.9 bn., when according to account on capital and finance operations the deficit in amount of $2 bn. was fixed. Mentioned data testify that main capital flow in country is happening on commodity export line at the background of huge price growth on energy resources and also because of import decreasing. At the same time, deficit of capital and finance operations arouse alertness. In case of continual prices correction on oil (the main export potential of the country) downward pressure on national currency tenge will rise considerably. The current prices rally on black gold, many experts connect with influence of speculative capital, which left financial sector of little attractiveness at the background of crisis. [2008-06-30]