U.S. dollar market of Kazakhstan: day results

/IRBIS, Vitaliy Tomskiy, July 11 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 120.20 -0.05 120.24 +0.03 120.25 +0.03 ---------------------- ------- -------- ------- ------- ------- ------- Maximum rate 120.26 +0.01 120.26 +0.02 120.25 +0.02 Volume on max. price 1,000 -1,100 2,560 +2,060 12,800 +6,300 ---------------------- ------- -------- ------- ------- ------- ------- Minimum rate 120.20 +0.01 120.22 +0.01 120.24 +0.04 Volume on min. price 203,200 +193,300 200 -3,500 5,000 +2,700 ---------------------- ------- -------- ------- ------- ------- ------- Closing rate 120.24 +0.04 120.25 +0.04 120.25 +0.04 Weight. aver. rate 120.21 +0.01 120.24 +0.01 120.25 +0.03 Session volume (gross) 264,705 +2,920 111,130 +330 17,800 -47,000 Session net-turnover 206,200 -7,165 68,460 -33,500 16,600 -47,200 Number of deals 116 -232 193 +77 465 +255 Number of participants 18 -2 19 -1 9 -1 ---------------------- ------- -------- ------- ------- ------- ------- Day gross-turnover* 375,835 +3,250 17,800 -47,000 Day net-turnover* 239,000 -14,965 17,800 -47,200 ---------------------- ------- -------- ------- ------- ------- ------- Best bid** 120.23 +0.03 120.24 +0.04 120.24 +0.04 Best ask** 120.25 +0.05 120.25 +0.03 120.26 +0.05 ---------------------- ------- -------- ------- ------- ------- ------- REUTERS Bid** 120.22 +0.03 120.24 +0.03 120.21 +0.01 REUTERS Ask** 120.25 +0.03 120.27 +0.04 120.25 +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 ------ ------- ----- - ------- ----- ------- ----- ----- ----- 120.26 1,000 1 2,560 5 3,560 6 10:24 14:28 120.25 3,505 67 6,370 21 9,875 88 10:30 15:29 120.24 54,000 9 62,000 165 116,000 174 10:46 15:21 120.23 1,000 1 40,000 1 41,000 2 10:22 11:56 120.22 1,000 1 200 1 1,200 2 10:21 12:07 120.21 1,000 1 0 0 1,000 1 10:21 10:21 120.20 203,200 36 0 0 203,200 36 10:16 10:19 ------ ------- ----- - ------- ----- ------- ----- ----- ----- TOTAL 264,705 116 111,130 193 375,835 309 10:16 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 July 4, 08 July 8, 08 July 9, 08 July 10, 08 July 11, 08 ---------- ---------- ---------- ---------- ----------- ----------- Ask 12,900 30,600 9,500 34,690 26,590 Bid 52,645 37,400 78,565 23,015 148,755 ---------- ---------- ---------- ---------- ----------- ----------- Difference +39,745 +6,800 +69,065 -11,675 +122,165 ------------------------------------------------------------------- During trade there was demonstrated gradual appreciating of USD/KZT. This movement is likely to be considered as the beginning of insignificant correction upward trend, after 2 weeks of decreasing, aroused by regulating influence and considerably flow-in of dollar on domestic market from KazMunaiGas`s borrowed loan. At the same time, next week is a tax one in Kazakhstan. Payments in budget for June and 2nd quarter are expected. Notwithstanding that we estimate the level of tenge liquidity as favor, there is a possibility of separate commercial banks entering the market with huge dollar supply. [2008-07-11]