Morning (main) USD trades at KASE on August 13

/IRBIS, Vitaliy Tomskiy, August 13, 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 120.11 -0.06 Maximum rate 120.11 -0.08 Volume at maximum price 200 -4,835 Minimum rate 120.02 -0.14 Volume at minimum price 2,115 +115 Rate of the last deal 120.05 -0.12 ---------------------------------------------------- ------- ------- Weighted average rate 120.05 -0.12 Volume of the session 141,650 -2,255 ---------------------------------------------------- ------- ------- Net-turnover 80,390 -20,160 Number of deals 959 +284 Number of participants 20 +2 Volume of unsatisfied offer* 19,600 -4,185 Volume of unsatisfied demand* 11,560 -34,490 Best demand on KASE at closing 120.05 -0.12 Best offer on KASE at closing 120.06 -0.12 ---------------------------------------------------- ------- ------- Best demand at 11:00 out of stock exchange (REUTERS) 120.03 -0.11 Best offer at 11:00 out of stock exchange (REUTERS) 120.07 -0.11 -------------------------------------------------------------------- * 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 ------ ------- --------- ----- ----- 120.11 200 2 10:19 10:19 120.10 2,200 3 10:19 10:19 120.08 1,000 1 10:20 10:20 120.07 13,000 5 10:20 10:23 120.06 17,700 16 10:23 10:25 120.05 28,810 115 10:26 10:59 120.04 63,960 658 10:30 10:58 120.03 12,665 146 10:30 10:48 120.02 2,115 13 10:32 10:33 ------ ------- --------- ----- ----- TOTAL 141,650 959 10:19 10:59 ------------------------------------ Despite analysts` expectations, today USD/KZT rate sharply decreased to the minimal value and to the main support level 120.05. Regulating factor was likely to provide the main support to tenge. However, several commercial banks with huge volumes of dollars operated as net-sellers. Traders were likely to use yesterday's USD appreciation to fix earning. News from external markets shows possible consolidation and even rebounded dollar after last Thursday's rally. USA macroeconomic background is still negative. At that, JPMorgan Chase & Co announcement on $1.5 bn. of losses turned out an additional negative factor for American currency. The dollar was quoted at 120.05/08 at the KASE day session at 11:54 a.m.; last deal was concluded at 120.08. The dollar was quoted at 120.04/11 on over-the-counter. [2008-08-13]