Morning (main) USD trades at KASE on August 20

/IRBIS, Vitaliy Tomskiy, August 20, 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 120.02 -0.07 Maximum rate 120.02 -0.10 Volume at maximum price 1,500 +500 Minimum rate 120.00 -0.05 Volume at minimum price 306,150 +305,650 Rate of the last deal 120.00 -0.06 ---------------------------------------------------- ------- -------- Weighted average rate 120.00 -0.10 Volume of the session 316,650 +69,200 ---------------------------------------------------- ------- -------- Net-turnover 189,350 +11,270 Number of deals 120 -35 Number of participants 19 +1 Volume of unsatisfied offer* 51,000 +14,300 Volume of unsatisfied demand* 26,300 +16,300 Best demand on KASE at closing 120.00 -0.05 Best offer on KASE at closing 120.01 -0.06 ---------------------------------------------------- ------- -------- Best demand at 11:00 out of stock exchange (REUTERS) 120.02 -0.03 Best offer at 11:00 out of stock exchange (REUTERS) 120.05 -0.04 --------------------------------------------------------------------- * 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 ------ ------- --------- ----- ----- 120.02 1,500 2 10:17 10:18 120.01 9,000 4 10:17 10:18 120.00 306,150 114 10:17 10:59 ------ ------- --------- ----- ----- TOTAL 316,650 120 10:17 10:59 ------------------------------------ Budget tax payments on the current week continue to downgrade USD/KZT rate. American currency has continued to be massively sold today, likely by separate commercial banks having problems with tenge liquidity. KZT/USD appreciated by 10 tyin and fixed at major technical support level of KZT120.00 per $1. We expect rate to slide down to 119.95 on a day session. The dollar was quoted at 119.99/120.01 at the KASE day session at 12:58 p.m.; last deal was concluded at 120.00. The dollar was quoted at 119.98/120.02 on over-the-counter. [2008-08-20]