U.S. dollar market of Kazakhstan: day results

/IRBIS, Vitaliy Tomskiy, August 20 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 120.02 -0.07 119.98 -0.08 120.00 -0.06 ---------------------- ------- -------- ------- -------- ------- ------- Maximum rate 120.02 -0.10 120.04 -0.02 120.11 +0.04 Volume on max. price 1,500 +500 25,100 -14,900 25,000 +24,000 ---------------------- ------- -------- ------- -------- ------- ------- Minimum rate 120.00 -0.05 119.98 -0.05 120.00 -0.04 Volume on min. price 306,150 +305,650 500 -2,800 46,500 +4,500 ---------------------- ------- -------- ------- -------- ------- ------- Closing rate 120.00 -0.06 120.04 -0.01 120.03 -0.04 Weight. aver. rate 120.00 -0.10 120.01 -0.04 120.03 -0.02 Session volume (gross) 316,650 +69,200 150,350 +57,900 122,500 +9,500 Session net-turnover 189,350 +11,270 129,200 +40,250 72,000 -9,000 Number of deals 120 -35 30 -87 7 -3 Number of participants 19 +1 18 +3 9 +4 ---------------------- ------- -------- ------- -------- ------- ------- Day gross-turnover* 467,000 +127,100 122,500 +9,500 Day net-turnover* 248,350 +66,000 122,500 -9,000 ---------------------- ------- -------- ------- -------- ------- ------- Best bid** 120.00 -0.05 120.02 -0.02 120.02 -0.03 Best ask** 120.01 -0.06 120.04 -0.01 120.05 -0.02 ---------------------- ------- -------- ------- -------- ------- ------- REUTERS Bid** 120.02 -0.03 120.01 -0.03 120.02 -0.03 REUTERS Ask** 120.05 -0.04 120.07 0 120.07 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 ------ ------- ----- ------ ------- ------ ------- ----- ----- 120.04 0 0 25,100 2 25,100 2 15:08 120.03 0 0 9,450 3 9,450 3 15:19 120.02 1,500 2 32,800 4 34,300 6 10:17 120.01 9,000 4 26,000 8 35,000 12 10:17 120.00 306,150 114 53,500 8 359,650 122 10:17 119.99 0 0 3,000 3 3,000 3 11:50 119.98 0 0 500 2 500 2 11:49 ------ ------- ----- ------ ------- ------ ------- ----- ----- TOTAL 316,650 120 , 150,350 30 467,000 150 10:17 -------------------------------------------------------------- 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 August August August August August 14, 08 15, 08 18, 08 19, 08 20, 08 ---------- -------- ------- ------- ------- ------- Ask 18,300 20,000 32,375 60,550 78,400 Bid 196,970 45,100 9,350 12,600 39,600 ---------- -------- ------- ------- ------- ------- Difference +178,670 +25,100 -23,025 -47,950 -38,800 --------------------------------------------------- As we supposed on a day session price range of trade shifted lower that KZT120.00 per $1. However, confident damping position of regulating factor as well as the purchases of American currency of one of commercial banks restrained significant appreciation of KZT/USD. The negative background for USD rate on internal market on this week is the necessity of regular mandatory payments in budget; unfavorable macroeconomic data of USA supported downward dynamic of American currency on the world market. In the whole, with finishing tax payments we may expect insignificant USD/KZT upward correction till 120.20. [2008-08-20]