Morning (main) USD trades at KASE on August 25

/IRBIS, Vitaliy Tomskiy, August 25, 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 119.75 -0.17 Maximum rate 119.85 -0.07 Volume at maximum price 11,000 +9,000 Minimum rate 119.75 +0.06 Volume at minimum price 5,000 +3,000 Rate of the last deal 119.82 +0.07 ---------------------------------------------------- ------- -------- Weighted average rate 119.82 +0.07 Volume of the session 518,200 +278,600 ---------------------------------------------------- ------- -------- Net-turnover 314,350 +147,550 Number of deals 167 -14 Number of participants 20 0 Volume of unsatisfied offer* 60,200 +12,100 Volume of unsatisfied demand* 28,400 +200 Best demand on KASE at closing 119.80 +0.06 Best offer on KASE at closing 119.83 +0.08 ---------------------------------------------------- ------- -------- Best demand at 11:00 out of stock exchange (REUTERS) 119.79 +0.09 Best offer at 11:00 out of stock exchange (REUTERS) 119.82 +0.09 --------------------------------------------------------------------- * 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 ------ ------- --------- ----- ----- 119.85 11,000 8 10:28 10:33 119.84 94,200 14 10:27 10:34 119.83 99,000 25 10:20 10:39 119.82 185,150 66 10:21 10:59 119.81 24,600 12 10:25 10:57 119.80 59,500 15 10:18 10:57 119.79 13,000 7 10:23 10:49 119.78 24,750 18 10:24 10:50 119.77 2,000 1 10:25 10:25 119.75 5,000 1 10:17 10:17 ------ ------- --------- ----- ----- TOTAL 518,200 167 10:17 10:59 ------------------------------------ Today the market was oriented at American currency sale. Half of participants of the morning session operated as net-sellers of considerable volumes of USD. Taking low level rates of monetary market (overnight - 2.73 % APR) into account, we can't talk about considerable deficit of tenge liquidity. Separate commercial banks are likely to convert exporters` currency proceeds in tenge. From the viewpoint of technical analysis the trade price range is limited by 119.68 - 119.95. We expect this range to be stable during several days. The dollar was quoted at 119.79/119.82 at the KASE day session at 11:48 a.m.; last deal was concluded at 119.79. The dollar was quoted at 119.78/119.81 on over-the-counter. [2008-08-25]