U.S. dollar market of Kazakhstan: day results

/IRBIS, Vitaliy Tomskiy, August 29 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 119.40 -0.25 119.66 +0.04 119.65 +0.05 ---------------------- ------- -------- ------- -------- ------- -------- Maximum rate 119.67 +0.02 119.72 +0.09 119.70 +0.09 Volume on max. price 300 -123,100 1,000 -49,000 500 -74,500 ---------------------- ------- -------- ------- -------- ------- -------- Minimum rate 119.40 -0.24 119.63 +0.03 119.63 +0.04 Volume on min. price 5 -47,895 100,500 -226,800 100,000 +20,500 ---------------------- ------- -------- ------- -------- ------- -------- Closing rate 119.67 +0.02 119.69 +0.08 119.70 +0.10 Weight. aver. rate 119.54 -0.11 119.65 +0.05 119.64 +0.04 Session volume (gross) 277,025 +105,725 330,100 -71,750 240,500 -351,000 Session net-turnover 269,005 +201,005 187,245 -97,555 240,500 +52,500 Number of deals 52 -36 48 -28 6 -16 Number of participants 17 -1 20 +1 8 -1 ---------------------- ------- -------- ------- -------- ------- -------- Day gross-turnover* 607,125 +33,975 240,500 -351,000 Day net-turnover* 384,440 +82,390 240,500 +52,500 ---------------------- ------- -------- ------- -------- ------- -------- Best bid** 119.66 +0.01 119.69 +0.10 119.65 +0.06 Best ask** 119.67 -0.03 119.70 +0.10 119.68 +0.08 ---------------------- ------- -------- ------- -------- ------- -------- REUTERS Bid** 119.57 -0.06 119.57 -0.02 119.56 -0.18 REUTERS Ask** 119.68 +0.02 119.61 -0.05 119.64 -0.13 ------------------------------------------------------------------------------- * 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 ------ ------- ----- ------- ----- ------- ----- ----- ----- 119.72 0 0 1,000 1 1,000 1 15:28 15:28 119.70 0 0 2,000 2 2,000 2 15:28 15:28 119.69 0 0 1,495 2 1,495 2 15:29 15:30 119.68 0 0 2,400 3 2,400 3 14:53 15:26 119.67 300 1 10,200 17 10,500 18 10:59 15:16 119.66 0 0 52,505 7 52,505 7 11:50 15:17 119.65 58,010 6 109,500 11 167,510 17 10:44 14:59 119.64 1,000 1 50,500 2 51,500 3 10:44 14:04 119.63 500 1 100,500 3 101,000 4 10:42 12:44 119.62 2,905 6 0 0 2,905 6 10:16 10:37 119.61 11,590 12 0 0 11,590 12 10:20 10:36 119.60 8,210 10 0 0 8,210 10 10:17 10:33 119.59 1,000 1 0 0 1,000 1 10:17 10:17 119.55 1,500 2 0 0 1,500 2 10:16 10:16 119.50 192,005 11 0 0 192,005 11 10:15 10:15 119.40 5 1 0 0 5 1 10:15 10:15 ------ ------- ----- ------- ----- ------- ----- ----- ----- TOTAL 277,025 52 330,100 48 607,125 100 10:15 15:30 -------------------------------------------------------------------- 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 25, 08 26, 08 27, 08 28, 08 29, 08 ---------- ------- ------- ------- ------- -------- Ask 78,900 66,600 18,435 62,650 35,185 Bid 31,400 29,800 43,710 25,800 197,310 ---------- ------- ------- ------- ------- -------- Difference -47,500 -36,800 +25,275 -36,850 +162,125 -------------------------------------------------------- Today KZT/USD continued appreciating. However, the situation on the market has changed sharply. If during previous days there was sale pressure, today majority of commercial banks operated as net-buyers, probably they are bulling the marketed within correction movement since month beginning. At the beginning of September we expect testing of price level 119.50 after which there is a possibility of correction to 120.00 on oil prices decreasing and continuing appreciating of dollar to world currencies. In the whole, results of technical analysis give the base to forecast fluctuations within horizontal corridor KZT119.00 - 120.00 per $1 next month. [2008-08-29]