Morning (main) USD trades at KASE on September 2

/IRBIS, Vitaliy Tomskiy, September 2, 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 119.90 +0.50 Maximum rate 119.90 +0.23 Volume at maximum price 5 -295 Minimum rate 119.59 +0.19 Volume at minimum price 5 0 Rate of the last deal 119.65 -0.02 ---------------------------------------------------- ------- -------- Weighted average rate 119.65 +0.11 Volume of the session 437,415 +160,390 ---------------------------------------------------- ------- -------- Net-turnover 371,500 +102,495 Number of deals 149 +97 Number of participants 19 +2 Volume of unsatisfied offer* 20,000 -10,700 Volume of unsatisfied demand* 125,595 -55,220 Best demand on KASE at closing 119.64 -0.02 Best offer on KASE at closing 119.65 -0.02 ---------------------------------------------------- ------- -------- Best demand at 11:00 out of stock exchange (REUTERS) 119.66 +0.09 Best offer at 11:00 out of stock exchange (REUTERS) 119.69 +0.01 --------------------------------------------------------------------- * 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 ------ ------- --------- ----- ----- 119.90 5 1 10:15 10:15 119.69 13,100 11 10:25 10:33 119.68 24,900 18 10:24 10:59 119.67 27,300 16 10:22 10:59 119.66 33,500 15 10:20 10:59 119.65 333,600 82 10:16 11:00 119.64 5,005 5 10:19 10:19 119.59 5 1 10:15 10:15 ------ ------- --------- ----- ----- TOTAL 437,415 149 10:15 11:00 ------------------------------------ Today demand on American currency remained insignificant. Judging by disposition of trades` participants during KASE main session, majority of commercial banks had interest in USD purchasing. Continuing appreciating of USD/EUR rate and the end of August tax payments in Kazakhstan are likely to affect the moods of participants in dollar's favor. However, KZT/USD rate remained within 119.50 price range, owing to the support of regulating factor. We expect continuation of upward correction after significant appreciating of KZT/USD at the end of August. At that, by results of technical analysis, resistance border is KZT120 per dollar. The dollar was quoted at 119.66/119.68 at the KASE day session at 11:58 p.m.; last deal was concluded at 119.66. The dollar was quoted at 119.66/119.69 on over-the-counter. [2008-09-02]