Morning (main) USD trades at KASE on September 23

/IRBIS, Vitaliy Tomskiy, September 23, 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 119.45 -0.25 Maximum rate 119.75 -0.05 Volume at maximum price 1,760 +1,755 Minimum rate 119.45 -0.25 Volume at minimum price 5 -5,600 Rate of the last deal 119.73 +0.01 ---------------------------------------------------- ------- ------- Weighted average rate 119.70 -0.02 Volume of the session 170,355 +26,450 ---------------------------------------------------- ------- ------- Net-turnover 117,840 -4,460 Number of deals 139 +6 Number of participants 19 -1 Volume of unsatisfied offer* 11,800 -16,490 Volume of unsatisfied demand* 37,150 -8,850 Best demand on KASE at closing 119.72 +0.01 Best offer on KASE at closing 119.73 0 ---------------------------------------------------- ------- ------- Best demand at 11:00 out of stock exchange (REUTERS) 119.68 -0.06 Best offer at 11:00 out of stock exchange (REUTERS) 119.71 -0.06 ---------------------------------------------------------------------- *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 ------ ------- --------- ----- ----- 119.75 1,760 5 10:17 10:50 119.74 3,150 5 10:20 10:50 119.73 8,700 10 10:49 10:57 119.72 5,000 4 10:20 10:49 119.71 2,000 2 10:20 10:42 119.70 29,295 14 10:20 10:42 119.69 100,645 76 10:20 10:41 119.68 19,800 22 10:25 10:33 119.45 5 1 10:15 10:15 ------ ------- --------- ----- ----- TOTAL 170,355 139 10:15 10:57 ---------------------------------------- Results of the morning trades give grounds to suggest that correction will continue nearest days. Today the market opened on major support level 119.45, having fixed the rate at the points of the previous day, which says on an upward trend potential, which is likely to experience pressure from the beginning of the month due to flow-in of exporters` currency proceeds. On this background we may forecast further fluctuations within a lateral trend, which is admitted by results of technical analysis (a significant price corridor narrowing from below). The dollar was quoted at 119.70/119.72 at the KASE day session at 12:20 p.m.; last deal was concluded at 119.70. The dollar was quoted at 119.72/119.75 on over-the-counter. [2008-09-23]