Morning (main) USD trades at KASE on October 13

/IRBIS, Vitaliy Tomskiy, October 13, 08/ - Regular morning USD trades were held on Kazakhstan Stock Exchange (KASE) on TOM terms due to the holiday in the USA. The main parameters of the trade and the comparison with corresponding indicators of the previous morning session, on USD TOD terms are given below. Table of trade results (tenge per dollar. th. dollars) -------------------------------------------------------------------- Indicator Value Trend ---------------------------------------------------- ------- ------- Rate of the first deal 119.87 +0.02 Maximum rate 119.87 -0.05 Volume at maximum price 1,000 -1,010 Minimum rate 119.85 +0.03 Volume at minimum price 164,550 +25,440 Rate of the last deal 119.85 -0.06 ---------------------------------------------------- ------- ------- Weighted average rate 119.85 0 Volume of the session 202,200 -70,175 ---------------------------------------------------- ------- ------- Net-turnover 158,000 -33,675 Number of deals 127 -176 Number of participants 16 -3 Volume of unsatisfied offer* 21,000 +14,065 Volume of unsatisfied demand* 56,150 +7,870 Best demand on KASE at closing 119.85 -0.05 Best offer on KASE at closing 119.86 -0.05 ---------------------------------------------------- ------- ------- Best demand at 11:00 out of stock exchange (REUTERS) 119.84 -0.09 Best offer at 11:00 out of stock exchange (REUTERS) 119.87 -0.11 -------------------------------------------------------------------- * 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 ------ ------- --------- ----- ----- 119.87 1,000 1 10:17 10:17 119.86 36,650 19 10:17 10:45 119.85 164,550 107 10:17 10:59 ------ ------- --------- ----- ----- TOTAL 202,200 127 10:17 10:59 ------------------------------------ Today almost all commercial banks operated as net buyers of American currency. At that, USD/KZT rate remained unchanged mostly due to a regulation factor damping position. Dollar appreciation continued on the world market on growing liquidity crisis and investors` escape in dollar assets, secured by government guarantees. Today the tendency is unlikely to change because of the USA holiday, however tomorrow we should expect the first reaction of the market to appearance of major macroeconomic indicator - the USA trade balance. The dollar was quoted at 119.85/87 at the KASE merged session at 11:56 a.m.; no deals were concluded. The dollar was quoted at 119.84/89 on over- the-counter. [2008-10-13]