Morning (main) USD trades at KASE on October 14

/IRBIS, Vitaliy Tomskiy, October 14, 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 119.80 -0.07 Maximum rate 119.89 +0.02 Volume at maximum price 4,205 +3,205 Minimum rate 119.69 -0.16 Volume at minimum price 500 -164,050 Rate of the last deal 119.88 +0.03 ---------------------------------------------------- ------ -------- Weighted average rate 119.87 +0.02 Volume of the session 39,975 -162,225 ---------------------------------------------------- ------ -------- Net-turnover 31,125 -126,875 Number of deals 347 +220 Number of participants 19 +3 Volume of unsatisfied offer* 22,505 +1,505 Volume of unsatisfied demand* 63,620 +7,470 Best demand on KASE at closing 119.88 +0.03 Best offer on KASE at closing 119.89 +0.03 ---------------------------------------------------- ------ -------- Best demand at 11:00 out of stock exchange (REUTERS) 119.90 +0.06 Best offer at 11:00 out of stock exchange (REUTERS) 119.93 +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 ------ ------- --------- ----- ----- 119.89 4,205 24 10:56 10:59 119.88 9,105 65 10:52 11:00 119.87 8,295 21 10:32 10:53 119.86 14,675 199 10:22 10:47 119.85 3,185 35 10:16 10:27 119.80 10 2 10:15 10:15 119.69 500 1 10:15 10:15 ------ ------- --------- ----- ----- TOTAL 39,975 347 10:15 11:00 ------------------------------------ Morning session trades were rather weak. Volume of deals decreased significantly as there were no major players. This week in Kazakhstan is a tax week. The companies make mandatory payments to the budget for Q3, September and advance payments for October. Payments on VAT, corporate income tax and rental tax on exported oil are expected to be huge. In this regard we forecast increasing of activity on preemptive currency sale market by the end of the week. The dollar was quoted at 119.87/119.90 at the KASE day session at 11:51 a.m.; no deals were concluded. The dollar was quoted at 119.89/119.91 on over-the-counter. [2008-10-14]