U.S. dollar market of Kazakhstan: day results

/IRBIS, Vitaliy Tomskiy, October 21, 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 119.50 0 119.78 +0.02 119.84 +0.08 ---------------------- ------ -------- ------- -------- ------ ------- Maximum rate 119.78 -0.06 119.86 +0.10 119.86 +0.10 Volume on max. price 5 -995 7,150 +6,350 3,500 -10,200 ---------------------- ------ -------- ------- -------- ------ ------- Minimum rate 119.50 0 119.77 +0.03 119.84 +0.09 Volume on min. price 5 0 1,100 -1,400 3,500 +3,000 ---------------------- ------ -------- ------- -------- ------ ------- Closing rate 119.77 +0.03 119.86 +0.11 119.84 +0.08 Weight. aver. rate 119.76 0 119.83 +0.08 119.85 +0.09 Session volume (gross) 54,005 -161,095 67,800 +41,300 42,300 +28,100 Session net-turnover 32,925 -106,180 58,610 +33,110 42,300 +28,100 Number of deals 475 +228 104 +68 44 +38 Number of participants 18 -1 20 +2 9 +2 ---------------------- ------ -------- ------- -------- ------ ------- Day gross-turnover* 121,805 -119,795 42,300 +28,100 Day net-turnover* 90,085 -57,380 42,300 +28,100 ---------------------- ------ -------- ------- -------- ------ ------- Best bid** 119.76 +0.02 119.83 +0.09 119.80 +0.05 Best ask** 119.77 +0.01 119.86 +0.11 119.85 +0.08 ---------------------- ------ -------- ------- -------- ------ ------- REUTERS Bid** 119.73 -0.02 119.83 +0.07 119.76 +0.01 REUTERS Ask** 119.76 -0.02 119.86 +0.04 119.83 +0.01 ---------------------------------------------------------------------------- * 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 ------ ------ ----- ------ ----- ------- ----- ----- ----- 119.86 0 0 7,150 15 7,150 15 14:58 15:29 119.85 0 0 30,000 6 30,000 6 14:31 15:29 119.84 0 0 3,890 7 3,890 7 14:28 15:29 119.83 0 0 1,500 2 1,500 2 14:25 14:25 119.82 0 0 1,100 3 1,100 3 14:08 14:20 119.81 0 0 4,210 49 4,210 49 12:15 14:08 119.80 0 0 15,250 14 15,250 14 12:10 13:26 119.79 0 0 2,500 3 2,500 3 12:08 12:08 119.78 5 1 1,100 2 1,105 3 10:53 12:08 119.77 17,200 53 1,100 3 18,300 56 10:21 11:56 119.76 30,855 403 0 0 30,855 403 10:16 10:53 119.75 5,940 17 0 0 5,940 17 10:23 10:28 119.50 5 1 0 0 5 1 10:15 10:15 ------ ------ ----- ------ ----- ------- ----- ----- ----- TOTAL 54,005 475 67,800 104 121,805 579 10:15 15:29 ------------------------------------------------------------------ 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 Oct. 15, 08 Oct. 16, 08 Oct. 17, 08 Oct. 20, 08 Oct. 21, 08 ---------- ----------- ----------- ----------- ----------- ----------- Ask 36,765 14,410 38,325 36,500 30,075 Bid 41,700 83,855 89,195 3,800 78,425 ---------- ----------- ----------- ----------- ----------- ----------- Difference +4,935 +69,445 +50,870 -32,700 +48,350 --------------------------------------------------------------------------- Today the head of National Bank announced final statistic data on balance of payments of the country for 6 initial months: Major results: - surplus of the current account made $6.5 bn. against deficit in $2.6 bn. last year owing to trade balance record indicator; - the other positions of the current account remained negative; - on transactions with capital and finance account, deficit made $3.8 bn. against $7.4 bn. for the same period of last year. In our opinion, data is negative for the rate of KZT/USD. Taking into account decreasing of prices on major export commodities of Kazakhstan on world markets, positive influence on upward dynamic of KZT rate of surplus current account is gradually decreasing, what along with the decreasing of banks` credit activity will increase pressure on tenge in long-term prospect. [2008-10-21]