Morning (main) USD trades at KASE on October 30

/IRBIS, Vitaliy Tomskiy, October 30, 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. Trade results (tenge per dollar, in th. dollars) -------------------------------------------------------------------- Indicator Value Trend ---------------------------------------------------- ------- ------- Rate of first deal 119.70 +0.20 Maximum rate 119.85 +0.03 Volume at maximum price 5 -44,110 Minimum rate 119.70 +0.20 Volume at minimum price 5 0 Rate of last deal 119.82 +0.01 ---------------------------------------------------- ------- ------- Weighted average rate 119.81 0 Volume of session 126,165 +53,205 ---------------------------------------------------- ------- ------- Net-turnover 74,940 +8,385 Number of deals 307 -92 Number of participants 19 -2 Volume of unsatisfied offer* 7,005 -30,105 Volume of unsatisfied demand* 42,100 +26,790 Best demand on KASE at closing 119.81 +0.01 Best offer on KASE at closing 119.82 +0.01 ---------------------------------------------------- ------- ------- Best demand at 11:00 out of stock exchange (REUTERS) 119.80 -0.01 Best offer at 11:00 out of stock exchange (REUTERS) 119.83 -0.02 -------------------------------------------------------------------- * Volume of corresponding active bids of STB in the trading system at closing of trades Trade prices ------------------------------------ Time.(ALT) Price Volume. Number of ----------- level th. USD deals from to ------ ------- --------- ----- ----- 119.85 5 1 10:15 10:15 119.83 5 1 10:15 10:15 119.82 34,445 53 10:16 11:00 119.81 91,600 250 10:17 10:45 119.80 105 1 10:33 10:33 119.70 5 1 10:15 10:15 ------ ------- --------- ----- ----- TOTAL 126,165 307 10:15 11:00 ------------------------------------ According to the forecast, the dollar continued to be traded within horizontal channel continued on domestic market today on significant regulation factor. The major event on the world market was the expected USA FRS decreasing of discount rate. The Committee for Open Markets of the Federal Reserve System (FRS) of the USA decided to decrease discount rate by 0.5 interest bearing point - from 1.5 % to 1 %. Last FRS USA decreased the discount rate on October 8 - it was decreased from 2 % by 0.5 % interest bearing point as an anti-recession measure. On this background the rate of USD/EUR increased significantly up to $1.3258. At the same time, further possible decreasing of interest rates by leading Central Banks, as it was in October, will contribute to the regular wave of euro falling value. The dollar was quoted at 119.82/119.83 at the KASE day session at 11:52 a.m.; the last deal was concluded at 119.83. The dollar was quoted at 119.80/119.83 on over-the-counter. [2008-10-30]