Morning (main) USD trades at KASE on November 20

/IRBIS, Ekaterina Tatarova, Vitaliy Tomskiy, November 20, 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 120.00 -0.10 Maximum rate 120.27 +0.11 Volume at maximum price 30,225 +29,225 Minimum rate 120.00 -0.09 Volume at minimum price 50 +045 Rate of last deal 120.22 +0.07 ---------------------------------------------------- ------- -------- Weighted average rate 120.21 +0.07 Volume of session 342,860 +289,675 ---------------------------------------------------- ------- -------- Net-turnover 176,595 +147,025 Number of deals 1032 +106 Number of participants 24 +7 Volume of unsatisfied offer* 8,400 -2,600 Volume of unsatisfied demand* 109,365 +64,435 Best demand on KASE at closing 120.21 +0.05 Best offer on KASE at closing 120.23 +0.06 ---------------------------------------------------- ------- -------- Best demand at 11:00 out of stock exchange (REUTERS) 120.21 +0.06 Best offer at 11:00 out of stock exchange (REUTERS) 120.27 +0.08 ----------------------------------------------------------------------- *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 ------ ------- --------- ----- ----- 120.27 30,225 65 10:43 10:54 120.26 4,935 35 10:48 10:54 120.25 8,140 58 10:33 10:54 120.24 2,595 36 10:42 10:54 120.23 8,665 30 10:36 10:54 120.22 17,395 111 10:20 11:00 120.21 117,640 286 10:19 10:59 120.20 151,205 401 10:18 10:54 120.19 2,010 9 10:17 10:37 120.00 50 1 10:15 10:15 ------ ------- --------- ----- ----- TOTAL 342,860 1032 10:15 11:00 ---------------------------------------- Yesterday tenge liquidity improved. Overnight repo rates fell to 4.7 % APR, volume of borrowing made about KZT45 bn. Today dollar continued its appreciation against tenge on this background. By results of KASE trades dollar rate overcame the upper limit of yesterday's price range aiming at 120.40. Commercial banks open long positions on dollar sharply appreciating against euro on FOREX market reaching $1.2488 (compared with yesterday rate $1.2625) and on December banking sector foreign debt payment. IRBIS estimates the total volume of payments at $1.2 bn. The dollar was quoted at 120.19/120.24 at the KASE day session at 11:48 a.m.; no deals were concluded. The dollar was quoted at 120.21/120.27 on over-the-counter. [2008-11-20]