Morning (main) USD trades at KASE on December 3

/IRBIS, Ekaterina Tatarova, Vitaliy Tomskiy, December 3, 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 120.51 +0.01 Maximum rate 120.51 -0.03 Volume at maximum price 3,000 +1,800 Minimum rate 120.40 -0.04 Volume at minimum price 33,000 +21,600 Rate of last deal 120.51 +0.06 ---------------------------------------------------- ------- -------- Weighted average rate 120.45 -0.03 Volume of session 264,825 -171,965 ---------------------------------------------------- ------- -------- Net-turnover 207,225 -22,365 Number of deals 550 +105 Number of participants 17 -6 Volume of unsatisfied offer* 31,330 -12,675 Volume of unsatisfied demand* 78,045 +56,145 Best demand on KASE at closing 120.49 +0.05 Best offer on KASE at closing 120.51 +0.06 ---------------------------------------------------- ------- -------- Best demand at 11:00 out of stock exchange (REUTERS) 120.48 +0.04 Best offer at 11:00 out of stock exchange (REUTERS) 120.51 -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 ------ ------- --------- ----- ----- 120.51 3,000 3 10:16 10:59 120.50 500 1 10:17 10:17 120.49 5,390 60 10:48 10:59 120.48 60,425 290 10:17 10:59 120.47 19,510 140 10:17 10:40 120.46 3,000 2 10:17 10:17 120.45 86,000 7 10:17 10:17 120.44 5,000 1 10:17 10:17 120.43 14,000 12 10:20 10:21 120.42 1,500 2 10:18 10:19 120.41 33,500 20 10:18 10:19 120.40 33,000 12 10:17 10:17 ------ ------- --------- ----- ----- TOTAL 264,825 550 10:16 10:59 ------------------------------------ Today regulation factor significant damping influence contributed to stabilization of USD/KZT rate in the horizontal price range, aiming at KZT120.50 per $1. At the same time, US dollar demand on the side of trades` participants remains high. Hydrocarbon primary products and metals falling prices increase its negative impact on the national currency. On this background, the level of gold reserves of the National Bank as on the beginning of current month is the most expected statistics. According to our forecast, decreasing won't exceed 5 %, which will support KZT exchange rate in short-term prospect. The dollar was quoted at 120.49/120.51 at the KASE day session at 12:37 p.m.; the last deal was concluded at 120.50. The dollar was quoted at 120.49/120.51 on over-the-counter. [2008-12-03]