/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
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* 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]