Morning (main) USD trades at KASE on December 19

/IRBIS, Ekaterina Tatarova, Vitaliy Tomskiy, December 19, 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 120.75 +0.05 Maximum rate 120.79 +0.08 Volume at maximum price 3,000 +2,000 Minimum rate 120.75 +0.11 Volume at minimum price 6,995 +6,795 Rate of last deal 120.76 +0.06 ---------------------------------------------------- ------- ------- Weighted average rate 120.76 +0.11 Volume of session 192,340 +29,325 ---------------------------------------------------- ------- ------- Net-turnover 81,870 -14,350 Number of deals 1034 -203 Number of participants 22 0 Volume of unsatisfied offer* 10,615 +6,465 Volume of unsatisfied demand* 28,470 +3,820 Best demand on KASE at closing 120.45 +0.09 Best offer on KASE at closing 120.46 +0.07 ---------------------------------------------------- ------- ------- Best demand at 11:00 out of stock exchange (REUTERS) 120.76 +0.10 Best offer at 11:00 out of stock exchange (REUTERS) 120.79 +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 ------ ------- --------- ----- ----- 120.79 3,000 4 10:17 10:18 120.77 72,740 301 10:16 11:00 120.76 109,605 681 10:19 11:00 120.75 6,995 48 10:15 10:28 ------ ------- --------- ----- ----- TOTAL 192,340 1034 10:15 11:00 ------------------------------------ As expected, today USD/KZT rate continued growing. At that, energy resources falling prices make ongoing primary support to the upward trend. Yesterday, Brent oil price fell by 4.77 % to $43 per barrel. From the viewpoint of technical analysis, dollar looks most repurchased on domestic market and we exclude no insignificant correction in short-term prospect. Tax payments by the results of December may serve as the starting point for correction movement next week. The dollar was quoted at 120.78/120.80 at the KASE day session at 11:45 a.m.; no deals were concluded. The dollar was quoted at 120.76/120.79 on over-the-counter. [2008-12-19]