U.S. dollar market of Kazakhstan: day results

/IRBIS, Ekaterina Tatarova, Vitaliy Tomskiy, March 2, 09/ - Following is the table of major indicators of Kazakhstan market of U.S. dollar, on day results. The rate is given in tenge per dollar, volume - th. USD. Trends are shown relative to corresponding figures of previous trading day. Results of trades on Kazakhstan Stock Exchange (KASE) ------------------------------------------------------------------- Instrument USD_TOD USD_TOD USD_TOM KASE session Morning Day Evening Time 10:15-11:00 ALT 11:30-15:30 ALT 11:30-17:00 --------------- --------------- ------------ Indicator value trend value trend value trend ---------------------- ------- ------- ------- ------- ------ ----- Opening rate 150.50 +0.15 150.60 +0.10 - X ---------------------- ------- ------- ------- ------- ------ ----- Maximum rate 150.70 +0.20 150.67 +0.11 - X Volume on max. price 500 -34,575 1,500 +1,000 - X ---------------------- ------- ------- ------- ------- ------ ----- Minimum rate 150.50 +0.15 150.60 +0.11 - X Volume on min. price 100 -900 21,360 +21,060 - X ---------------------- ------- ------- ------- ------- ------ ----- Closing rate 150.60 +0.10 150.60 +0.05 - X Weight. aver. rate 150.60 +0.17 150.62 +0.11 - X Session volume (gross) 203,400 +62,525 33,980 -65,820 - X Session net-turnover 136,150 -4,425 196,760 -19,740 - X Number of deals 150 +38 51 -30 - X Number of participants 19 +1 11 -6 - X ---------------------- ------- ------- ------- ------- ------ ----- Day gross-turnover* 237,380 -3,295 - X Day net-turnover* 260,150 -69,925 - X ---------------------- ------- ------- ------- ------- ------ ----- Best bid** 150.60 +0.10 150.60 +0.06 150.60 +0.15 Best ask** 150.61 +0.06 150.61 +0.01 150.66 +0.06 ---------------------- ------- ------- ------- ------- ------ ----- REUTERS Bid** 150.50 +0.10 150.50 -0.09 150.50 -0.12 REUTERS Ask** 150.60 0 150.62 -0.16 150.62 -0.21 ------------------------------------------------------------------- * resulting net-position on each instrument **at closing of the session on KASE, out of stock exchange - by the data of REUTERS Table of price levels of trade in US dollar on KASE on T+0 (USD_TOD) settlement terms ----------------------------------------------------------- TOTAL BY RESULTS OF DAY: Morning Day ------------------------- session: session: time (ALT): Price ------------- ------------ ----------- level volume deals volume deals volume deals from to ------ ------- ----- ------ ----- ------- ----- ----- ----- 150.70 500 1 500 1 10:21 10:21 150.67 1,500 3 1,500 3 14:30 14:36 150.66 3,000 3 3,000 3 15:18 15:24 150.65 200 2 5,620 13 5,820 15 10:22 15:20 150.64 1,500 4 1,500 4 14:12 15:25 150.62 1,000 1 1,000 1 14:06 14:06 150.61 1,000 2 1,000 2 10:28 10:28 150.60 201,600 144 21,360 27 222,960 171 10:22 15:25 150.50 100 1 100 1 10:15 10:15 ------ ------- ----- ------ ----- ------- ----- ----- ----- TOTAL 203,400 150 33,980 51 237,380 201 10:15 15:25 ----------------------------------------------------------- Parameters of unsatisfied demand and supply of second tier banks in KASE' trade system for the last 5 days (total of valid bids by the time of morning and day trades closing, th. USD) ---------------------------------------------------------------------- Indicator Feb. 24, 09 Feb. 25, 09 Feb. 26, 09 Feb. 27, 09 March 2, 09 ---------- ----------- ----------- ----------- ----------- ----------- Ask 30,200 18,700 16,500 7,300 19,360 Bid 36,500 111,300 110,200 74,050 18,100 ---------- ----------- ----------- ----------- ----------- ----------- Difference +6,300 +92,600 +93,700 +66,750 -1,260 ---------------------------------------------------------------------- KASE day session traditionally brought no changes in trades' sequence. On the contrary, currency swap sector shows sustainable tendency of growing activity (joint volume today exceeded $180.0 m.). In our opinion, commercial banks under NDF high rates conditions, (reflects market's expectations) try to retain "long" positions on USD. At the same time, considering narrowing price range, we don't exclude regulating factor active influence. Tomorrow, on this background, we may expect trades continuation within KZT150.50 and 151.00 per USD1. [2009-03-02]