Currency trade volume declines 15.4 % on KASE, reaches KZT6.2 trln (USD43.0 bn) in 8 months of 2009

/KASE, September 1, 09/ - In eight months of 2009 currency trade volume on Kazakhstan Stock Exchange (KASE), including currency swap transactions, reached KZT6,178.4 bn (USD43,035.0 m) and fell against the same period of 2008 by 15.4 % (29.1 % in USD terms). As compared with the previous eight-month period (May-December 2008) trade volume declined 2.2 times (2.7 in USD terms). Below is the table specifying indicators of KASE currency market in 2009 with breakdown on months, currencies and deal types, and comparative data of 2008. -------------------------------------------------------------------------------- Trade volume ----------------------------------------------- Exchange spot-market, (calculated) turnover, -------- ------ ----- swap- total, total, ---------- ---------- Year, m m m market, bn m bn m month USD EUR RUB m USD KZT USD KZT USD ---------- -------- ------ ----- -------- ------- -------- ---------- ---------- 2009, I 7,868.9 0.5 72.3 85.1 965.7 7,956.9 976.0 8,042.0 2009, II 8,853.5 2.4 20.7 767.7 1,378.1 9,624.9 1,492.9 10,392.5 2009, III 3,760.3 6.3 40.8 2,067.5 880.1 5,837.4 1,191.7 7,904.8 2009, IV 2,592.2 4.3 159.1 549.0 474.9 3,151.5 557.7 3,700.5 2009, V 1,838.5 61.5 91.6 322.5 337.9 2,247.8 386.4 2,570.3 2009, VI 2,139.9 71.3 0 657.1 435.6 2,897.0 534.4 3,554.1 2009, VII 3,277.5 73.3 0 1,274.0 701.3 4,655.1 893.3 5,929.1 2009, VIII 3,589.2 84.8 0 2,954.0 1,004.9 6,664.4 1,450.3 9,618.4 ---------- -------- ------ ----- -------- ------- -------- ---------- ---------- Total 33,920.0 304.4 384.5 8,676.8 6,178.4 43,035.0 7,482.7 51,711.8 ---------- -------- ------ ----- -------- ------- -------- ---------- ---------- 2008, 60,631.8 7.9 378.1 - 7,302.6 60,659.8 7,302.6 60,659.8 I-VIII meas., % -44.1 >+3770 +1.7 Х -15.4 -29.1 +2.5 -14.8 -------------------------------------------------------------------------------- Weighted average rate of the tenge to the dollar, calculated on all deals of the main (morning) trade session for the period January 3, 2009 through August 28, 2009, reached KZT142.39 a dollar, on exchange deals - KZT141.76 a dollar. The tenge devalued to the dollar on weighted average exchange rate this year at 37.32 % APR. In eight months the tenge devalued to the dollar 24.84 %. In 2008 the tenge devalued to the dollar in nominal terms 0.41 %. In connection with launch of currency swap transaction market on December 29, 2008 KASE is applying beginning January 1, 2009 releasing its trade statistics two indicators - trade volume (a new indicator showing gross volume of trades) and exchange (calculated) turnover (this indicator is traditional and had been released before 2009). On the currency market these indicators may differ at opening and/or closing in the reporting period of currency swap transactions. At carrying out such transactions on the exchange market, trade volume shall include only volumes of opening deals of currency swap ransactions (on sums of money attraction). At calculation of exchange (calculation) turnover the exchange shall account volumes (in KZT; with subsequent recalculation to the dollars) of all executed opening and closing deals of such transactions; at that, only deals falling on such reporting period shall be taken into account. KASE also is applying the method regarding trade statistics on repo transactions. [2009-09-01]