Foreign currency trades volume in 9 months of 2009 on KASE decreased by 26.1 % and made up KZT6.9 trln ($48.0 bn)

01.10.09 12:06
/KASE, October 1, 09/ - In nine months of 2009 currency trade volume on Kazakhstan Stock Exchange (KASE), including currency swap transactions, made up KZT6,930.7 bn (USD48,020.7 m) and decreased against the similar 2008 period by 26.1 % (38.5 % in USD). In comparison with the previous nine month period (April-December 2008) trades volume decreased by 2.1 times (2.6 in USD). The table below shows KASE foreign currencies market indices in 2009 with breakdown by month, currency and deal, and comparative 2008 data. --------------------------------------------------------------------------------- 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 2009, IX 2,556.2 106.3 16.4 2,274.2 752.3 4,985.7 1,095.4 7,259.9 ---------- -------- ------ ----- -------- ------- -------- ---------- ----------- Total 36,476.2 410.7 400.9 10,951.0 6,930.7 48,020.7 8,578.1 58,971.7 ---------- -------- ------ ----- -------- ------- -------- ---------- ----------- 2008, 78,004.0 9.4 444.1 - 9,382.3 78,036.7 9,382.3 78,036.7 I-IX change, % -53.2 >+4270 -9.7 Х -26.1 -38.5 -8.6 -24.4 --------------------------------------------------------------------------------- The weighted average rate of KZT to USD, calculated on all deals of the main (morning) trade session for the period from January 3, 2009 to September 30, 2009, made up KZT143.03 per dollar, on all exchange deals - KZT142.40 per dollar. KZT to USD devaluation on the exchange weighted average rate is estimated this year at 33.38 % APR. In initial nine months KZT to USD devaluation rate made up 24.97 %. In 2008 KZT to USD devaluation rate made up 0.41 %. We remind that due to the currency swap transaction market launch 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 was published 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 transactions (on sums of money borrowing). 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 trades statistics on repo transactions. [2009-10-01]