At KASE the trend seems to renew

16.08.99 00:00
/IRBIS, Aug.16, 99/ - The next trades with the US dollar, Deutsche mark were held at Kazakhstan Stock Exchange (KASE). 24 banks participated in trades. The trades were opened with the US dollar at the level of 132.00 tenge per unit of the currency. The session was closed at 131.96(demand) / 132.06(supply). 227 deals were made on US dollars. The weighted average dollar exchange rate has made 132.02 tenge per unit of the currency, and compared to the results of the previous session went up by 0.13 tenge (13 points). The trade volume of the session - $11.355 mln. - has increased relative to that of the latest trades by $5.505 mln. The exchange rate fluctuation during the trade was 0.18%. One hour after closing of the trades at over-the-counter market dollar was quoted at 131.96 (demand) / 132.08 (supply) tenge per unit of the currency. Nine deals totaling DEM 315 thousand were made on Deutsche marks. This amount is higher compared with that of the previous trades by DEM 200 thousand. The weighted average rate has made 71.48 tenge for 1 mark. Compared to the results of the previous fruitful session mark's exchange rate has increased by 0.60 tenge (60 points). At closing of the session Deutsche mark was quoted at the level of 71.45 (demand) / 71.56 (supply) tenge per unit of the currency. No deals were made on Euro. By closing of the trades it was quoted at 139.55(demand) / 140.00(supply)tenge per unit of the currency.