On day session of KASE in foreign currencies no deals made

29.11.99 00:00
/IRBIS, Nov.29, 99/ - Today at Kazakhstan stock exchange (KASE) the first additional (day) session was held in foreign currencies with TOD (same day payment) payment terms. The trades went within a specified time frame from 11:30AM to 3:00PM Almaty time in US dollars, Deutsche marks and euros using the main trade method of KASE - double counter auction method. During the trade dealers quite actively quoted USD and DEM, but no deals were concluded. At closing of the trades US dollar was quoted at 137.70/80 tenge per unit. Deutsche mark was asked for 71.30 tenge per unit with no offer. No demand and offer existed for euro. At 3:00PM Almaty time USD was quoted in trade system of KASE at 137.55/138.05 with TOM (next day payment) terms; with SPT (second working day payment) terms - 136.80/138.40 tenge per unit. Current USD quotations on interbank market according to REUTERS - 137.76/81. We remind that the main (morning) session in US dollars today closed at 137.70/74 with weighted average 137.73 tenge per unit.