U.S. dollar market of Kazakhstan: day results

/IRBIS, March 7, 00/ - Following is the table of major indicators of Kazakhstani market for U.S. dollar (more than 98% of country's all currency market). ---------------------------------------------------------------------------- US dollar trades at the Kazakhstan stock exchange (KASE) ----------------------- ------------- ------------- ----------- ----------- Toll USD TOM USD TOM USD TOM USD SPOT Session Main Additional. Evening Evening Time of trades (ALM) 10:15-11:00 11:30-15:30 14:00-18:00 14:00-18:00 Average weighted rate 141.11(+0.04) Not indicated - 141.20 Volume of session (mln) 3.830(+1.400) 1.240 0 0.300 Demand price 141.12 141.11 - - Supply price 141.13 141.13 - - Number of participants 17 7 5 5 ----------------------- ------------- ------------- ----------- ----------- Indicative US dollar quotations in the interbank market in the information system REUTERS at KASE sessions closing (disregarding settlement dates) ----------------------- ------------- -------------- ---------- ----------- Demand price 141.10 141.09 141.08 Supply price 141.15 141.13 141.13 ---------------------------------------------------------------------------- Notes: Best bid and ask prices at closing of the trades are shown as the Exchange quotations. By indicative interbank quotations of the dollar in REUTERS information system, tenge lost 4 points in comparison with previous day closing on demand and 3 points on supply of the American currency. Today currency market did not demonstrate a dynamism. Some growth in the price of the dollar by the mid of the day was compensated by its backward move by closing of the market. Such trend was observed in all trade sessions of the Exchange, including the interbank market, where the dollar quotations remained mainly below the weighted average of the main session of KASE. After the analysis of the market and current indicators, it can be said that further firming of the U.S. dollar should be expected at the next trades on Thursday. However, there is also a possibility that the exchange rate will subside a little by the results of the session.