U.S. dollar market of Kazakhstan: day results

/IRBIS, March 13, 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 141.49(+0.12) Not indicated 141.45 141.38 Volume of session (mln) 5.245(+2.760) 0.970 0 0 Demand price 141.45 - 141.30 141.28 Supply price 141.46 141.34 141.38 141.55 Number of participants 21 6 3 3 ----------------------- ------------- ------------- ----------- ----------- Indicative US dollar quotations in the interbank market in the information system REUTERS at KASE sessions closing (disregarding settlement dates) ----------------------- ------------- -------------- ---------- ----------- Demand price 141.40 141.31 141.32 Supply price 141.46 141.36 141.38 ---------------------------------------------------------------------------- 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 increased by 10 points in comparison with previous day closing on dollar demand and by 9 points on supply. The main features of a day: the market stability after several morning session transactions and also gradual decrease of the shortest money quotations by the end of a day. The banks on additional day session where rather activity and made 8 transactions. On this session tenge has shown its strength: even on supply dollar did not achieved a level of an average weighted rate of main (morning) trades. Most likely, the uncertainty formed by 15:30 caused passivity of traders in the TOM and SPOT accounts. There were no transactions at the evening. The market looked as equilibrium. By the day results is possible to assume the some dollar strengthening on main Tuesday's trades as well as dollar decrease in several points. The compensatory and short-term movement of the dollar rate downwards looks today quite probable.