Statistics: weekly volume of transactions in foreign currencies at KASE - equivalent of $21.699 mln

/IRBIS, Apr.24, 00/ - During the seventeenth calendar week of the year 2000 (April 17 - 23) trades were held in U.S. dollars, Deutsche marks and euro with TOD, TOM and SPOT terms in foreign currencies trade sector of Kazakhstan Stock Exchange (KASE). Three trades were held daily: the morning (main, USD_TOD, DEM_TOD, EUR_TOD), day (additional USD_TOD, DEM_TOD, EUR_TOD) and evening (USD, DEM, EUR on TOM and SPOT terms). In U.S. dollars (hereafter corresponding figures for previous month are given in parentheses): 264 (626) deals were made for a total of $21,650 th. ($44,020 th.), all deals were made on TOD terms. Average volume of the trading day at KASE in U.S. dollars equaled $4,330 th. ($8,806 th.). Tenge devaluation against the U.S. dollar, calculated at weighted average rate of the Exchange on April 21 (only the morning session is taken into account), is estimated by a trend: - in short-term (week) - negative 5.0% (negative 3.9%) APR, - in mid-term (last 30 days) - 6.2% (8.0%) APR, - in long-term (from the beginning of this year) - 9.3% (10.3%) APR. In Deutsche marks 5 (2) deals were made for an amount of 100 th. (110) currency units. Deals were made on TOD terms in the main session of KASE. Against mark tenge devalued at an average of 13.0% APR. In euros no deals were made. In general, weekly volume of deals in foreign currencies at KASE is estimated at an equivalent of $21.699 mln ($44.284 mln), or KZT3,083.8 mln (KZT6,309.5 mln). Daily average - $4,339.8 mln ($8,856.8 mln).