In December volume of transactions in foreign exchange at KASE reached an equivalent of USD242.3 mln, in year 2000 it totalled $1,743.4 mln
/IRBIS, Jan.03, 01/ - In December of the year 2000 in foreign exchange trade sector of the Kazakhstan Stock Exchange (KASE) trades were held in U.S. dollars (TOD, TOM, SPOT terms), Deutsche marks (TOD), euros (TOD, TOM), and Russian roubles (TOD). Three sessions were held daily: the morning (main - TOD), day (additional - TOD) and evening (TOM, SPOT).
Total of 2,233 deals were made within a month, including: in U.S. dollars at the main and additional sessions on TOD terms - 2,115, on TOM terms - 113; in Deutsche mark - 2, in Russian rouble - 3.
Total volume of the operations (hereafter corresponding figures for previous month are given in parentheses) reached an equivalent of KZT35,124.7 mln (19,883.9), or $242,299.6 th.(138,104.3). The U.S. dollar accounted for 99.9% (99.9%) of the Exchange's total turnover.
Volume of transactions in U.S. dollars reached $242,035.0 th. (137,950.0) for KZT35,086.4 mln (19,861.7), including:
- at the main and additional sessions on TOD terms - $222,585.0 th. (135,395.0) for an amount of KZT32,265.1 mln (19,494.0) with average of the trade sessions $10,599.3 th. (6,154.6);
- at the evening sessions on TOM term - $19,450.0 th. (2,555.0) for an amount of KZT2,821.3 mln (367.7).
In December of the year 1999 total volume of operations in U.S. dollars at KASE equalled $74,090.0 th. for an amount of KZT10,238.2 mln.
Tenge devaluation rate, calculated at weighted average rate of the main session of the Exchange, is estimated in December (Nov.31,00 = 144.15 - Dec.29,00 = 145.40) by a trend of 10.93% APR. Last month average devaluation rate of tenge was equal 13.32% APR.
Weighted average rate of the U.S. dollar against the tenge, calculated by the deals of the main session in December - KZT144.99 per unit. For November - KZT144.01 per dollar. From the beginning of the year through December 29 corresponding figure equalled KZT142.52 per dollar and grew up from KZT142.11 during the month.
Based on the data of the National Bank, volume of interbank over-the- counter deals in U.S. dollars between the operators-residents of Kazakhstan in December, 2000 reached $344.823 th. Volume of all interbank over-the-counter market purchases - $371,570.0 th., sales - $388,719.0 th.
For Russian rouble volume of deals in Russian rouble reached RUR7.1 mln (4.3) for a total of KZT36.8 mln (22.2). Tenge fluctuation rate estimated using weighted average rate of KZT/RUR on KASE equalled in December to minus 0.9% APR. (Nov 30 = 5.1760 - Dec 29 = 5.1725)
In Deutsche marks volume of deals in December equalled to DM25.0 th. (-) for a total of KZT1.6 mln (-). No deals in EURO were made on KASE during the month.
Below is a table presenting monthly volumes of deals in foreign exchange at KASE (thousand of USD).
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Total volume of trades
thousand Volume
----------------------------- Volume in $ equivalent
Month USD DEM EUR RUR mln. KZT th. USD
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Jan 84,120 95 0 0 11,704.8 84,169.2
Feb 127,370 55 210 0 17,852.4 127,607.6
March 142,275 85 395 0 20,181.7 142,698.0
Apr 134,910 275 265 0 19,245.0 135,305.6
May 127,195 45 45 0 18,107.9 127,257.3
June 139,860 10 10 0 19,951.7 139,874.3
July 137,060 225 20 0 19,589.5 137,187.9
Aug 186,230 85 0 0 26,562.8 186,269.3
Sep 173,500 60 0 0 24,760.2 173,526.6
Oct 109,110 40 0 0 15,558.8 109,127.9
Nov 137,950 0 0 4,300 19,883.9 138,104.3
Dec 242,035 25 0 7,100 35,124.7 242,299.6
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TOTAL 1,741,615 1,000 945 11,400 248,523.4 1,743,427.6
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In 1999 the volume of operations in foreign exchange at KASE was equal USD2,128.3 mln.
Footnote: data for 2000 are to be considered as current and preliminary. Final data will be published as soon as they will be revised by all KASE divisions.