In April volume of transactions in foreign exchange at KASE reached an equivalent of USD129.7 mln

/IRBIS, Apr 28, 01/ - In April of the year 2000 in hard currency trade sector of the Kazakhstan Stock Exchange (KASE) trades were held in U.S. dollars (TOD, TOM, SPOT terms), Deutsche marks (TOD), euros (TOD), and Russian roubles (TOD). Three sessions were held daily: the morning (main - TOD, if it falls on a week-end in the USA - TOM), day (additional - TOD, if it falls on a week-end in the USA - TOM) and evening (TOM, SPOT). Total of 1,343 deals were made within a month, including: in U.S. dollars at the main and additional sessions on TOD terms - 1,300, on TOM terms - 36; in Russian rouble on TOD - 7. Total volume of the operations (hereafter corresponding figures for previous month are given in parentheses) reached an equivalent of KZT18,878.8 mln (21,120.8), or $129,707.7 th. (145,178.9). The U.S. dollar accounted for 99.9% (99.9%) of the Exchange's total turnover. Volume of transactions in U.S. dollars reached $129,320.0 th. (144,895.0) for KZT18,822.3 mln (21,079.5), including: - at the main and additional sessions on TOD terms - $127,930.0 th. (138,765.0) for an amount of KZT18,619.7 mln (20,187.5) with average of the trade sessions $6,091.9 th. (7,303.4); - at the main and additional sessions on TOM term - $1,390.0 th. (6,130.0) for an amount of KZT202.6 mln (892.0). In April of the year 2000 total volume of operations in U.S. dollars at KASE equaled $134,910.0 th. for an amount of KZT19,188.7 mln. Tenge devaluation rate, calculated at weighted average rate of the main session of the Exchange, is estimated in April 2001 (March 30,01 = 145.42 - April 28,01 = 145.77) by a trend of 3.00% APR. Last month average devaluation rate of tenge was equal 1.18% APR. Weighted average rate of the U.S. dollar against the tenge, calculated by the deals of the main session in April - KZT145.54 per unit. For March - KZT145.48 per dollar. Average rate for 2001 equaled KZT145.43. 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 April, 2001 (April 1, 01 through April 26, 01, earlier data unavailable yet) reached $288.190 th. Volume of all interbank over-the- counter market: purchases - $302,596.0 th., sales - $343,224.0 th. For Russian rouble volume of deals in Russian rouble reached RUR11.2 mln (8.0) for a total of KZT56.5 mln (40.6). Tenge fluctuation rate estimated using weighted average rate of KZT/RUR at KASE equaled in April 2001 (March 30, 01 = 5.0600 - April 28, 01 = 5.0500) minus 2.49% APR (tenge firmed against the rouble). Last month this figure equaled minus 2.39% APR. No deals were made in Deutsche marks and euro. Below is a table presenting monthly volumes of deals in hard currency at KASE in 2001 (thousand of USD). -------------------------------------------------------------- Total volume of trades thousand Volume ------------------------- Volume in $ equivalent Month USD DEM EUR RUR mln. KZT th. USD -------- ------- --- --- ------ -------- --------------- January 126,030 0 0 12,400 18,382.7 126,466.7 February 132,955 0 0 10,300 19,373.8 133,314.1 March 144,895 10 0 8,000 21,120.8 145,178.9 April 129,320 0 0 11,200 18,878.8 129,707.7 -------- ------- --- --- ------ -------- --------------- TOTAL 532,900 10 0 41,900 77,712.3 534,367.4 -------------------------------------------------------------- In 2000 the volume of operations in foreign exchange at KASE was equal USD1,743.4 mln.