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Market and Company News
03.06.2002 00:00

For five months of 2002 volume of currency transactions at KASE reached $870.2mln and grew by 25.2% relative to corresponding period of 2001

/IRBIS, June 03,02/ - For five months of 2002 volume of currency transactions at KASE reached equivalent of $870,210.2th and grew by $174,926.2th or 25.2% relative to corresponding period of 2001.

In 2001 the volume of transactions on foreign currency at KASE totaled $1,961.9m.

Below there is a table of the volumes of deals on foreign currency at KASE in 2002 with spacing for months.

---------------------------------------------------------------------------------
          Total volume of trades,  in th units.
                                                            Volume in equivalent,
          -------------------------------------    Volume,
Month               USD        EUR          RUR    mln KZT                th. USD
--------  -------------  ---------  -----------  ---------  ---------------------
January         150,880          0       27,100   23,011.7              151,766.3
February        138,810         80       18,400   21,203.7              139,475.4
March           156,335        345        2,700   23,855.5              156,724.0
April           202,065          0        5,400   30,892.1              202,238.1
May             219,790        230          100   33,652.0              220,006.4
--------  -------------  ---------  -----------  ---------  ---------------------
TOTAL           867,880        655       53,700  132,614.9              870,210.2
---------------------------------------------------------------------------------

Weighted average market rate of tenge to dollar in 2002, calculated with deals of main session at KASE, totaled KZT152.40 per dollar by IRBIS appraisal

Devaluation of tenge to dollar on stock market rate is estimated to be 3.62% APR as for May 31, 2002. Level of tenge devaluation in 2001 was equal to 3.82% APR.

[2002-06-03]