U.S. dollar market of Kazakhstan: day results

/IRBIS, November 5, 02/ - Following is the table of major indicators of Kazakhstan market for U.S. dollar (more than 99% of country's all currency market). Trends are shown relative to corresponding figures of previous day. -------------------------------------------------------------------------------- Trades in U.S. dollars at Kazakhstan stock exchange (KASE) -------------------------------------------------------------------------------- Instrument USD TOD USD TOD USD TOM USD SPOT Session Main Additional. Evening Evening Time of trades (AST) 10:15a-11:00a 11:30a-3:30p 2:00p-6:00p 2:00p-6:00p Rate (KZT/USD) 154.50(+0.01) 154.48(-0.01) - - Volume of session (m) 5.195(-0.125) 2.085(-2.405) 0( 0) 0 Bid 154.48( 0) 154.48(+0.01) 154.45(+0.02) - Offer 154.50(+0.01) 154.50(+0.01) - - Number of participants 15(-4) 16(+4) 1(-3) 0 ---------------------- ------------- ------------- ------------- ----------- Indicative U.S. dollar quotations in over-the-counter market in information system REUTERS at closing of KASE sessions (disregarding settlement dates) -------------------------------------------------------------------------------- Bid 154.47(+0.02) 154.46( 0) 154.46( 0) Offer 154.52(+0.02) 154.51(-0.01) 154.52( 0) -------------------------------------------------------------------------------- Notes: weighted average rate is given for main and evening sessions, for additional - closing rate; best ask and offer prices at closing of the trades are shown as the Exchange's quotations. There are no changes at US dollar market of Kazakhstan. During the whole day there was balanced market at KASE. Demand of commercial banks and their clients was entirely satisfied by offer. Only in the final phase of the trade purchasers managed to catch the initiative and decrease the price of USD to KZT154.48 per unit. The over the counter market was also characterized by stable quotations and closed without changes relative to yesterday. In the opinion of IRBIS specialists, the market will remain stable on Wednesday. There are no factors, which can change the existing situation. [2002-11-05]