U.S. dollar market of Kazakhstan: day results

/IRBIS, August 27, 03/ - Following is the table of major indicators of Kazakhstan market for U.S. dollar (more than 99% of country's all currency market) according to results of the day. Values are given in tenge per dollar, volume - th. USD, trends are shown relative to corresponding figures of previous day. Results of trades at Kazakhstan stock exchange ------------------------------------------------------------------------- Instrument USD TOD USD TOD USD TOM KASE's session Main Additional Additional (morning) (day) (evening) Time 10:15 - 11:00 ALT 11:30-15:30 14:00-18:00 ----------------- ------------- ------------- Indicator value trend value trend value trend ------------------------ -------- ------- ------ ----- ------ ----- Opening rate 147.00 0 147.31 +0.20 - - Volume of the 1st deal 5 0 300 0 0 0 ------------------------ -------- ------- ------ ----- ------ ----- Maximum rate 147.30 +0.15 147.36 +0.11 - - Volume on max. price 100 +95 250 +225 0 0 ------------------------ -------- ------- ------ ----- ------ ----- Minimum rate 147.00 0 147.30 +0.19 - - volume on min. price 5 0 100 -200 0 0 ------------------------ -------- ------- ------ ----- ------ ----- Closing rate 147.30 +0.21 147.35 +0.11 - - Volume of the last. deal 5 -50 200 0 0 0 ------------------------ -------- ------- ------ ----- ------ ----- Weight. aver. rate 147.26 +0.16 147.34 +0.15 - - Volume of the session 26685 -2.365 10020 +725 0 0 Number of deals 107 -2 51 -3 0 0 Number of participants 18 0 15 0 0 0 ------------------------ -------- ------- ------ ----- ------ ----- Best ask* 147.28 +0.19 147.35 +0.11 - - Best bid* 147.29 +0.19 147.36 +0.11 - - ------------------------ -------- ------- ------ ----- ------ ----- REUTERS Bid* 147.23 +0.16 147.30 +0.08 147.29 +0.05 REUTERS Ask* 147.33 +0.17 147.40 +0.11 147.41 +0.09 ------------------------------------------------------------------------- * at closing of the session at KASE, out of stock exchange - by the data of REUTERS Table of price levels of trade in US dollar at KASE on TOD terms ------------------------------------------------------------------ TOTAL BY RESULTS OF THE DAY: Morning Day ---------------------------- session: session: time (ALT): Price ------------- ------------- ------------ level volume deals volume deals volume deals from to ------ ------ ----- ------ ----- ------- ----- ----- ----- 147.36 2,100 9 2,100 9 13:51 15:28 147.35 3,720 15 3,720 15 13:51 15:29 147.34 900 4 900 4 14:14 15:29 147.33 800 4 800 4 11:38 15:28 147.32 300 3 300 3 14:29 14:30 147.31 600 2 600 2 11:34 14:17 147.30 605 4 1,600 14 2,205 18 10:59 14:27 147.29 200 3 200 3 10:57 10:59 147.26 25,570 91 25,570 91 10:18 10:57 147.25 305 8 305 8 10:15 10:28 147.00 5 1 5 1 10:15 10:15 ------ ------ ----- ------ ----- ------- ----- ----- ----- TOTAL 26,685 107 10,020 51 36,705 158 10:15 15:29 ------------------------------------------------------------------ Again the main tendency at US dollar market of Kazakhstan determined direction and resulting result of the day. Stability of demand of most STB, including big representatives of the banking sector turned the market. Consumers' trust in USD is gradually restoring. Dynamics of dollar's growth obtains almost the same character and the speed of its previous falling. Traders, opening long positions, move haggling to higher price levels. The head bank does not hamper market formation of the rate, fluently regulating the amplitude of its fluctuations. Main trend, which is strengthening tenge, has not been broken. Them market is developing correcting movement from the formed bottom to resistance line, which is 147.95. Inflow of the main volume of currency to the stock exchange's floor was still controlled by the same banks it was controlled by yesterday, and one of them, supporting dynamics of the haggling, worked in both directions. Confident raise of the market consolidated market prices on the level of 147.35. The day trade, as well as over-the-counter market, supported dollar at closing of the day. Results of the trade show that most participants keep from big sales of USD, supporting their liquidity due to redemption of GS. Market's development towards strengthening of USD will obviously be preserved till ending of the trading week. [2003-08-27]