U.S. dollar market of Kazakhstan: day results

/IRBIS, Sergey Yakovlev, March 10, 04/ - Following is the table of major indicators of Kazakhstan market for U.S. dollar (over 99% of country's foreign exchange 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 trading 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 138.60 -0.40 138.91 -0.07 - - ---------------------- -------- ------- ------ ----- ------ ----- Maximum rate 139.01 -0.19 138.97 -0.12 - - Volume on max. Price 5 0 100 -300 0 0 ---------------------- -------- ------- ------ ----- ------ ----- Minimum rate 138.60 -0.20 138.87 -0.10 - - volume on min. Price 5 0 1100 +480 0 0 ---------------------- -------- ------- ------ ----- ------ ----- Closing rate 138.87 -0.14 138.90 -0.17 - - ---------------------- -------- ------- ------ ----- ------ ----- Weight. aver. rate 138.86 -0.15 138.90 -0.12 - - Volume of the session 10050 -15160 8620 +6455 0 0 Number of deals 149 -35 54 +41 0 0 Number of participants 18 0 15 +4 0 0 ---------------------- -------- ------- ------ ----- ------ ----- Best ask* 138.86 -0.14 138.88 -0.19 - - Best bid* 138.87 -0.15 138.90 -0.19 - - ---------------------- -------- ------- ------ ----- ------ ----- REUTERS Bid* 138.87 -0.07 138.82 -0.18 138.78 -0.22 REUTERS Ask* 138.94 -0.09 138.92 -0.18 138.88 -0.22 ----------------------------------------------------------------------- * 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 ------ ------ ----- ------ ----- ------- ----- ----- ----- 139.01 5 1 5 1 10:15 10:15 138.97 100 1 100 1 12:02 12:02 138.96 400 1 400 1 12:02 12:02 138.94 300 1 300 1 11:45 11:45 138.93 100 1 100 1 15:18 15:18 138.92 300 2 300 2 14:19 14:19 138.91 700 3 700 3 11:34 15:17 138.90 370 5 720 5 1090 10 10:17 15:29 138.89 10 2 3200 17 3210 19 10:22 15:28 138.88 100 2 1700 7 1800 9 10:47 15:25 138.87 2430 34 1100 16 3530 50 10:25 15:05 138.86 6925 100 6925 100 10:19 10:59 138.85 205 4 205 4 10:20 10:36 138.60 5 1 5 1 10:15 10:15 ------ ------ ----- ------ ----- ------- ----- ----- ----- TOTAL 10050 149 8620 54 18670 203 10:15 15:29 ------------------------------------------------------------------ Parameters of unsatisfied demand and supply at trading system of KASE for the last 5 days (the amount of active bids by the time of morning and day trades closed, th. USD) ------------------------------------------------------------------ Indicator Mar 3, 04 Mar 4, 04 Mar 5, 04 Mar 9, 04 Mar 10, 04 ---------- --------- --------- --------- --------- ---------- Bid 3,620 3,060 5,980 4,705 5,410 Ask 5,375 4,455 2,860 4,540 4,300 ---------- --------- --------- --------- --------- ---------- Difference +1,755 +1,395 -3,120 -165 -1,110 ------------------------------------------------------------------ Kazakhstan market of US dollar closed with the next falling and came close to lower borders. Growth prices which started taking shape at KASE's day session was not significantly developed because of the high unsatisfied offer at closing of the morning trade. Growth of dollar's rate, which occurred due to a local factor, caused growth of its offer volume, having stabilized the market at 138.90. Results of technical analysis have not changed the direction of market's development, as well as the position of main mathematical levels. Forecast from IRBIS for Thursday - further strengthening of tenge against dollar. Probability of a weak correction of dollar's rate upward exists anyway, although it's not big. Domestic market has not seen the offer volume of exporters' currency proceeds adequate to very high prices for oil at the world markets yet. [2004-03-10]