U.S. dollar market of Kazakhstan: day results

/IRBIS, Sergey Yakovlev, Andrey Tsalyuk, March 30, 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 +0.15 138.84 +0.16 - - ---------------------- -------- -------- ------ ----- ------ ----- Maximum rate 139.00 +0.26 138.84 -0.06 - - Volume on max. Price 5 -30 300 +200 0 0 ---------------------- -------- -------- ------ ----- ------ ----- Minimum rate 138.35 -0.05 138.73 +0.05 - - volume on min. Price 5 0 300 -100 0 0 ---------------------- -------- -------- ------ ----- ------ ----- Closing rate 138.85 +0.11 138.83 -0.07 - - ---------------------- -------- -------- ------ ----- ------ ----- Weight. aver. rate 138.88 +0.26 138.79 +0.01 - - Volume of the session 20780 +10400 7160 -1880 0 0 Number of deals 147 -60 43 -14 0 0 Number of participants 19 +2 14 -2 0 0 ---------------------- -------- -------- ------ ----- ------ ----- Best ask* 138.85 +0.14 138.78 -0.02 - - Best bid* 138.88 +0.14 138.83 -0.07 - - ---------------------- -------- -------- ------ ----- ------ ----- REUTERS Bid* 138.86 +0.21 138.71 -0.03 138.77 +0.08 REUTERS Ask* 138.96 +0.21 138.81 -0.03 138.82 +0.03 ------------------------------------------------------------------ * 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 ------ ------ ----- ------ ----- ------ ----- ----- ----- 139.00 5 1 5 1 10:15 10:15 138.95 4900 26 4900 26 10:46 10:50 138.94 3650 33 3650 33 10:42 10:51 138.93 200 1 200 1 10:42 10:42 138.92 1500 6 1500 6 10:40 10:52 138.91 50 1 50 1 10:41 10:41 138.90 500 4 500 4 10:40 10:53 138.89 150 2 150 2 10:55 10:56 138.88 165 3 165 3 10:55 10:58 138.87 900 5 900 5 10:39 10:59 138.86 650 3 650 3 10:39 10:59 138.85 1600 10 1600 10 10:39 10:59 138.84 650 3 300 1 950 4 10:39 11:40 138.83 600 3 1240 5 1840 8 10:37 15:30 138.82 1650 6 260 4 1910 10 10:18 15:30 138.81 1100 6 100 1 1200 7 10:21 15:26 138.80 750 5 1050 7 1800 12 10:35 15:17 138.79 350 7 910 6 1260 13 10:23 15:15 138.78 205 3 700 3 905 6 10:23 14:55 138.77 750 3 750 3 11:51 14:55 138.76 630 3 630 3 10:30 10:30 138.75 100 2 700 5 800 7 10:23 14:54 138.74 115 3 850 7 965 10 10:25 14:36 138.73 150 5 300 1 450 6 10:26 11:57 138.72 100 2 100 2 10:26 10:26 138.71 100 2 100 2 10:26 10:26 138.60 5 1 5 1 10:15 10:15 138.35 5 1 5 1 10:15 10:15 ------ ------ ----- ------ ----- ------ ----- ----- ----- TOTAL 20780 147 7160 43 27940 190 10:15 15:30 --------------------------------------------------------- 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 24, 04 Mar 25, 04 Mar 26, 04 Mar 29, 04 Mar 30, 04 ---------- ---------- ---------- ---------- ---------- ---------- Bid 3,140 13,210 4,215 3,345 2,360 Ask 2,985 5,700 8,365 3,600 4,010 ---------- ---------- ---------- ---------- ---------- ---------- Difference -155 -7,510 +4,150 +255 +1,650 ----------------------------------------------------------------- The market remained stable while traders continued positioned trades, decided not to induce dollar's corrective up movement. American currency lifted up in the morning, however sellers resumed their activities during day session and thus, disallowed consolidation at 139.00 Announcement about Bank TuranAlem raising eurobond issue to $400 m did not led to increased speculative demand for USD. Psychologically market does not perceive bullish expectations. Results of technical analysis do not reveal a unique prediction. IRBIS forecast for Tuesday - positioned trades. Attempt to consolidate at 139.00, yet hardly achievable. Most likely the month will end up with lower rate. [2004-03-30]