U.S. dollar market of Kazakhstan: day results

/IRBIS, Sergey Yakovlev, Andrey Tsalyuk, April 2, 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 138.30 -0.20 138.50 -0.34 - - ---------------------- -------- ------- ------ ----- ------ ----- Maximum rate 138.93 -0.22 138.57 -0.33 - - Volume on max. Price 5 0 200 -200 0 0 ---------------------- -------- ------- ------ ----- ------ ----- Minimum rate 138.30 -0.20 138.50 -0.31 - - volume on min. Price 5 0 700 +350 0 0 ---------------------- -------- ------- ------ ----- ------ ----- Closing rate 138.50 -0.38 138.55 -0.28 - - ---------------------- -------- ------- ------ ----- ------ ----- Weight. aver. rate 138.61 -0.31 138.54 -0.30 - - Volume of the session 8415 +585 7720 -1180 0 0 Number of deals 140 +4 42 -18 0 0 Number of participants 19 +2 14 -2 0 0 ---------------------- -------- ------- ------ ----- ------ ----- Best ask* 138.45 -0.40 138.54 -0.27 - - Best bid* 138.50 -0.41 138.55 -0.28 - - ---------------------- -------- ------- ------ ----- ------ ----- REUTERS Bid* 138.42 -0.43 138.46 -0.31 138.47 -0.29 REUTERS Ask* 138.48 -0.47 138.56 -0.26 138.55 -0.26 ----------------------------------------------------------------------- * 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 ------ ------ ----- ------ ----- ------- ----- ----- ----- 138.93 5 1 5 1 10:15 10:15 138.80 5 1 5 1 10:15 10:15 138.69 1500 27 1500 27 10:34 10:48 138.68 60 3 60 3 10:42 10:48 138.67 150 2 150 2 10:49 10:49 138.66 475 8 475 8 10:32 10:52 138.65 480 10 480 10 10:18 10:53 138.64 270 7 270 7 10:53 10:53 138.63 365 9 365 9 10:30 10:55 138.62 835 7 835 7 10:54 10:55 138.61 555 15 555 15 10:19 10:55 138.60 900 11 900 11 10:18 10:56 138.59 160 3 160 3 10:56 10:56 138.58 245 6 245 6 10:56 10:56 138.57 410 8 200 1 610 9 10:57 11:49 138.56 790 8 200 1 990 9 10:57 11:49 138.55 710 5 3750 11 4460 16 10:58 15:29 138.54 1300 9 1300 9 12:22 15:29 138.53 210 3 1000 8 1210 11 10:59 15:26 138.52 100 1 470 3 570 4 10:59 12:33 138.51 45 2 100 1 145 3 10:59 11:45 138.50 140 2 700 8 840 10 10:59 12:46 138.30 5 1 5 1 10:15 10:15 ------ ------ ----- ------ ----- ------- ----- ----- ----- TOTAL 8415 140 7720 42 16135 182 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 29, 04 Mar 30, 04 Mar 31, 04 Apr 1, 04 Apr 2, 04 ---------- ---------- ---------- ---------- --------- --------- Bid 3,345 2,360 11,105 4,985 3,740 Ask 3,600 4,010 3,140 1,500 2,310 ---------- ---------- ---------- ---------- --------- --------- Difference +255 +1,650 -7,965 -3,485 -1,430 -------------------------------------------------------------------- According to day results, the market registered tenge rise. Though trades were somewhat sluggish. Passivity could easily be observed at all sessions and interbank market, where dollar quotes almost exactly followed exchange's rate. To all appearances, traders are cautiously assessing dollar's potential in short-term perspective. Therefore, it is unlikely that greenback will go up on Monday. However, support of lower levels by central bank was absent either during the whole week. Market can be characterized by presence of supply and demand parity. IRBIS forecast for Monday: different directions are equally possible: either up and down. [2004-04-02]