U.S. dollar market of Kazakhstan: day results

/IRBIS, Sergey Yakovlev, April 8, 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 ------------------------------------------------------------------ USD TOD USD TOD USD TOM Main Additional Additional Instrument (morning) (day) (evening) KASE's session 10:15 - 11:00 ALT 11:30-15:30 14:00-18:00 ----------------- ------------ ------------ Time -------- -------- ------ ----- ------ ----- Indicator Value Trend Value trend value trend ---------------------- -------- -------- ------ ----- ------ ----- Opening rate 138.20 +0.20 138.10 -0.19 - - ---------------------- -------- -------- ------ ----- ------ ----- Maximum rate 138.40 0 138.16 -0.16 - - Volume on max. Price 5 0 500 -100 0 0 ---------------------- -------- -------- ------ ----- ------ ----- Minimum rate 138.12 +0.12 138.10 -0.15 - - volume on min. Price 770 +765 200 -100 0 0 ---------------------- -------- -------- ------ ----- ------ ----- Closing rate 138.12 -0.15 138.15 -0.13 - - ---------------------- -------- -------- ------ ----- ------ ----- Weight. aver. rate 138.15 -0.13 138.14 -0.15 - - Volume of the session 66405 +27575 3985 -2705 0 0 Number of deals 157 -74 38 -7 0 0 Number of participants 20 -2 14 +1 0 0 ---------------------- -------- -------- ------ ----- ------ ----- Best ask* 138.12 -0.15 138.14 -0.14 - - Best bid* 138.14 -0.14 138.15 -0.15 - - ---------------------- -------- -------- ------ ----- ------ ----- REUTERS Bid* 138.08 -0.19 138.04 -0.18 138.05 -0.17 REUTERS Ask* 138.18 -0.16 138.16 -0.16 138.15 -0.17 ------------------------------------------------------------------ * 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 ------------------------ Morning Day ------ ----- ----------- Session: session: time (ALT): ------------ ------------ ----------- Price ------ ----- level volume deals volume deals volume deals from to ------ ------ ----- ------ ----- ------ ----- ----- ----- 138.40 5 1 5 1 10:15 10:15 138.25 60 3 60 3 10:17 10:25 138.24 50 2 50 2 10:25 10:26 138.22 60 2 60 2 10:26 10:26 138.21 100 2 100 2 10:26 10:26 138.20 1165 6 1165 6 10:15 10:28 138.17 100 2 100 2 10:28 10:28 138.16 50 1 500 3 550 4 10:28 14:49 138.15 56230 70 2450 18 58680 88 10:27 15:29 138.14 5395 46 250 1 5645 47 10:33 14:55 138.13 2420 15 365 8 2785 23 10:33 14:16 138.12 770 7 100 1 870 8 10:59 14:12 138.11 120 4 120 4 12:26 14:12 138.10 200 3 200 3 12:24 14:06 ------ ------ ----- ------ ----- ------ ----- ----- ----- TOTAL 66405 157 3985 38 70390 195 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 Apr 2, 04 Apr 5, 04 Apr 6, 04 Apr 7, 04 Apr 8, 04 ---------- --------- --------- --------- --------- --------- Bid 3,740 4,575 3,800 6,680 9,345 Ask 2,310 2,550 7,625 5,345 3,605 ---------- --------- --------- --------- --------- --------- Difference -1,430 -2,025 +3,825 -1,335 -5,740 ------------------------------------------------------------ Another day at US dollar market encouraged currency operators to increase the volume of USD offered for sale. Absence of adequate demand from medium banks coupled with high offer volume prompted central bank to intervene and support the dollar at 138.12. Having realized that speculative operations are impossible, traders reduced its short positions afternoon, which led market to points achieved earlier. However, it did not affect the market. Technical analysis suggests that support level approaches 138.05 due to slope of main price channel. IRBIS forecast for Friday: tenge further appreciation. [2004-04-08]