U.S. dollar market of Kazakhstan: day results

/IRBIS, Sergey Yakovlev, Andrey Tsalyuk, May 19, 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 136.43 -0.57 136.45 -0.38 - - ---------------------- -------- ------- ------ ----- ------ ----- Maximum rate 136.49 -0.51 136.45 -0.41 - - Volume on max. Price 25 +20 4620 +4320 0 0 ---------------------- -------- ------- ------ ----- ------ ----- Minimum rate 136.40 -0.25 136.43 -0.08 - - volume on min. Price 5 0 200 -375 0 0 ---------------------- -------- ------- ------ ----- ------ ----- Closing rate 136.45 -0.31 136.43 -0.08 - - ---------------------- -------- ------- ------ ----- ------ ----- Weight. aver. rate 136.45 -0.25 136.45 -0.21 - - Volume of the session 45705 +36240 7520 -3175 0 0 Number of deals 137 +17 41 -17 0 0 Number of participants 17 -3 13 -3 0 0 ---------------------- -------- ------- ------ ----- ------ ----- Best ask* 136.45 -0.31 136.43 -0.08 - - Best bid* 136.46 -0.31 136.45 -0.09 - - ---------------------- -------- ------- ------ ----- ------ ----- REUTERS Bid* 136.40 -0.33 136.41 -0.09 136.41 -0.09 REUTERS Ask* 136.50 -0.33 136.51 -0.09 136.51 -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 ------ ------ ----- ------ ----- ------- ----- ----- ----- 136.49 25 2 25 2 10:17 10:28 136.48 1500 12 1500 12 10:25 10:29 136.47 950 7 950 7 10:25 10:32 136.46 420 4 420 4 10:24 10:29 136.45 41695 98 4620 30 46315 128 10:22 15:13 136.44 710 6 2700 9 3410 15 10:20 15:22 136.43 100 2 200 2 300 4 10:16 15:23 136.42 100 2 100 2 10:16 10:19 136.41 200 3 200 3 10:16 10:17 136.40 5 1 5 1 10:17 10:17 ------ ------ ----- ------ ----- ------- ----- ----- ----- TOTAL 45705 137 7520 41 53225 178 10:16 15:23 ------------------------------------------------------------------ Parameters of unsatisfied demand and supply at trading system of KASE for the last 5 days (the amount of valid bids by the time of morning and day trades closed, th. USD) ---------------------------------------------------------------------- Indicator May 13, 04 May 14, 04 May 17, 04 May 18, 04 May 19, 04 ---------- ---------- ---------- ---------- ---------- ---------- Bid 10,650 4,135 13,520 4,760 7,365 Ask 7,120 8,850 795 4,435 6,485 ---------- ---------- ---------- ---------- ---------- ---------- Difference 10,650 +4,715 -12,725 -325 -880 ---------------------------------------------------------------------- Kazakhstan market of US dollar recovered from a stagnation. Compared to yesterday's trades American currency offer went up rapidly. Second- tier banks today focused both on sale and purchase of the greenback. Contrary to previous days, some of most active participants ended up with prevailing volume of purchase on net position. It therefore allows to conclude that traders speculated today. The number of active USD net sellers whose positions exceeded 3 million, turned out to be two times more than net sellers with same volumes. As a result the dollar lacked opportunities to appreciate in the course of trades. Still, during day session the market took stable path due to locking in profits on short positions. Trade results reveal that market participant largely support the general trend of tenge appreciation, though capable of invoking short-term readjustment course. IRBIS forecast for Thursday remains the same: tenge appreciates. [2004-05-19]