U.S. dollar market of Kazakhstan: day results

/IRBIS, Sergey Yakovlev, May 20, 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) 10:15 - 11:00 ALT 11:30-15:30 14:00-18:00 KASE's session ----------------- ------------- ------------- Time -------- ------- ------ ----- ------ ----- Indicator Value Trend Value trend value trend ---------------------- -------- ------- ------ ----- ------ ----- Opening rate 136.50 +0.07 136.45 0 - - ---------------------- -------- ------- ------ ----- ------ ----- Maximum rate 136.50 +0.01 136.56 +0.11 - - Volume on max. Price 5 -20 300 -4320 0 0 ---------------------- -------- ------- ------ ----- ------ ----- Minimum rate 136.21 -0.19 136.34 -0.09 - - volume on min. Price 5 0 1800 +1600 0 0 ---------------------- -------- ------- ------ ----- ------ ----- Closing rate 136.43 -0.02 136.40 -0.03 - - ---------------------- -------- ------- ------ ----- ------ ----- Weight. aver. rate 136.35 -0.10 136.42 -0.03 - - Volume of the session 11790 -33915 7145 -375 0 0 Number of deals 57 -80 36 -5 0 0 Number of participants 14 -3 17 +4 0 0 ---------------------- -------- ------- ------ ----- ------ ----- Best ask* 136.43 -0.02 136.35 -0.08 - - Best bid* 136.50 +0.04 136.39 -0.06 - - ---------------------- -------- ------- ------ ----- ------ ----- REUTERS Bid* 136.41 +0.01 136.30 -0.11 136.33 -0.08 REUTERS Ask* 136.51 +0.01 136.40 -0.11 136.43 -0.08 ----------------------------------------------------------------------- * 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: TOTAL BY RESULTS OF THE DAY: Morning Day ---------------------------- Morning Day ------- ----- ------------ Session: session: time (ALT): ------------- ------------- ------------ Price ------ ----- level volume Deals volume deals volume deals from to ------ ------ ----- ------ ----- ------- ----- ----- ----- 136.56 300 1 300 1 11:55 11:55 136.54 100 1 100 1 11:47 11:47 136.53 300 1 300 1 11:44 11:44 136.52 100 1 100 1 11:44 11:44 136.50 5 1 500 2 505 3 10:15 12:18 136.49 305 2 305 2 11:40 12:38 136.47 250 3 250 3 11:39 11:40 136.45 300 1 300 1 11:35 11:35 136.44 250 1 250 1 14:20 14:20 136.43 500 1 1690 11 2190 12 10:59 14:32 136.42 500 1 500 1 10:59 10:59 136.41 600 2 600 2 10:59 10:59 136.40 550 3 500 2 1050 5 10:59 15:29 136.39 1100 2 50 1 1150 3 10:58 14:44 136.38 500 1 300 1 800 2 10:58 14:44 136.37 500 1 500 1 10:57 10:57 136.36 500 1 500 1 10:57 10:57 136.35 205 3 400 2 605 5 10:21 14:45 136.34 1020 3 1800 6 2820 9 10:32 15:19 136.33 965 7 965 7 10:22 10:53 136.32 305 4 305 4 10:30 10:41 136.31 3735 22 3735 22 10:34 10:39 136.30 800 4 800 4 10:34 10:34 136.21 5 1 5 1 10:15 10:15 ------ ------ ----- ------ ----- ------- ----- ----- ----- TOTAL 11790 57 7145 36 18935 93 10:15 15:29 ------------------------------------------------------------------ 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 14, 04 May 17, 04 May 18, 04 May 19, 04 May 20, 04 ---------- ---------- ---------- ---------- ---------- ---------- Bid 4,135 13,520 4,760 7,365 2,595 Ask 8,850 795 4,435 6,485 4,000 ---------- ---------- ---------- ---------- ---------- ---------- Difference +4,715 -12,725 -325 -880 +1,405 ---------------------------------------------------------------------- Kazakhstan US dollar market retains tenge appreciating trend. Fundamental factors prevailing at market disallow dollar to go up. National bank's presence and speculative demand for US dollar are two only factors that may induce short-term readjustment course. Insignificant predominance of demand right before the end of the main session made the market turn around when dollar price exceeded 136.35. However, the trend failed to develop further and market fell down again as banks still hold short positions being reluctant to close them in the nearest future. IRBIS forecast for Friday: tenge appreciation. [2004-05-20]