U.S. dollar market of Kazakhstan: day results

/IRBIS, Sergey Yakovlev, May 24, 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 Time (morning) (day) (evening) 10:15 - 11:00 ALT 11:30-15:30 14:00-18:00 ----------------- ------------- ------------- Indicator Value Trend Value trend value trend ---------------------- -------- ------- ------ ----- ------ ----- Opening rate 136.50 +0.14 136.77 +0.30 - - ---------------------- -------- ------- ------ ----- ------ ----- Maximum rate 136.78 +0.28 136.86 +0.21 - - Volume on max. Price 15 +10 2000 +1500 0 0 ---------------------- -------- ------- ------ ----- ------ ----- Minimum rate 136.50 +0.17 136.74 +0.34 - - volume on min. Price 5 0 600 -1405 0 0 ---------------------- -------- ------- ------ ----- ------ ----- Closing rate 136.74 +0.30 136.86 +0.21 - - ---------------------- -------- ------- ------ ----- ------ ----- Weight. aver. rate 136.75 +0.34 136.81 +0.32 - - Volume of the session 7705 +3640 8330 -2970 0 0 Number of deals 76 +41 30 -37 0 0 Number of participants 17 +2 17 +4 0 0 ---------------------- -------- ------- ------ ----- ------ ----- Best ask* 136.71 +0.27 136.80 +0.20 - - Best bid* 136.74 +0.29 136.86 +0.20 - - ---------------------- -------- ------- ------ ----- ------ ----- REUTERS Bid* 136.64 +0.24 136.83 +0.35 136.82 +0.16 REUTERS Ask* 136.74 +0.24 136.93 +0.35 136.92 +0.14 ----------------------------------------------------------------------- * 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 ------ ------ ----- ------ ----- ------- ----- ----- ----- 136.86 2000 6 2000 6 14:20 15:29 136.85 200 1 200 1 14:20 14:20 136.84 100 1 100 1 14:20 14:20 136.83 100 1 100 1 14:02 14:02 136.82 2300 3 2300 3 12:56 13:45 136.81 390 3 390 3 11:56 12:56 136.79 550 3 550 3 11:55 12:42 136.78 15 2 1650 7 1665 9 10:42 12:22 136.77 3435 25 40 1 3475 26 10:55 11:54 136.76 320 8 300 1 620 9 10:44 12:40 136.75 1625 16 100 1 1725 17 10:41 12:27 136.74 1435 10 600 2 2035 12 10:47 12:27 136.72 500 3 500 3 10:40 10:40 136.70 20 3 20 3 10:15 10:39 136.66 100 1 100 1 10:33 10:33 136.65 60 2 60 2 10:28 10:32 136.63 150 1 150 1 10:31 10:31 136.62 10 1 10 1 10:28 10:28 136.60 10 1 10 1 10:28 10:28 136.59 10 1 10 1 10:28 10:28 136.57 10 1 10 1 10:21 10:21 136.50 5 1 5 1 10:15 10:15 ------ ------ ----- ------ ----- ------- ----- ----- ----- TOTAL 7705 76 8330 30 16035 106 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 18, 04 May 19, 04 May 20, 04 May 21, 04 May 24, 04 ---------- ---------- ---------- ---------- ---------- ---------- Bid 4,760 7,365 2,595 8,755 3,165 Ask 4,435 6,485 4,000 6,045 2,475 ---------- ---------- ---------- ---------- ---------- ---------- Difference -325 -880 +1,405 -2,710 -690 ---------------------------------------------------------------------- Another readjustment course developed at local market of US dollar. Exporters' offer declined sharply today while demand for the greenback on the part of banks and bank clients increased. As a result the market has encountered good prerequisites for a deep dollar appreciation. The market turned around already in the first half of the day. It is worth noting that speculative expectations of traders were virtually absent. In IRBIS analysts' opinions, tomorrow the market will be in search for equilibrium of prices close to last quotes of today's day session. The dollar is likely to gain back additional points. According to technical analysis, price may go up till 137.40. IRBIS forecast for Tuesday: achieved rates remain valid for tomorrow trades. [2004-05-24]