Dollar grows stronger at KASE during positional trade

/IRBIS, Sergey Yakovlev, Andrey Tsalyuk, July 13, 04/ - Today the next morning trades in U.S. dollar were held at Kazakhstan Stock Exchange (KASE) on TOD payment terms. Below are main parameters of the trade and comparison with corresponding indicators of previous morning session. Table of trade results (tenge per dollar, th. dollars) -------------------------------------------------------------------- Indicator Value Trend ---------------------------------------------------- ------ ------ Rate of the first deal 135.20 -0.09 Maximum rate 135.45 +0.16 Volume at maximum price 200 -680 Minimum rate 135.20 -0.06 Volume at minimum price 5 -9495 Rate of the last deal 135.44 +0.18 ---------------------------------------------------- ------ ------ Weighted average rate 135.39 +0.12 Volume of the session 3,425 -9,980 ---------------------------------------------------- ------ ------ Number of deals 54 -13 Number of participants 18 +1 Volume of unsatisfactory offer* 890 +500 Volume of unsatisfactory demand* 3,605 +1,605 Best demand at KASE at closing 135.41 +0.14 Best offer at KASE at closing 135.44 +0.15 ---------------------------------------------------- ------ ------ Best demand at 11:00 out of stock exchange (REUTERS) 135.36 +0.12 Best offer at 11:00 at stock exchange (REUTERS) 135.46 +0.13 -------------------------------------------------------------------- * volume of corresponding active bids of STB in the trade system at closing of the trade Table of trade price levels --------------------------------------- Time (ALT) ------------ Price Volume, Number ----- ----- level th. USD of deals from to ------ ------- -------- ----- ----- 135.45 200 1 10:51 10:51 135.44 115 2 10:59 10:59 135.43 200 2 10:52 10:53 135.42 400 3 10:50 10:53 135.41 500 5 10:49 10:55 135.40 640 9 10:16 10:57 135.39 300 6 10:31 10:47 135.38 150 2 10:45 10:47 135.37 200 2 10:30 10:49 135.36 70 4 10:28 10:34 135.35 365 6 10:27 10:35 135.34 150 4 10:37 10:37 135.33 65 3 10:27 10:29 135.31 65 4 10:24 10:24 ------ ------- -------- ----- ----- TOTAL 3420 53 10:16 10:59 --------------------------------------- The session was sluggish for USD offer volume had fallen abruptly. Participant made only small-volume deals. Some prevalence of demand over offer was especially visible in the second half of the session. There was no active and one-sided purchase or sale. Under these circumstances, when the market is neutral, it's subjected to the effect of local factors most of all. One hour after closing of the morning session out of stock exchange dollar was quoted at KZT135.38/49. At the day trades of KASE at 12:30 p.m. dollar was quoted at 135.41/44, the last deal was made at 135.42. [2004-07-13]