Dollar is strong at KASE due to local big demand

/IRBIS, Sergey Yakovlev, July 26, 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 135.00 0 Maximum rate 135.77 +0.27 Volume at maximum price 750 +745 Minimum rate 135.00 0 Volume at minimum price 5 0 Rate of the last deal 135.75 +0.42 ---------------------------------------------------- ------ ------ Weighted average rate 135.67 +0.35 Volume of the session 17,655 +6,100 ---------------------------------------------------- ------ ------ Number of deals 133 -5 Number of participants 19 +4 Volume of unsatisfactory offer* 5,365 +4,245 Volume of unsatisfactory demand* 3,295 +855 Best demand at KASE at closing 135.73 +0.40 Best offer at KASE at closing 135.75 +0.41 ---------------------------------------------------- ------ ------ Best demand at 11:00 out of stock exchange (REUTERS) 135.66 +0.37 Best offer at 11:00 at stock exchange (REUTERS) 135.76 +0.37 -------------------------------------------------------------------- *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 ------ ------- -------- ----- ----- 135.77 750 9 10:58 10:59 135.76 625 5 10:57 10:59 135.75 1600 8 10:52 10:59 135.74 1195 9 10:54 10:55 135.73 845 8 10:53 10:55 135.70 705 3 10:52 10:52 135.69 50 1 10:51 10:51 135.68 100 2 10:51 10:51 135.67 1030 7 10:37 10:50 135.66 3430 19 10:36 10:49 135.65 4145 37 10:35 10:45 135.64 500 3 10:35 10:35 135.62 1000 1 10:33 10:33 135.60 5 1 10:23 10:23 135.59 100 2 10:33 10:33 135.58 220 3 10:28 10:33 135.57 50 1 10:28 10:28 135.56 165 2 10:26 10:26 135.55 600 2 10:27 10:27 135.52 200 2 10:26 10:27 135.50 10 2 10:15 10:23 135.48 100 2 10:22 10:23 135.45 200 1 10:20 10:20 135.41 25 2 10:17 10:18 135.00 5 1 10:15 10:15 ------ ------- -------- ----- ----- TOTAL 17655 133 10:15 10:59 --------------------------------------- On the first trading day of the week dollar strengthened its positions having won 35 points from tenge. Results of the trade evidence that demand of most STB for USD preserved its parameters. Analysis of banks disposition lets say that today's abrupt growth of USD rate was caused by local high demand of one participant. As the whole during the morning trades participants were not traditionally active. However dynamics of the trade is still formed by the offer. One hour after closing of the morning session out of stock exchange dollar was quoted at KZT135.67/77. At the day trades of KASE at 12:28 p.m. dollar was quoted at 135.71/77, the last deal was made at 135.76. [2004-07-26]