U.S. dollar market of Kazakhstan: day results

/IRBIS, Andrey Tsalyuk, September 29, 04/ - Following is the table of major indicators of Kazakhstan market for U.S. dollar 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 (dollar was traded on TOM terms at KASE then). Results of trades at Kazakhstan stock exchange ----------------------------------------------------------------------- USD TOD USD TOD USD TOM Main Additional Additional Instrument (morning) (day) (evening) KASE's session 10:15 - 11:00 ALT 11:30-15:30 14:00-18:00 Time ----------------- ------------- ------------- Indicator Value Trend Value trend value trend ---------------------- -------- ------- ------ ----- ------ ----- Opening rate 134.64 -0.05 134.51 -0.32 - - ---------------------- -------- ------- ------ ----- ------ ----- Maximum rate 134.64 -0.22 134.53 -0.30 - - Volume on max. Price 350 -2050 150 +50 0 0 ---------------------- -------- ------- ------ ----- ------ ----- Minimum rate 134.50 -0.18 134.43 -0.19 - - volume on min. Price 4490 +4440 450 -155 0 0 ---------------------- -------- ------- ------ ----- ------ ----- Closing rate 134.50 -0.33 134.48 -0.18 - - ---------------------- -------- ------- ------ ----- ------ ----- Weight. aver. rate 134.56 -0.26 134.48 -0.21 - - Volume of the session 14830 -3470 11880 -5565 0 0 Number of deals 138 +8 82 -25 0 0 Number of participants 17 -1 16 +1 0 0 ---------------------- -------- ------- ------ ----- ------ ----- Best bid* 134.50 -0.32 134.46 -0.19 - - Best ask* 134.52 -0.31 134.48 -0.18 - - ---------------------- -------- ------- ------ ----- ------ ----- REUTERS Bid* 134.47 -0.33 134.45 -0.16 134.42 -0.21 REUTERS Ask* 134.52 -0.38 134.55 -0.16 134.52 -0.21 ----------------------------------------------------------------------- * 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 ------ ------ ----- ------ ----- ------- ----- ----- ----- 134.64 350 5 350 5 10:15 10:41 134.63 150 2 150 2 10:21 10:21 134.62 1100 12 1100 12 10:16 10:41 134.61 1110 12 1110 12 10:18 10:44 134.60 980 10 980 10 10:35 10:45 134.59 2900 36 2900 36 10:45 10:49 134.58 390 7 390 7 10:50 10:50 134.57 110 3 110 3 10:51 10:51 134.55 220 4 220 4 10:51 10:52 134.54 1820 16 1820 16 10:53 10:57 134.53 110 3 150 2 260 5 10:57 11:42 134.52 150 1 350 2 500 3 10:57 11:41 134.51 950 15 950 5 1900 20 10:57 11:47 134.50 4490 12 2400 17 6890 29 10:57 15:27 134.49 2780 26 2780 26 12:04 15:22 134.48 1480 12 1480 12 12:17 15:29 134.47 600 2 600 2 12:17 12:17 134.46 400 2 400 2 13:46 14:31 134.45 2220 11 2220 11 12:17 14:50 134.44 100 1 100 1 12:17 12:17 134.43 450 2 450 2 12:17 12:48 ------ ------ ----- ------ ----- ------- ----- ----- ----- TOTAL 14830 138 11880 82 26710 220 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 Sep 23, 04 Sep 24, 04 Sep 27, 04 Sep 28, 04 Sep 29, 04 ---------- ---------- ---------- ---------- ---------- ---------- Bid 7,950 3,300 9,870 11,150 11,870 Ask 6,100 4,065 8,365 6,250 9,050 ---------- ---------- ---------- ---------- ---------- ---------- Difference -1,850 +765 -1,505 -4,900 -2,820 ---------------------------------------------------------------------- The day demonstrated all features underlying further weakening of dollar. Despite falling dollar supply and excessive tenge liquidity of banking sector dollar buyers controlled market and moved prices down. Besides objective factors some speculative trends were observed. Some traders that supported market on Tuesday were selling dollars today operating on short positions. Notable fact of the day is decreased number of net sellers and increased amount of net buyers. This fact may be considered as a first sign of market stabilization. However, all other indicators indicate about further lowering of dollar. [2004-09-29]