U.S. dollar market of Kazakhstan: day results

/IRBIS, Andrey Tsalyuk, September 30, 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) 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 134.35 -0.29 134.29 -0.22 - - ---------------------- -------- ------- ------ ----- ------ ----- Maximum rate 134.36 -0.28 135.29 +0.76 - - Volume on max. Price 50 -300 500 +350 0 0 ---------------------- -------- ------- ------ ----- ------ ----- Minimum rate 134.28 -0.22 134.29 -0.14 - - volume on min. Price 1050 -3440 350 -100 0 0 ---------------------- -------- ------- ------ ----- ------ ----- Closing rate 134.29 -0.21 134.48 0 - - ---------------------- -------- ------- ------ ----- ------ ----- Weight. aver. rate 134.30 -0.26 134.43 -0.05 - - Volume of the session 26580 +11750 8870 -3010 0 0 Number of deals 85 -53 47 -35 0 0 Number of participants 17 0 18 +2 0 0 ---------------------- -------- ------- ------ ----- ------ ----- Best bid* 134.27 -0.23 134.44 -0.02 - - Best ask* 134.30 -0.22 134.50 +0.02 - - ---------------------- -------- ------- ------ ----- ------ ----- REUTERS Bid* 134.22 -0.25 134.45 0 134.37 -0.05 REUTERS Ask* 134.32 -0.20 134.51 -0.04 134.42 -0.10 ----------------------------------------------------------------------- * 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 ------- ----- ------------ Session: session: time (ALT): ------------- ------------- ------------ Price ------ ----- Level volume Deals volume deals volume deals from to ------ ------ ----- ------ ----- ------- ----- ----- ----- 135.29 500 1 500 1 12:30 12:30 134.48 300 1 300 1 15:25 15:25 134.47 300 2 300 2 15:25 15:25 134.46 100 1 100 1 15:25 15:25 134.45 500 3 500 3 15:08 15:19 134.42 300 1 300 1 14:49 14:49 134.41 1200 4 1200 4 14:45 14:48 134.39 800 2 800 2 14:30 14:30 134.38 600 4 600 4 14:01 14:29 134.37 1200 11 1200 11 14:00 14:20 134.36 50 1 1520 8 1570 9 10:30 14:16 134.35 500 6 100 1 600 7 10:18 13:53 134.34 450 5 100 1 550 6 10:19 13:40 134.33 300 5 350 2 650 7 10:23 12:30 134.32 200 3 300 1 500 4 10:32 12:27 134.31 2200 14 50 1 2250 15 10:35 12:25 134.30 20010 35 300 1 20310 36 10:36 12:25 134.29 1820 11 350 2 2170 13 10:54 12:10 134.28 1050 5 1050 5 10:44 10:46 ------ ------ ----- ------ ----- ------- ----- ----- ----- TOTAL 26580 85 8870 47 35450 132 10:18 15:25 ------------------------------------------------------------------ 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 24, 04 Sep 27, 04 Sep 28, 04 Sep 29, 04 Sep 30, 04 ---------- ---------- ---------- ---------- ---------- ---------- Bid 3,300 9,870 11,150 11,870 3,610 Ask 4,065 8,365 6,250 9,050 7,420 ---------- ---------- ---------- ---------- ---------- ---------- Difference +765 -1,505 -4,900 -2,820 +3,810 ---------------------------------------------------------------------- Market conditions varied throughout the day. In the afternoon tenge growth potential looked rather impressive. However, in the evening some traders began closing short positions. As a results, dollar gained lost points. IRBIS suggests that dollar growth in the evening was caused by speculative activity of traders. Thus it cannot be considered as a signal for another one market turn point. Banks were buying dollar mostly for tomorrow purchases. At the same time, end of the month (and the quarter) developments could change balance of demand and supply. IRBIS forecast on Friday - positional trades on the reached levels. Both outcomes are possible. Most probable is further tenge strengthening. [2004-09-30]