/IRBIS, Sergey Yakovlev, September 6, 05/ - Today the next morning trades in U.S. dollar were held on Kazakhstan stock exchange (KASE) on TOD payment terms. Below are main parameters of the trade and comparison with corresponding indicators of previous morning session. Dollar was traded on TOM payment terms then.

Table of trade results (tenge per dollar, th. dollars)

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Indicator                                              Value   Trend
----------------------------------------------------  ------  ------
Rate of the first deal                                134.60   -0.40
Maximum rate                                          134.84   -0.36
Volume at maximum price                                    5       0
Minimum rate                                          134.60   -0.20
Volume at minimum price                                    5       0
Rate of the last deal                                 134.67   -0.35
----------------------------------------------------  ------  ------
Weighted average rate                                 134.70   -0.31
Volume of the session                                 15,635  -6,040
----------------------------------------------------  ------  ------
Number of deals                                          108     +26
Number of participants                                    19      +5
Volume of unsatisfied offer*                           9,195    +805
Volume of unsatisfied demand*                          2,800    -410
Best demand on KASE at closing                        134.66   -0.35
Best offer on KASE at closing                         134.68   -0.34
----------------------------------------------------  ------  ------
Best demand at 11:00 out of stock exchange (REUTERS)  134.62   -0.33
Best offer at 11:00 out of stock exchange (REUTERS)   134.72   -0.33
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*volume of corresponding active bids of STB in the trade system 
 at closing of the trade

Table of trade price levels

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                             Time (ALT)
Price   Volume,    Number  ------------
level   th. USD  of deals   from     to
------  -------  --------  -----  -----
134.84        5         1  10:15  10:15
134.80        5         1  10:15  10:15
134.76      300         1  10:28  10:28
134.75     1200         2  10:28  10:28
134.74      800         3  10:28  10:29
134.73      300         3  10:28  10:29
134.72     1850         6  10:26  10:29
134.71      450         4  10:25  10:29
134.70     1085        12  10:19  10:30
134.69      700        10  10:20  10:32
134.68     5485        45  10:23  10:51
134.67     3450        19  10:23  10:59
134.60        5         1  10:15  10:15
------  -------  --------  -----  -----
TOTAL     15635       108  10:15  10:59
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Today participants activity considerably grew although volume of made deals fell. Market's conjuncture was formed under the influence of unsatisfied demand and active positional trade. Today STBs, which were offering dollar, in the initial phase of the session raised the rate to 134.76, but further growth of sales volume resulted in growth of dollar offer over demand, that was the main reason of tenge strengthening. As the whole it's possible to say that the existing demand, in case of breaking the technical support level 135.00, reflects interest of most traders in purchasing dollar at a lower rate, that positively influences upon tenge.

One hour after closing of the morning session out of stock exchange dollar was quoted at KZT134.33/41, one hour and a half later - 134.22/29. At the day trades of KASE at 12:30 p.m. dollar was quoted at 134.26/30, the last deal was made at 134.30.

[2005-09-06]