Results of trades in US dollar in the morning (main) session of KASE on April 28

/IRBIS, Sergey Yakovlev, Andrey Tsalyuk, April 28, 06/ - 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. Table of trade results (tenge per dollar, th. dollars) ---------------------------------------------------------------------- Indicator Value Trend ---------------------------------------------------- ------- ------- Rate of the first deal 124.10 +0.60 Maximum rate 125.00 +0.60 Volume at maximum price 5 0 Minimum rate 124.10 +0.60 Volume at minimum price 1005 +1000 Rate of the last deal 124.46 +0.27 ---------------------------------------------------- ------- ------- Weighted average rate 124.42 +0.31 Volume of the session 52 395 -12 915 ---------------------------------------------------- ------- ------- Number of deals 262 +34 Number of participants 20 -1 Volume of unsatisfied offer* 11 365 +6 515 Volume of unsatisfied demand* 4 750 -550 Best demand on KASE at closing 124.46 +0.36 Best offer on KASE at closing 124.46 +0.27 ---------------------------------------------------- ------- ------- Best demand at 11:00 out of stock exchange (REUTERS) 124..39 +0.30 Best offer at 11:00 out of stock exchange (REUTERS) 124.44 +0.28 ---------------------------------------------------------------------- * 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 ------ ------- -------- ----- ----- 125.00 5 1 10:34 10:34 124.69 850 5 10:37 10:38 124.68 4950 19 10:37 10:39 124.67 2010 6 10:38 10:39 124.65 1450 13 10:36 10:40 124.64 515 4 10:36 10:37 124.63 500 2 10:36 10:36 124.61 500 1 10:36 10:36 124.60 2275 10 10:35 10:40 124.58 150 1 10:42 10:42 124.55 600 6 10:34 10:54 124.54 400 4 10:34 10:54 124.52 120 2 10:54 10:55 124.51 200 2 10:34 10:34 124.50 5000 15 10:15 10:58 124.49 1865 14 10:33 10:56 124.48 4245 22 10:32 10:59 124.47 350 6 10:47 10:55 124.46 750 7 10:48 11:00 124.45 1000 5 10:42 10:43 124.44 1550 3 10:43 10:47 124.43 105 2 10:47 10:47 124.41 100 1 10:43 10:43 124.40 4150 10 10:31 10:51 124.39 955 6 10:31 10:46 124.38 400 3 10:31 10:31 124.37 400 3 10:29 10:31 124.36 200 2 10:31 10:31 124.35 600 2 10:29 10:44 124.34 300 1 10:29 10:29 124.32 100 1 10:29 10:29 124.30 1700 6 10:27 10:29 124.29 800 3 10:27 10:29 124.28 100 1 10:27 10:27 124.27 600 3 10:27 10:27 124.26 150 1 10:27 10:27 124.25 100 1 10:26 10:26 124.24 650 3 10:26 10:27 124.23 300 2 10:26 10:26 124.22 200 2 10:26 10:26 124.21 200 2 10:25 10:27 124.20 3050 15 10:25 10:26 124.19 700 6 10:22 10:25 124.18 730 4 10:21 10:25 124.17 445 4 10:21 10:25 124.16 150 2 10:21 10:21 124.15 405 4 10:15 10:24 124.13 150 2 10:18 10:21 124.12 865 6 10:15 10:20 124.11 3500 14 10:15 10:20 124.10 1005 2 10:15 10:15 ------ ------- -------- ----- ----- TOTAl 52395 262 10:15 11:00 --------------------------------------- Today market was more predisposed to growth of USD rate than within several previous days. On analysts' opinions of IRBIS it was connected not much with decrease of volume of USDoffering as with changing of disposition of banks on KASE. The number of net - sellers of American currency increased and surpassed the number of net -purchasers. However, there were two actual markets -makers in one group from amongst STB (in general, IRBIS points out 4 banks in the given category of participants), and four banks leaved out the trades with zero net. The results of analysis of session let IRBIS speak of changes in market, which can temporarily support development of USD correction movement rate up. Exactly these changes made two leading operators change their positions on trades, and four operators reconsider positions in the trades processing. As reasons influenced on behavior of traders should be mentioned as follows: USD on the world market significantly yields to Euro what, particularly, was noted within two recent days. The period of budget payments in Kazakhstan comes to the end. The necessity of banks and their clients in tenge somehow decreased that, in general, is characteristic for these numbers of month. Besides, high deposits rates of dollars in the motherland of American currency could summon up additional demand for USD before long weekend. Summing up all aforementioned, IRBIS is awaiting for prolongation of USD gradual rate growth in the afternoon market. However, it's evident that the case is in temporary correction movement, which can be lasting till the middle of the second decade of May at best. The results of technical analysis verify of working fluctuations of rate within frameworks of price correction channel. At the day trades of KASE at 12:38 p.m. dollar was quoted at 124.39/41, the last deal was made at 124.40. By mentioned time volume of exchange's transactions reached $24.1 m. Out of stock exchange dollar was quoted at 124.38/43. [2006-04-28]