Volume of second tier banks' dollar purchase at KASE still grows, but tenge grows stronger

/IRBIS, Sergey Yakovlev, Andrey Tsalyuk, February 18, 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 138.50 -0.60 Maximum rate 139.20 +0.10 Volume at maximum price 5 0 Minimum rate 138.50 -0.40 Volume at minimum price 5 0 Rate of the last deal 138.97 -0.03 ---------------------------------------------------- ------ ------ Weighted average rate 138.97 -0.03 Volume of the session 20,930 -3,170 ---------------------------------------------------- ------ ------ Number of deals 151 +43 Number of participants 20 +4 Volume of unsatisfactory offer* 3,225 -725 Volume of unsatisfactory demand* 5,340 -1,365 Best demand at KASE at closing 138.96 -0.04 Best offer at KASE at closing 138.97 -0.05 ---------------------------------------------------- ------ ------ Best demand at 11:00 out of stock exchange (REUTERS) 138.92 0 Best offer at 11:00 at stock exchange (REUTERS) 139.00 -0.02 -------------------------------------------------------------------- * 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 ------ ------- -------- ----- ----- 139.20 5 1 10:15 10:15 139.05 5 1 10:19 10:19 139.03 5 1 10:19 10:19 139.02 20 2 10:19 10:19 139.01 100 1 10:19 10:19 139.00 310 18 10:15 10:21 138.99 1210 9 10:18 10:26 138.98 1255 13 10:22 10:38 138.97 17990 101 10:27 10:59 138.96 20 2 10:45 10:49 138.80 5 1 10:15 10:15 138.50 5 1 10:15 10:15 ------ ------- -------- ----- ----- TOTAL 20930 151 10:15 10:59 --------------------------------------- Today second tier banks coupled with market's support from below independently that reflects their growing interest in USD. However under the pressure of still high USD offer tenge managed to win several points from dollar. One hour after closing of the morning session out of stock exchange dollar was quoted at KZT138.92/139.00, almost two hours later - 138.83/91. At the day trades of KASE at 12:50 p.m. dollar was quoted at 138.89/91, the last deal was made at 138.90. [2004-02-18]