/IRBIS, September 6, 2010/ -BTA Bank JSC subsidiary BTA Securities (BTA Securities, Almaty) has provided IRBIS with a survey of main events, Forecasts and Investment ideas for September 6, 2010.

According to the report, the company analysts expect today:

- Today trading in Europe, most likely, will take place in a moderately positive manner. U.S. markets closed last Friday, a significant increase in major indices due to the positive values of U.S. economic statistics on employment. Asian markets are now responding positively to developments in the U.S., demonstrating a fairly strong positive momentum.

- The market for metals today increases, copper in Shanghai increases in price by more than 0.8%. Fuels market speculation that, confirmed by the figures of last week on China and the U.S., economic growth will lead to increased global demand for metals. Oil quotes yet traded in the red zone with a moderate decline.

- European currencies this morning once again demonstrate the uncertain, the lateral dynamics. A day earlier courses entrenched on increasing investor demand for risky assets.

- Today, some impact on the stock market and currencies will provide economic statistics for the Euro zone. In view of the celebration of Labor Day, U.S. markets will be closed. In Europe today there are data on an index of investor confidence for September. Expected growth in the indicator.

Analysts of BTA Securities give the following advice for investors in securities of issuers in Kazakhstan:

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                           Stock    Final Target price Recom     Potential
Emitter                    Exch     price    2010 year mendation % percent
                           ange
-------------------------- ----- -------- ------------ --------- ---------
Banks
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KAZKOMMERTSBANK-GDR        LSE        5.3          9.8 Buy             +85
KAZKOMMERTSBANK            KASE     388.0        728.3 Buy             +88
KAZKOMMERTSBANK -PREF      KASE     242.0        388.5 Buy             +61
HALYK BANK-GDR             LSE        8.4         10.5 Buy             +26
HALYK BANK                 KASE     313.0        377.5 Buy             +21
HALYK BANK -PREF (HSBKP)   KASE     186.0        189.0 Hold             +1
HALYK BANK -PREF1 (HSBKP1) KASE     171.0        189.0 Hold            +10
BANK CENTER CREDIT         KASE     548.0      1,531.0 Buy            +179
-------------------------- ----- -------- ------------ --------- ---------
Oil and Gaz:
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KAZKMUNAIGAZ-GDR           LSE       17.8         30.1 Buy             +69
KAZKMUNAIGAZ               KASE  15,900.0     27,108.0 Buy             +70
BMB MUNAI                  AMEX      0.59         2.54 Buy            +330
-------------------------- ----- -------- ------------ --------- ---------
Metallurgy:
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KAZAKHMYS PLC              LSE    1,285.0      1,427.0 Hold            +11
ENRC                       LSE      885.0      1,216.0 Buy             +37
KAZAKHGOLD-GDR             LSE        4.1          7.0 Buy             +72
URANIUM ONE                LSE        3.5          3.3 Hold             -5
-------------------------- ----- -------- ------------ --------- ---------
Companies with small capital:
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KAZAKTELECOM               KASE  14,020.0     22,825.0 Buy            +141
STEPPE CEMENT              LSE       49.5        120.9 Buy            +144
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The given material has exclusively information character and is not the offer or recommendation to make any transactions with the stocks. Agency Irbis doesn't take responsibility for the opinions which are in given material.

[2010-09-06]