Market reviews and recommendations of BCC Invest JSC (Kazakhstan) analysts for October 6, 2011
06.10.11 16:01
/IRBIS, October 6, 2011/ - BCC Invest JSC has provided IRBIS
with a survey of main events, market reviews and investment
ideas for October 6, 2011.
Analysts of JSC "BCC Invest" now expect positive opening of
trades on positive external background. Further, during the day,
according to analysts, dynamics on the local market will be
mixed and multidimensional, and KASE index will end the day
with moderate growth.
Analysts of JSC "BCC Invest" expect the following
developments on international markets today:
- Today Russia is expected to publish data on
international reserves.
- Today in Britain at 13:00 (AST) will be published index of
housing prices from Halifax, at 14:30 (AST) will be
published data on the volume of loans on mortgage and
re-index of activity in the service sector, and at 17:00
(AST) Bank of England will publish the decision on key
interest rates. In Germany, at 16:00 (AST) to be
published data on industrial orders, at 17:45 (AST) will
be published the ECB's decision on the basic interest
rate.
- Today, in the United States at 18:00 (AST) will be
published consumer sentiment index from the RBC, at
18:30 (AST) to be published data on applications for
unemployment benefits, and at 19:45 (AST) - index of
consumer comfort from Bloomberg.
Analysts of BCC Invest JSC are giving the following advice
for investors in securities of issuers in internal market:
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Closing Target Potential,
Issuer Code price price % Recommen-
dation
----------------- ------- ------- ------ ---------- ---------
Kazkommertsbank KKGB 248 Review
KKGBp 148 Review
Halyk Bank HSBK 224.30 322 +43.56 Buy
Bank CenterCredit CCBN 329.39 608 +84.58 Buy
Tsesnabank TSBN 903 1,030 +14.06 Neutral
KazMunaiGaz RDGZ 12,600 15,900 +26.19 Buy
Kazakhmys PLC GB_KZMS 1,780 3,450 +93.82 Buy
ENRC PLC GB_ENRC 1,275 1,900 +49.02 Buy
Kazakhtelekom KZTK 17,600 27,500 +56.25 Buy
KZTKp 9,000 8,900 -1.11 Buy
MREK MREK 1,182 1,130 -4.40 Hold
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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. IRBIS Agency
doesn't take responsibility for the opinions which are in given material.
[2011-10-06]