Investment ideas by ASYL INVEST JSC (Kazakhstan) analysts' on September 14, 2009

14.09.09 16:10
/IRBIS, September 14, 09/ - ASYL INVEST JSC (Almaty) provided an overview of major events and their investment ideas and forecast to IRBIS on September 14, 2009. According to the massage the Analysts of ASYL INVEST expected reduction at the opening of stock indexes in Europe. Prevails over the market and technical correction after several sessions of continuous growth. May accompany this bid in Asia, which are in the negative dynamics, as well as futures on U.S. indexes traded with a decrease of about 1% today. ASYL INVEST analysts' give the following recommendations for investors: - on GDR JSC Gazprom (LSE: OGZD): the depositary receipts of the company at trades on Friday rose by 2.47% and closed at around the $ 22.78. In the course of trading securities reached the recommended level of our sales in the $ 23.00. On last Friday, the analysts of ASYL INVEST slightly changed its trading recommendations that are recommended to buy at $ 20.00, sell - at $ 23.00. Analysts of ASYL INVEST indicate that they consider their recommendations in part on profit-taking bids on Friday justified. After the close of trading on the GDR Gazprom at the trades in London, WTI crude oil showed correction and now is trading below $ 68 a barrel. (Brent - below $ 69 per bbl.). Today is expected correction on these securities, and therefore the analysts of ASYL INVEST continue recommendation to record profits. - on GDR JSC Lukoil (LSE: LKOD): the depositary receipts of the company during Friday trading on the LSE rose by 1.31% to $ 54.30. The maximum price fixed in the bidding reached $ 55.00 per GDR. Current trading recommendations ASYL INVEST in securities of the company: buy at $ 47.25, selling at $ 55.00. As well as the papers of Gazprom, analysts recommended to record profits for the GDR JSC Lukoil, on Friday. Today ASYL INVEST also expects the correction to securities of the company in response to a significant decrease in petroleum quotations and the negative external background, emerging before the opening of trading in Europe. - on GDR X5 Retail Group (LSE: FIVE): the depositary receipts of the company up to the auction on Friday showed a further increase (3.69%) and reached the mark of $ 22.50. Trading recommendations ASYL INVEST in securities of the company: buy at $ 18.00, sell - at $ 22.00. In general, analysts ASYL INVEST positive view of business of the company, but recommend to record profits at price levels higher to $ 22 per GDR. Currently, listed companies look overbought. RSI indicator signals an overbought market. Quotations several consecutive sessions traded above the upper limit of the channel Bollinger'a. Analysts of JSC ASYL INVEST for more conservative investors recommend fixed-income instruments in the bond market. Analysts of ASYL INVEST recommended to pay attention to debt KZ2C0Y05C515 AO Agricultural credit corporation (KASE: AGKKb1), assuming a sufficiently attractive rate of return to the tool (15.85%), and estimating a high level of solvency of the issuer. The given material has exclusively information character and is not the offer or the recommendation to make any transactions with the stocks. Agency Irbis doesn't take responsibility for the opinions which are in given material. [2009-09-14]