Investment ideas by ASYL INVEST JSC (Kazakhstan) analysts' on November 10, 2009

/IRBIS, November 10, 09/ - ASYL INVEST JSC (Almaty) provided an overview of major events and their investment ideas and forecast to IRBIS on November 10, 2009. According to the massage the analysts of ASYL INVEST expected at international stock markets: - Overall sentiment in the markets before today's trading develops moderately positive. Asian indices show growth from one half to one-half percent, futures on the base metals show weak growth. Crude oil futures today slightly adjusted after rising yesterday's session, futures for the American indexes show little change; - Analysts of ASYL INVEST expect the positive momentum planted yesterday's auction in the United States will continue to provide a positive impact on the course of trading today, however, markets are still strongly influenced by the economic data and by corporate news; - Today isn't expected a very rich background of financial reporting. Reports of Vodafone Group, Tyco International, Unicredit SpA, Imperial Tobacco Group will be the focus of attention; - the part of economic statistics in the U.S. are data on an index of economic optimism. In Germany, there are data on the consumer price index, which will reflect the level of inflation in the country. In Britain and Japan will exist data on trade and balance of payments. - in general, at the opening of trading in Europe today, analysts of ASYL INVEST expect moderate growth and equity markets under the influence of positive investor sentiment on global stock markets, however, confidence in the continuation of the current rally in stock markets will depend on the movement of quotations in the short term. Analysts of ASYL INVEST are giving the following advice for investors - the GDR Gazprom (LSE: OGZD): on Monday, company released the results of the first half of 2009 according to IFRS, under which, the net profit for six months amounted to 305.760 million rubles, which is almost 2 times less than the same period last year. Revenues decreased by 7% compared with the first half of 2008. Small increase in revenue from gas sales to 2% due to higher average realized natural gas prices in the reporting period. In general, the data were better than analysts' expectations, which will support the Gazprom shares and ADRs in the near future. Given the emerging around the Russian stock positive background, analysts of ASYL INVEST expect that this week Gazprom ADRs can grow up to set the resistance level at around the $ 27/ADR. Trading recommendations of ASYL INVEST in securities of the company: it is recommended to buy at $ 25 and sell at $ 27. - on GDR/shares of Halyk Savings Bank of Kazakhstan (LSE: HSBK, KASE: HSBK): at present the background for the banking sector develops positive: financial incentives for economies continues at the same time, there have been signals to exit the global economy out of recession. Shares of the People's Bank unreasonably declined in price, analysts of ASYL INVEST predict a rise to the level of KTZ 280 per Share in the short term against growth of shares of European banks. Buy shares of the Bank recommended at KTZ 250 and to sell at KTZ 280. In the debt market analysts of ASYL INVEST recommend that investors pay attention to the coupon bonds KZ2CKY07B626 Tsesnabank (TSBNb2, PEFC. Yield - 25%, after. Net price - 67.3939% of face value, coupon rate - 9% pa redemption period: 08.08.2012 - 21.08.2012). Analysts of ASYL INVEST expected growth in value of securities under the influence of relatively good financial results for the 9 months of this year, and after correction of bond prices after the last transaction. According to the published financial statements of the bank an influx of deposits, customer deposits increased by 8%. Bank's profitability ratios also show a rising trend. In particular, for the 9 months of this year the bank earned a net profit of KTZ 1.8 billion compared with a net loss of KTZ 1.7 billion, in the same period of last year. 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. [2009-11-10]