Investment ideas by ASYL INVEST JSC (Kazakhstan) analysts' on November 23, 2009

/IRBIS, November 23, 09/ - ASYL INVEST JSC (Almaty) provided an overview of major events and their investment ideas and forecast to IRBIS on November 23, 2009. According to the massage the analysts of ASYL INVEST expected at international stock markets: - by results of trades on Friday, most global stock indices closed lower quotes on a background of uncertainty of investors about the justification of an eight-month growth in equity markets and reduced forecasts for profits of companies of technological sector only increased the pressure on the stock markets. Dell today announced reduction of its profits for the third quarter of this year, more than half relative to the same period last year, which has placed additional pressure on the U.S. stock market. In Europe, the statements of Mr. J.C. Trichet Head of European Central Bank (ECB) on the future decommissioning of measures to stimulate the financial sector in order to reduce the inflationary threat has significantly worsened the mood of investors, implying a future decrease in liquidity in the stock markets. Against this backdrop, the demand for less risky assets such as government bonds and U.S. dollar. Despite the strengthening U.S. dollar against the euro, the demand for assets also grew, which led to an increase in the metals market, moreover, quotes, gold prices are currently updating the historical highs, reaching a level above $ 1160/tr.unts. Quotes oil prices fell slightly on the results of the Friday trading session on the background of uncertainty investors continued growth in equity markets; - the overall sentiment in the markets before today trading develops ambiguous. Key Asian indices traded in positive territory, while trading on the Tokyo Stock Exchange is not maintained due to national holiday in Japan. Futures for the American indexes grow on average by one third per cent, oil futures, base and precious metals also show an increase; - economic statistics this week will have a key influence on the course of trading on stock markets in the U.S. today are data on sales of real estate in the secondary housing market in October, is expected growth rate in Europe will leave the data on activity index PMI in industrial and service sectors ; - Today should pay attention to the report of the company Hewlett-Packard, is expected to increase company profits, which may positively affect the course of trading in the U.S. today; - in general, at the opening of trading in Europe today, analysts of ASYL INVEST expect lateral movement of quotations, the demand for risky assets has declined significantly during Friday trading. Expected to continue moderate negative sentiment on global stock markets today. Analysts of ASYL INVEST believe that the activity on the European sites in the first half of the day will be minimal, investors will await the results of the opening of trading in the U.S. that will determine their further movement; - Today, analysts of ASYL INVEST expect a moderate decline in stock prices of KASE index under the influence of the correction in global stock markets. Analysts of ASYL INVEST give the following advice for investors in the GDR of Gazprom JSC (LSE: OGZD): in the course of trading on Friday quotes oil futures lost nearly by 1%, having fallen to $ 76.72 per barrel mark WTI, resulting in lower prices shares and depositary receipts of oil and gas companies. In particular ADR Gazprom, posted on the London Stock Exchange, have fallen in price by 1.64% to $ 24.60 per ADR. Current quotes of Gazprom securities are fairly close to our recommended level of purchase, set at $ 24 per ADR. At the opening of trading in Europe, analysts of ASYL INVEST expect a slight decrease in stock price of oil and gas companies, which could allow Gazprom depositary receipts, reach our recommended level of purchase. In general, analysts of ASYL INVEST recommend buying the paper company in the short-term speculative purposes, the resistance level of securities of the company is seen at $ 27 per ADR. 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. [2009-11-23]