Market reviews and recommendations of BCC Invest JSC (Kazakhstan) analysts for September 29, 2010

29.09.10 17:52
/IRBIS. September 29, 2010/ - BCC Invest JSC has provided IRBIS with a survey of main events, market reviews and investment ideas for September 29, 2010. Analysts of JSC "BCC Invest" now expect a mixed multi- directional opening of the stock trades at KASE on a mixed external background. According to forecasts JSC "BCC Invest", the index of KASE, as well as yesterday, much of its day will not change. Analysts of JSC "BCC Invest" and expect the following developments in international markets today: - In Russia OJSC Polymetal will publish its financial results for USGAAP for the first half of 2010. - The UK 14:30 (AST) will be published value of the index of activity in the service sector, and in 15:00 (AST)-index values Euro zone business activity in September. - In the U.S. publication of important macroeconomic statistics unexpected. Analysts of BCC Invest JSC are giving the following advice for investors in securities of issuers in internal market: ---------------------------------------------------------------------- Issuer Last price Target Predicted price. code price % Recom- mendation ----------------- ------- ---------- ------ ---------------- --------- Kazkommertsbank KKGB 420 479 +14.05 Neutral KKGBp 220 335 +52.27 Buy Halyk Bank HSBK 307.10 386 +25.69 Buy Bank CenterCredit CCBN 526 646 +22.81 Hold Tsesnabank TSBN 951 1,030 +8.31 Neutral KazMunaiGaz RDGZ 16,000 22,300 +39.38 Buy Kazakhmys PLC GB_KZMS 3,300 3,392 +2.79 Hold ENRC PLC GB_ENRC 2,070 2,858 +38.07 Buy Kazakhtelekom KZTK 15,200 19,200 +26.32 Buy KZTKp 7,399 9,300 +25.69 Buy MREK MREK 1,100 1,130 +2.73 Hold ---------------------------------------------------------------------- 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. [2010-09-29]