Market reviews and recommendations of BCC Invest JSC (Kazakhstan) analysts for November 1, 2010

/IRBIS. November 1, 2010/ - BCC Invest JSC has provided IRBIS with a survey of main events, market reviews and investment ideas for November 1, 2010. Analysts of JSC "BCC Invest" now expect a positive opening of trading on the shares included in the index KASE, on a positive external background. Analysts of JSC "BCC Invest" and expect the following developments in international markets today: - In Russia will be published data on the status of the contingency fund and the National Welfare Fund for October. Today is expected to be published statements by Gazprom for the second quarter, according to IFRS. - The UK 15:30 (AST) will be published index of business activity in manufacturing PMI for October. - in the U.S. before the opening of trading at 18:30 (AST) will be published data on personal income and spending for October. After opening the bidding at 20:00 (AST) will be published index of business activity in the manufacturing sector PMI for October, as well as data on the volume of expenditure in the construction sector. Reporting season continues. Today accountable Anadarko Petroleum Corp., Baker Hughes Inc., Fannie Mae, Freddie Mac and others. 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 415 479 +15.42 Neutral KKGBp 215 335 +55.81 Buy Halyk Bank HSBK 325 386 +18.77 Buy Bank CenterCredit CCBN 595 646 +8.57 Hold Tsesnabank TSBN 940 1,030 +9.57 Neutral KazMunaiGaz RDGZ 15,400 22,300 +44.81 Buy Kazakhmys PLC GB_KZMS 3,052 3,392 +11.14 Neutral ENRC PLC GB_ENRC 2,100 2,858 +36.10 Buy Kazakhtelekom KZTK 15,699.99 19,200 +22.29 Buy KZTKp 8,139.99 9,300 +14.25 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. [2010-11-01]