Overview of key developments from analysts of Asyl Invest JSC (Kazakhstan) on March 15, 2011

/IRBIS, March 15, 2011/ - JSC ASYL INVEST (Almaty) provided IRBIS overview of major events and of their investment ideas and forecasts on March 15, 2011. Trading on the Kazakhstan stock market on Monday ended lower KASE index by 0.5%. The fall was accompanied by a threefold increase in trading volumes. The worst dynamics demonstrated shares KKB (-1.6%) and BCC's shares (-1.3%). Trading in shares and depositary receipts of Kazakhstan issuers on the London Stock Exchange on Monday ended with multidirectional price dynamics. The worst dynamics demonstrated GDR KKB become cheaper by 4.9%. Shares of mining companies just finished trading in negative territory - the shares of ENRC and Kazakhmys were down 0.9%. KMG GDR rose by 0.5%. Today, the external background for the Kazakhstan stock market develops very negative because of the situation in Japan. As a result of today's trading analytics of JSC ASYL INVEST expected drop index KASE. In addition, the analysts of JSC ASYL INVEST note the following events in world markets: - Today at the Asian session collapsed Japanese indexes. Nikkei 225 during the bidding lost more than 14% on news of the explosions at the plant. Today in Japan there are two explosions at nuclear power plants. The building of the fourth reactor, "Fukushima" there was a third explosion of hydrogen, which created a threat of complete meltdown of nuclear fuel. According to some media spewed radiation, radioactive substances can reach Tokyo in 10 hours. Bank of Japan to prevent the flight of investors highlighted today another 5 trillion yen. - Major U.S. stock indexes on Monday afternoon, regained the lost half of the morning session of losses. The main influence on the reduction indices of trades has a negative external background, and in particular, the Nikkei 225 falling on the background of earthquakes and the ensuing consequences. Internal drivers of motion in the form of economic statistics and internal corporate reports were not available. One of the best speakers at the auction showed equities solar energy amid expectations of growth in demand for solar energy, after Japan's explosions occurred at the plant. Shares of the company First Solar Inc. (FSLR) up to the bidding rose to 5.1%. - Today, the dynamics of the major U.S. stock indexes will depend largely on the external background, in particular on the situation in Japan, where there was an explosion at a nuclear power plant and the release of radiation. In general, the background for the U.S. stock market, as well as for the stock markets of developed countries today is negative. Following the auction analyst of JSC ASYL INVEST expected drop major U.S. stock indices. Domestic economic statistics to be published today, the auction a special role to play will not. - Major stock indexes in Western Europe finished the session on Monday falling under the influence of negative external background. Impact on the auction was the decision of the eurozone countries to increase the fund's assets is financial assistance from 250 billion to 440 billion euros in the past at the weekend summit of leaders of the Euro zone countries. It was also decided to reduce interest rates on European loans to Greece. Negative impact on the auction provided the situation in Japan, where there was the flight of investors from the earthquakes and the ensuing consequences. Nikkei225 index fell more than 6% Monday, despite news of an increase in the Bank of Japan buy-back program assets to 5 trillion yen to 10 trillion yen and the injection of liquidity into the banking sector of $ 15 trillion yen. - Today, the external background for the European markets is extremely negative largely because of the situation in Japan, where today there was a third explosion at the plant. Analysts of JSC ASYL INVEST expected incidence of the main stock indexes in Western Europe on the basis of today's trading. This material is for informational purposes and is not an offer or recommendation to perform any transaction in securities. Agency IRBIS is not responsible for the opinions expressed in this material. [2011-03-15]