Investment ideas by ASYL INVEST JSC (Kazakhstan) analysts' on September 10, 2009
10.09.09 16:37
/IRBIS, September 10, 09/ - ASYL INVEST JSC (Almaty) provided an overview
of major events and their investment ideas and forecast to IRBIS on September
10, 2009.
According to massage the analysts of ASYL INVEST expecting the following
developments in international stock markets:
- expected a multidirectional opening of trades in Europe. In raw sector may
be a slight profit-taking by depository receipts of Russia and Kazakhstan's
securities on the background of a slight reduction in oil and gold prices in
late trading in the U.S.. Support for these securities may later provide data
on commercial oil reserves of U.S. Department of Energy and the positive
expectations on the macroeconomic data of China, publishing tomorrow;
- to influence on the course of trading can data on the number of applications
for unemployment benefits in the United States, published in today's at
opening of trades in America;
- in the morning trading in Asia, held in the positive dynamics and demonstrate
the growth in the range of 1-2 %, with the exception of the index Shanghai
Composite, declining to within 1 %;
- from morning the futures on U.S. stock indexes traded with an increase of
0.3-0.4 %.
ASYL INVEST analysts' give the following recommendations for investors:
- on GDR OJSC Plus Gold "(LSE: PLZL): recommendation of analysts of
ASYL INVEST by depositary receipts listed on - to hold, during yesterday's
trading justified itself. By results of securities trades have shown another
grow by 2.5 % and closed at $ 24,2. Currently quotes securities above the
recommended sale price of $ 24. Analysts of ASYL INVEST change their
short-term trading recommendations on the securities of the company: buy at
$ 20.0 (previously $ 18.0), to sell at $ 25.0 (previously $ 24.0). At today's
auction is not ruled out profit-taking on the securities of companies that
may be an idea to sell securities investors who make purchases at the
recommended levels of prices in the $ 20.0 and below, with a view to buying
at lower levels. In the medium term expectations for gold and hence positive
on the shares of the company and analysts of ASYL INVEST await their
further growth.
- on GDR OJSC Lukoil "(LSE: LKOD): depositary receipts of the company
during yesterday's trading on the LSE rose by 6.15 % to $ 53.5 against the
backdrop of rising oil prices. After the trades with company's depository
receipts, quotes of oil demonstrated acorrection to the closing of the trades
in the United States, which could be a short-term idea to lock in profits on
paper today. Trading recommendations of ASYL INVEST in securities of the
company: buy at $ 45.5 and to sell at $ 52.5. In the coming days, if the
market trend is confirmed, perhaps the analysts of ASYL INVEST reconsider
their trade recommendations for securities companies upwards. At the
present time quotes have reached the upper limit Bollinger'a and the
resistance level at $ 53.6. In case of further upward movement, the next
resistance level, the analysts of ASYL INVEST see the price in around $ 57.
Analysts of JSC ASIL INVEST for more conservative investors recommend
tools with the fixed profitableness on a bond market. Analysts of JSC ASIL
INVEST recommend to pay attention to next tools:
- Bonds KZPP1Y05B763 LLP Karagandy Jarik(KASE: KRZHb1) the
analysts of ASYL INVEST believe the current price (67.18 % to nominal)
attractive, by counting of sufficiently strong financial position of the
company.
- Bonds KZPC2Y06B192 National Savings Bank of Kazakhstan (KASE:
HSBKb4): These bonds are one of the most popular debt instruments of the
banking sector, analysts said ASYL INVEST, based on the indicators of
return (profitableness to maturity of 18 %) and risk
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.
[2009-09-10]