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]