Investment ideas by ASYL INVEST JSC (Kazakhstan) analysts' on September 18, 2009
18.09.09 14:21
/IRBIS, September 18, 09/ - ASYL INVEST JSC (Almaty) provided an overview
of major events and their investment ideas and forecast to IRBIS on September
18, 2009.
According to the massage the analysts of ASYL INVEST expected at
international stock markets:
- sentiment on markets at today's emerging as negative and analysts of ASYL
INVEST do not preclude a continue of profit records at trades in Europe and
the United States;
- today, a moderate impact to the market can provide data on the current account
of the eurozone for July, data on producer prices in Germany in August and the
data on the monetary aggregate M4 in the UK;
- Asian indices from the morning showing a decrease of 0.5-1%. Futures on U.S.
indexes this morning traded in a downward trend in 0.1-0.3%.
Analyst ASYL INVEST giving the following advice for investors:
- the GDR OJSC Norilsk Nickel(LSE: MNOD): depositary receipts of the
company during Yesterday's trades have showed an increase of almost 5%
and closed at around the $ 12.37. Yesterday, the growth of quotations of
company securities was associated with an increase in nickel prices, which
price rose more than 1.5%. At current time ASYL INVEST gives the
following short-term trading recommendations on company securities: to buy
at $ 10.5 and to sell - at $ 12.25. In account those companies' securities
have exceeded the upper limit of Bollinger'a and have reached the top of
the channel. Analysts of ASYL INVEST consider on it will be advisable to
record profits and to wait for further signals for determine the movement of
quotations.
- the GDR OJSC Plus Gold (LSE: PLZL): depositary receipts of the
company during yesterday's trading were down nearly by 4%. Quotations
close at level of $ 23.55. Trading recommendations of ASYL INVEST on
company securities: buy at $ 20.00 and sell at $ 25.00. The motion quotes
the company was due to a minor correction in gold prices. In general,
analysts ASYL INVEST continues to positively assess the prospects of
securities companies, but does not preclude a further reduction in today's
trading and recommend positions to form in accordance with the
recommendations.
- the shares of Centerra Gold (TSX: CG): these shares during yesterday's
trading were down 4.4%. Quotations close at 7.38 Canadian dollars. Trading
recommendations of ASYL INVEST on company securities: to buy at 6.50
and to sell at 8.00 Canadian dollars. The motion quotes the company also
was due to a minor correction in gold prices. In general, the paper
companies have fallen more than the paper sector in the U.S. (Barrick Gold,
Gold Corp and Newmont Mining fell within the limits of 1.5-2.5%). In the next
few days is recommended to monitor the movement of quotes and build
positions in accordance with the recommendations ASYL INVEST.
- Analysts ASYL INVEST for more conservative investors recommend
fixed-income instruments in the bond market. Analysts ASYL INVEST,
based on the indicators of profitability and risk, look at the bonds
KZPC2Y05B665 Mangistau Electricity Distribution Company (MREKb3,
yield - 15%, the date of fixing the registry at redemption - 21/11/2011,
coupon - 12%)
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.
[2009-09-18]