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]