Investment ideas by ASYL INVEST JSC (Kazakhstan) analysts' on September 29, 2009

/IRBIS, September 29, 09/ - ASYL INVEST JSC (Almaty) provided an overview of major events and their investment ideas and forecast to IRBIS on September 29, 2009. According to the massage the analysts of ASYL INVEST expected at international stock markets: - sentiment on the markets before today's trading develops is positive; - Asian indices from the morning with mostly increased in response to the growth of Europe and the United States markets; - little change are showing futures of American indexes; - Today, impact to the market can provide the data on index of consumer confidence in the U.S for September, where the expected growth. In the euro zone is expected publication of data in the consumer confidence indexes, economic and industrial sectors. In the euro area and Germany expected to be published index of purchasing managers in the retail sector (PMI Retail). In the UK, will be published data on the volume of consumer credit for August and the revised GDP data for the second quarter of 2009. Analyst ASYL INVEST giving the following advice for investors: - on shares of ENRC PLC (LSE: ENRC): ENRC shares during trading on Monday showed growth of more than 2 % and closed at around 8.69 to the pound sterling. Current trading recommendations ASYL INVEST in securities of the company: to buy at 8.25 pounds, to sell - at 9.5 pounds. In early trading yesterday, the pressure on the paper company has a general negative mood in the markets, but news of a recovery in M & A market confidence returned to the equity markets and investors once again started to buy. During yesterday's trading price of securities ENRC reach the recommended level of our purchases. Currently, analysts ASYL INVEST continues to recommend the company to look closely to the Securities and create positions to 9.5 pounds. - On the GDR of Norilsk Nickel JSC(LSE: MNOD): depositary receipts of the company during trading yesterday, have risen in price by more than 2% and closed at around the $ 12.62. Given the current dynamics of the securities of the company, analysts ASYL INVEST slightly changed its trading recommendations: recommend buying at $ 11 (previously $ 10.5), to sell - at $ 13 (previously $ 12.5). It is recommended to record gains on securities in achieving these levels. - On the GDR of Mobile TeleSystems OJSC (NYSE: MBT): Depository Receipts MTS during trading yesterday risen by less than 0.5 % and closed at around of $ 46.86. Yesterday the company reported that draws two lines of credit from the Savings Bank for a total of 59 billion rubles, or $ 2 bn. Given the current dynamics of the securities of the company, analysts of ASYL INVEST slightly changed its trading recommendation: buy at $ 45 (previously $ 43.5) to sell - at $ 52.50. Analysts of ASYL INVEST for more conservative investors recommend fixed- income instruments in the bond market. Analysts of ASYL INVEST by taking into account the good financial condition of the issuer, high coupon rates and a good level of return, recommended to look at the bonds KZPC4Y05B661 Mangistau Electricity Distribution Company (MREKb5, coupon rate - 16 %, yield - 12.50 %, the credit ratings of bonds - Fitch Ratings: BB + (19.02.09), the repayment period - 12.02.2013-25.02.2013). 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. [2009-09-29]