Investment ideas by ASYL INVEST JSC (Kazakhstan) analysts' on November 5, 2009

/IRBIS, November 5, 09/ - ASYL INVEST JSC (Almaty) provided an overview of major events and their investment ideas and forecast to IRBIS on November 5, 2009. According to the massage the analysts of ASYL INVEST expected at international stock markets: - sentiment on the markets before today's trading consists moderately negative. The main reason for the decline in global stock markets today may serve as a limitation rates on credit cards in the U.S.; - Negative momentum was set even before the closing of the auctions in the U.S., and today there is no reason for the growth of markets, respectively, negative dynamics can be extended to today's trading in Europe; - oil futures now show negative dynamics, adjusting the growth of quotations of yesterday, a similar situation is observed in the precious metals market. Futures on the base metals also reduced, in fact, declining futures on U.S. indexes, and Asian indices show differently directed dynamics; - now expected to be published financial statements of Toyota, Unilever, Man Group, Vedanta Resources, Lenovo Group, Deutsche Post, Deutsche Telekom, Commerzbank, Starbucks, CBS, and many other companies; - also, on the market today will have a significant impact out of economic statistics. In particular, this will be a presentation by the head of the European Central Bank and the Bank of England for the further development of monetary policy in the euro area and Britain. Throughout the euro area this fall data on retail sales for the month of September and for the year expected growth rate. In the U.S. there are data on productivity in non-rural areas, on labor costs, as well as primary and secondary applications for unemployment benefits; - in general, at the opening of trading in Europe today, analysts ASYL INVEST expect a moderate decline in equity markets under pressure from U.S. News and caution investors on the eve of my head of the ECB on the future direction of monetary policy, euro area. Analysts of ASYL INVEST give the following advice for investors in the GDR OJSC Polyus Gold(LSE: PLZL): on the weakening U.S. dollar and the growth of quotations of gold to a record level of $ 1 098.5 per troy ounce, depositary receipts of the company during the yesterday's trading showed an increase of 9.27%. Closing price is fixed at $ 29.94 per depositary receipt of company, which is the highest possible value to our recommended selling price. After such a significant growth in gold and securities companies, analysts ASYL INVEST awaiting correction. Given the trend of securities companies ASYL INVEST slightly increased trading recommendations: recommend buying at $ 27, sell - at $ 30. Today is advisable to record gains on shares and depositary receipts of the company, because, according to ASYL INVEST, they have exhausted their growth potential and are at adequate levels. On the debt market analysts ASYL INVEST recommend investors to pay attention to the coupon subordinated bonds KZPC1Y07B598 JSC ATF Bank (ATFBb5, yield - 13.10% (net price - KTZ 95.31), coupon rate - 10.9% indexed inflation, the nominal value - KTZ 100, the repayment period: 23.05.2012 - 11.06.2012). Analysts do not rule out the potential increase in prices of securities data in the event of increased demand for the new issue of debt instruments bank ATFBb7 KTZ 15 bn, repaid in 2011. To date, analysts of ASYL INVEST also low assess the risks of insolvency of the issuer. 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. [2009-11-05]