Investment ideas by ASYL INVEST JSC (Kazakhstan) analysts' on December 3, 2009

/IRBIS, December 3, 09/ - ASYL INVEST JSC (Almaty) provided an overview of major events and their investment ideas and forecast to IRBIS on December 3, 2009. According to the massage the analysts of ASYL INVEST expected at international stock markets: - the overall sentiment in the markets before today's trading develops moderately negative. Key Asian indices demonstrate the dynamics of differently directed quotes, futures on the base and precious metals demonstrate growth quotes, futures on U.S. indexes and futures on oil is also rising. However, analysts ASYL INVEST inclined to believe that, in anticipation of Friday's release of data on unemployment in the U.S., investors will cut positions in shares that would put pressure on world stock markets; - today, expected to more intense background in economic statistics: the U.S. will come with revised data on productivity in the non-agricultural sector in the third quarter of 2009, is expected to decline to 8,5% from an initial 9.5% today, there are data on the composite index for the ISM non-productive sphere , is expected to increase to a value of 51.5 points, recall that the index value above 50 points indicates expansion of non-industrial sector of the economy, and come out weekly data on the number of initial applications for unemployment benefits, expected value of 480 thousand new applications, slightly higher than the previous values. In Europe, decision will be made public the ECB (European Central Bank) on becoming the main interest, expected that it will remain unchanged, respectively, influence the course of trading in Europe, this should not have. Today, there are data on retail sales in the euro area in October, is expected to increase sales by 0.2% after falling the previous month. Also in Europe will come the revised GDP data for the euro area, changes in rate is not expected; - Today, we should pay attention to reports Siemens AG, Toll Brothers Inc, Marvell Technology Group; - In general, at the opening of trading in Europe today, analysts of ASYL INVEST expect the dynamics of mixed quotation, European equity markets will show the lateral dynamics of quotations until the head of the ECB's performance in terms of the main euro zone interest rates, further movement of quotations would depend on the tone of this speech. - Today, analysts of ASYL INVEST expect the total lateral movement of stock prices KASE index under the influence of moderately negative external background. Analysts of ASYL INVEST give the following advice for investors in the GDR Gazprom (LSE: OGZD): Yesterday it was announced that the Norwegian oil giant Statoil and a subsidiary of Gazprom, Gazprom Marketing and Trading USA, signed a preliminary agreement on the annual supply 2 billion cubic meters of gas, according to which, Statoil will buy in 20 years to 2 bn. cubic meters of liquefied natural gas(LNG)from Gazprom to further its regasification terminal at Cove Point (Maryland, USA) and sales in the U.S. market. The agreement is designed for a period of 18 to 20 years. In turn, Gazprom Marketing and Trading USA receives a long-term access to regasification capacity of the terminal to process LNG Cove Point in the amount of 2 billion cubic meters. meters of gas annually. In addition, Statoil agrees to sell Gazprom Marketing and Trading USA and 1 billion cubic meters. meters of gas per year in the United States for more than 5 years. It is expected that final agreement will be signed after approval of all the details in the first quarter of 2010. Despite the fact that this agreement will allow Gazprom to enter the American market, ASYL INVEST believe that the impact of this news on trading course securities will be neutral. This is due to fact that the natural gas market is still pretty shaky ground, and the expansion of markets is difficult due to decreased demand for natural gas in the world. Reducing the demand for natural gas in Europe has already led to the introduction of Gazprom's policy of pre-defined volumes of natural gas prepayment, regardless of the actual required amount of gas. During the auctions on Wednesday quotes oil futures lost nearly 2.3%, having fallen to $76,60 per barrel mark WTI, which has lowered the prices of shares and depository receipts of oil and gas companies. In particular ADR Gazprom, posted on the London Stock Exchange, have fallen in price by 1,55% to $ 22.81 per ADR. Current quotes Gazprom's securities are below the recommended ASYL INVEST-level purchases, set at $ 22.85 per ADR. In general, analysts ASYL INVEST recommend buying the paper company in the short-term speculative purposes, the resistance level of securities of the company is seen at $ 27 per ADR. 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. [2009-12-03]