Investment ideas by ASYL INVEST JSC (Kazakhstan) analysts' on December 11, 2009

/IRBIS, December 11, 09/ - ASYL INVEST JSC (Almaty) provided an overview of major events and their investment ideas and forecast to IRBIS on December 11, 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 positive. Investors are beginning to build positions in equity instruments, realizing favorable price levels. - today, the leading Asian indices show growth, helped by positive economic data out of China: data on industrial production in China for the year and beginning of the year surpassed expectations of analysts. - futures on commodities markets show overall positive dynamics quotes, futures for the American indexes show growth. Currency pair EUR / USD today varies slightly. - Today should pay close attention to the output data to change the volume of retail sales in the U.S. in November, this figure shows the level of consumer activity in the U.S.. Also, there are data on changes in inventories in Oct. In Europe, the release of important macroeconomic data is not expected. - Analysts of ASYL INVEST expect that at the opening of tenders in Europe will have a slight positive trend. Positive for European equity markets will have a positive economic data from China, but growth may be limited by the lack of background in economic statistics in Europe, moreover, remains negative on the part of the problems with financial systems of Greece and Spain. - Today, analysts of ASYL INVEST expect a slight increase in stock quotations of KASE index under the influence of external positive background with the world's stock markets. Also not ruled out price cuts Securities Halyk Bank as a result of reducing the issuer of depositary receipts on the LSE. - Today, analysts of ASYL INVEST expect lower prices US Treasuries under the influence of the expected positive statistics on retail sales excluding automobiles (Retail Sales Less Autos), as well as in the case of continued positive momentum in stock markets of the United States. In European trading is expected to continue to be held trend. Analysts of ASYL INVEST give the following advice to investors. Quotations of futures for petroleum of mark WTI during yesterday's trading session on NYMEX demonstrated reduced to $ 70.54, but the pace of decline has slowed since the fall of 10% during the last seven sessions. Analysts of ASYL INVEST believe that quotes oil futures will receive strong support at $ 70 per barrel. The result is that, to overcome this barrier, if it happens, may be a temporary phenomenon. Against this background, stock quotes, Russian oil and gas companies are demonstrating a significant reduction. Nevertheless, analysts of ASYL INVEST expect that the decline in Russia's stock market will end anytime soon, but a positive external background from China will only support quotes on Russia's stock market. Currently, analysts of ASYL INVEST recommend open positions in shares of the following Russian companies' oil and gas sector. Gazprom JSC (LSE: OGZD): now analysts of ASYL INVEST slightly reduced short-term trading recommendations on the securities of the company: the company is recommended to buy ADRs at $ 21.55, sell it - at $ 25. Lukoil JSC (LSE: LKOD): analysts of ASYL INVEST also lowered its short-term trading recommendations on the Securities and Lukoil: buy ADRs of the company at $ 52.50, sell - at $ 61. Rosneft Oil Co (LSE: ROSN): analysts of ASYL INVEST slightly reduced short- term trading recommendations on the securities of the company: buy GDRs of the company at $ 7.80, to sell - at $ 8.80. On the debt market analysts of ASYL INVEST recommend that investors pay attention to the coupon indexed to the devaluation of the tenge subordinated bonds KZ2CKY08A774 Nurbank JSC (NRBNb2, PEFC. Profitability - 15% and after Net price - 91.6076% of face value, the current coupon rate - 9.0% per annum, maturity date - 12.06.11). The level of bond analysts believe an attractive level and expect the resumption of growth of prices these securities. The given material has exclusively information character and is not 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. [2009-12-11]