Investment ideas by ASYL INVEST JSC (Kazakhstan) analysts' on February 18, 2010

/IRBIS, February 18, 2010/ - ASYL INVEST JSC (Almaty) provided an overview of major events and their investment ideas and forecast to IRBIS on February 18, 2010. According to the massage the analysts of ASYL INVEST expected at international stock markets: - Today, analysts of ASYL INVEST do not preclude the reduction of stock markets in Europe and the U.S. against the fixation of profits after several days of growth. Asian stock indexes are now largely reduced. Japanese stock index Nikkei 225 rising to within 0.15%. Hong Kong Hang Seng index decreased by 0.3%. Australian Index S&P/ASX 200 is reduced by 0.3%. South Korean KOSPI index falling within 0.3%. Nearby futures for Brent crude traded at $ 75.85 per barrel, Mark WTI about $ 76.9 per barrel. Gold traded at in 1100$/ounce, Silver - 15.8$/ounce, Copper - 3.22 $ / lb. Futures on U.S. indexes are now showing a decrease in the range 0.15% - 0.25%. Rate EUR / USD - 1.3577, GBP / USD - 1.5662. - Impact on the course of trading today, the U.S. may have information on applications for unemployment benefits. It is expected that the rate of decline. Also, expected be published positive data on regional industrial index of Philadelphia Fed. for February. The core producer price index, also published today, is expected to reach 0.8% in January. Important Quotes of crude oil and oil companies today are the U.S. Department of Energy data on commercial stocks of crude oil and petroleum products. Expected growth in oil and gasoline. - In the corporate sector will be published financial statements of several companies: Daimler, Societe Generale, AXA, Dell, Barrick Gold, Goodyear Tire & Rubber and Wal-Mart. Analysts of ASYL INVEST give the following advice for investors on the Kazakh market shares: in the course of yesterday's trading KASE index showed an increase of 1.2%. Trading volume has declined relative to the previous trading to $ 579.7 thousand top gainers were shares of ENRC (+6.9%), Kazakhmys (+3.1%), KMG EP (+1.4%). Worse market traded securities of the financial sector. Shares CMC (-4.7%) showed the worst among the dynamics of stock index KASE. The best in the financial sector were shares of BCC (1.7%). As well as in foreign markets, today analysts of ASYL INVEST do not preclude correction in the domestic market shares in connection with the possible desire of investors to take profits. Equity issuers with dual listing, in most rightly evaluated in relation to the closing prices on foreign markets. Exceptions are traditionally the action Kazakhtelecom that the domestic market slightly higher (+6%) than on the stock exchange in Frankfurt as well as shares of Kazakhmys, which in the domestic market are more expensive (3.5%) than on the stock exchange in London. In the first half of trading today, we expect weak activity in the domestic market. With the opening of trading in Europe, the dynamics of KASE index will depend on changes in prices of domestic "blue chip" abroad. Speculative investor sentiment analysts ASYL INVEST recommend to keep their long positions and record profits for the appearance of signals for the correction. Analysts of ASYL INVEST note that the debt market of Kazakhstan on Wednesday showed a weak positive trend. At the end of the trading day the price index of domestic bonds KASE_BP rose by 0.05%. Top gainers were bonds BTA Mortgages (BTAIb14). The volume of transactions by domestic debt instruments has declined significantly on the performance of previous trades and made $ 2.7 million were the most liquid securities Kazakhstan Mortgage Company. On the debt market analysts of ASYL INVEST recommend speculative- minded investors to pay attention to the coupon subordinated bonds KZ2CKY10B513 Kazkommertsbank (KKGBb4, PEFC. Yield - 13.7%, net price - 82.7014% of face value, coupon rate - 8.9%, indexed to inflation, maturity date - 25.03.15). Analysts ASYL INVEST consider options market sufficiently attractive, based on the strong position of the bank. According to the Bank's financial statements for the nine months of 2009, interest income before provisioning increased by 2% as a result of rising interest rates on assets, income-from 15.2% to 15.4%, net non-interest income increased by more than 6.5 times in connection with repurchase own eurobonds Bank / bonds worth KZT23 billion. During the reporting period also saw an influx of clients' funds, private deposits increased by almost 16%. In 2009, the Bank has demonstrated good credit by paying in November 2009 eurobonds worth $ 500 million in July to 25 billion yen in December, the Bank repaid syndicated loan worth $ 300 million and partially extinguished eurobonds. Bank is also to pay coupons on its debt obligations. Trading recommendations ASYL INVEST: buy when the yield 15%, sell at yields of 10%. 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. [2010-02-18]