Overview of key developments from analysts of Asyl Invest (Kazakhstan) on April 27, 2010

/IRBIS, April 27, 2010/ - ASYL INVEST (Almaty) has provided to IRBIS the review of major developments and their investment ideas and projections for April 27, 2010. Analysts of ASYL INVEST identifies the following significant developments in the markets: - Market shares: under the influence of the external background and corporate news, shares of the Bank CenterCredit fell by 8.7%. Bidding on the domestic stock market on Monday took place under the influence of a positive external background and individual corporate news. KASE Index rose during trading on 0.16% - to 1820.74 points, trading volume in shares totaled KZT192.7 million (an increase of KZt104.3 million). As a result of rising oil prices and metals, stocks of the commodity sector demonstrated positive dynamics of the final: ENRC (+3.8%), KMG (+1.8%) and Kazakhmys (+1.3%). At the price dynamics of Metallurgists influenced corporate news: ENRC reported its intention to acquire 12.2% stake in a major producer of platinum Northam Platinum Limited until the end of May, and Kazakhmys announced the signing of a memorandum of intent to partner with Jinchuan Group Ltd. Shares of KMG EP has continued to grow under the influence of the external background and expectations of dividend payments for 2009. The issuer informed of the date of AGM - 25 May, one of the issues which will be the approval of allocation of net income of the society and the amount of dividend per ordinary share. Details: Dividend per ordinary and one preferred share - KZT704, fixing registry - June 7, 2010, the payment - July 12, 2010. Among the outsiders of the day were shares of BCC. The trigger for the sales was information on the audit of the bank, shares of BCC as a result of 20 deals decreased by 8.7%. ASYL INVEST Analysts note that today the external background for the Kazakhstan market develops neutral, likely weak negative dynamics index KASE. Shares Kazakhmys and ENRC may begin to be adjusted, shares of CMC are likely to decline during the day. Ability to align positions on shares of BCC. - United States: a moderate decrease after the new highs. In the first half of trading in the U.S. S & P500 index of the newly updated 19-month maximum. But then the stock indexes in the U.S. declined slightly. Shares JPMorgan Chase, Goldman Sachs and Citigroup declined under the pressure of the upcoming vote in Congress to start debate on the study of the proposed changes in legislation on stricter regulation in the financial sector. Later it became known that the necessary number of votes was not recruited. However, internal corporate history still continued to put pressure on the dynamics of quotations of American banks. According to media reports, is already expected to begin selling shares of Citigroup, in the possession of the U.S. Treasury. The Board and Goldman Sachs traders appear before congressional committee, where they will be asked questions about the transactions in the market of mortgage bonds in respect of which the Securities Commission filed a U.S. bank fraud charges. Among the market leaders were shares of American manufacturer of agricultural and construction equipment Caterpillar. The company reported an increase in profits, the rate of which was better than the consensus forecast of analysts. Despite the fact that the company's revenue was slightly below forecasts, investors optimistic about the results of the company. - Europe: the positive dynamics of bidding. European stock markets have showed during yesterday's trading steady growth. The growth was accompanied by a positive external background (growth indices in the U.S. on the eve) and positive corporate reports. Among the market leaders in the shares of mining companies that have demonstrated growth, have followed growth of quotations on commodity markets. Stock indexes rose in 18 countries in Europe, except Portugal and Greece markets. Shares and bonds in Greece declined under pressure from speculation that a support plan for the country worth $60 billion does not eradicate the existing risks. This material is for informational purposes and is not an offer or recommendation to perform any transaction in securities. IRBIS Agency is not responsible for the opinions expressed in this material. [2010-04-27]