Overview of key developments from analysts of Asyl Invest JSC (Kazakhstan) on April 30, 2010

/IRBIS April 30, 2010/ - ASYL INVEST JSC (Almaty) provided IRBIS overview of major events and of their investment ideas and forecasts on April 30, 2010. Today Analysts of ASYL INVEST expects low trading activity and a weak positive dynamics of the index KASE. As a result of the trading day on Thursday, Kazakhstan's market share increased slightly, playing the loss of the previous days. Shopping resumed because the quotes in the market after the decline became attractive for investment. Price changes as a result of the trading day: shares of CMC 2.5% 1.6% Kazakhmys, the People's Bank 1.2%, KazakhTelecom -3.1%, BCC - 0.7%. The growth of stock quotes KKB, Kazakhmys and the People's Bank on the domestic market was held on the stabilization of their quotations on LSE. Trading activity remains low and will be so in anticipation of the weekend. The volume of trades on Thursday totaled KZT88.5 million, or KZT71.1 million lower volumes of the previous day. The external background consists positive today, but analysts ASYL INVEST do not expect any growth in trading activity, no significant growth of quotations on the domestic market. In addition, analysts of ASYL INVEST note the following events in world markets: - Optimism of investors is not to find reasons for the correction. In yesterday's trading, U.S. stock indices rose a second day in a row. Significantly diminished fears of market participants regarding problems in Greece. Yields on Greek bonds dropped below 10%, whereas the day before it was over 18% per annum. Market support yesterday, and had data on the labor market. Thus, the number of applications for U.S. unemployment benefits dropped to 448 thousand unemployment rates in Germany in April, seasonally adjusted, was 7.8%. Against the backdrop of rising oil prices, yesterday, to go up shares of oil and gas companies. ConocoPhillips reported an income of $2.1 billion in a quarter. 2010, which has more than doubled compared to last year. Net profit of Exxon Mobil Corp. increased over the past three months, even more significantly - almost 5 times compared with levels of last year, but the company's shares have fallen in price on 0.77%. Due to the increasing prices of most industrial metals purchases were also observed in the papers metals stocks. The banking sector was also among the leaders of growth. - Statements' Season for the fourth quarter of 2009, as the majority of companies S&P500 index to account for the past year, has been very positive. The total profit of companies S & P500 index rose 176%. According to the reports for the first quarter of 2010, the consensus forecast of analysts implies earnings growth of 44%. In this case, only for April, analysts have raised expectations for profit of more than 9%. Perhaps the current season reporting, also significantly exceeds expectations. - Yesterday in the center of events also was companies such as BP Oil, Gas and oilfield Transocean. Their quotations have decreased in price in connection with the statements of Barack Obama that the government brings to justice the company responsible for an oil spill in the Gulf of Mexico. Since BP is the owner of the well where happened PE, the news has been very negative for the stock price of the company. It is expected that the cost of eliminating the damage will fall on the company. The company's shares Transocean Ltd., Which is the owner of the problem of oil platforms, also lost significantly in value. This material is for informational purposes and is not an offer or recommendation to perform any transaction in securities. Agency IRBIS is not responsible for the opinions expressed in this material. [2010-04-30]