Market reviews and recommendations of BCC Invest JSC (Kazakhstan) analysts for August 6, 2010

/IRBIS. August 6, 2010/ - BCC Invest JSC has provided IRBIS with a survey of main events, market reviews and investment ideas for August 6, 2010. Analysts of JSC "BCC Invest" now expects a moderately positive opening trades at KASE amid rising prices of shares and depository receipts of individual issuers in Kazakhstan in London yesterday. However, towards the end of the day analysts of JSC "BCC Invest" expect some profit fixing in advance weekend. Projected JSC "BCC Invest", KASE index on the day will change slightly. JSC BCC Invest also note the following important events in the Kazakhstan market: - Ministry of Finance of Kazakhstan placed on the KASE on August 5 130.0 million MEKKAM-6 of release 190 in the amount of KZT12.9 billion at 1.49% per annum. August 5, 2010 in the trade system of KASE, a specialized auction on placement of short-term treasury bills of the Ministry of Finance of the Republic of Kazakhstan MEKKAM-6 release of 190 with maturity of 6 months (184 days). The volume of placement was 130 million bonds in the amount of KZT12,903 million, the yield to maturity - 1.4863% per annum. Discount bonds. In total active bids on pension market entities had 16.3%, the share of Kazakhstan's second-tier banks (BWI) - 70.6%, customers BWI - 9.5%, clients of broker-dealers - 3.6% A data of the Central Securities Depository all deals on accommodation MEKKAM-6 release 190 by the end of calculations based on trades executed. 17.5% of the total volume of placed bonds purchased by entities pension market, 61.8% - BWI, 11.2% - clients of BWI, 9.5% clients of broker-dealers. Sold by the Ministry of Finance MEKKAM automatically admitted to trading on the secondary market of KASE under the trading code MKM006_0190. JSC BCC Invest also note the following important events in world market: - on the Russian market is expected to yield regular data as the monetary base in narrow definition of the ruble at the beginning of the week. At the opening of trading on Friday, analysts JSC "BCC Invest" expected to reduce the market on the main indeksamna background moderately negative dynamics in the U.S. before and dominated sales vAzii at the moment. - Today in Germany there are data on the growth of industrial production in June. In corporate sector is expected to announce financial results of companies Allianz, Santander BanCorp. and The Royal Bank of Scotland Group. - U.S. market will be unveiled details on unemployment in the country in July. In addition, the expected output data on the number of new jobs in non-agricultural sector in July, as well as data on the state of consumer credit in June. Analysts of BCC Invest JSC are giving the following advice for investors in securities of issuers in internal market: ---------------------------------------------------------------------- Issuer Last price Target Predicted price. code price % Recom- mendation ----------------- ------- ---------- ------ ---------------- --------- Kazkommertsbank KKGB 420 479 +14.05 Neutral KKGBp 209 335 +60.29 Buy Halyk Bank HSBK 313.50 386 +23.13 Buy Bank CenterCredit CCBN 557.77 734 +31.60 Buy Tsesnabank TSBN 970 737 -24.02 Cut KazMunaiGaz RDGZ 17,800 Review Kazakhmys PLC GB_KZMS 2,931 3,135 +6.96 Hold ENRC PLC GB_ENRC 2,185 2,638 +20.73 Buy Kazakhtelekom KZTK 14,750 19,200 +30.17 Buy KZTKp 7,425 9,300 +25.25 Buy MREK MREK 1,100 1,130 +2.73 Hold ---------------------------------------------------------------------- The given material has exclusively information character and is not the offer or recommendation to make any transactions with the stocks. Agency Irbis doesn't take responsibility for the opinions which are in given material. [2010-08-06]