Market reviews and recommendations of BCC Invest JSC (Kazakhstan) analysts for October 7, 2010

/IRBIS. October 7, 2010/ - BCC Invest JSC has provided IRBIS with a survey of main events, market reviews and investment ideas for October 7, 2010. Analysts of JSC "BCC Invest" and Analysts of JSC "BCC Invest" now expect the dynamics of mixed stocks in the KASE index, the ambiguity of the external background. expect the following developments in Kazakhstan market today: - Ministry of Finance of Kazakhstan placed on the KASE 130.0 million on October 6 MEKKAM-12 of 110 release on the amount of KZT12.8 billion at 1.00 - 2.00% per annum. October 6, 2010 in the trade system of KASE specialized trades on placement of short-term treasury bills of the Ministry of Finance of the Republic of Kazakhstan MEKKAM-12 release 110 with maturity of 12 months. Placement volume totaled 130 million of bonds amounting to KZT12,752,352,130.78 (100%) of the plan. Price satisfied bids were as follows: minimal (cut) - 98.0392, maximum - 99.0099, the weighted average - 98.0950. In this case, yield to maturity was as follows: minimum - 1.0000% per annum, the maximum - 2.0000%, weighted average - 1.9420%. The volume of active orders, the proportion of pension market had 19.3%, the share of Kazakhstan's second-tier banks (STB) - 63.2%, clients of STB - 17.3%, clients of broker-dealers - 0.2%. According to data of Central Securities Depository, all transactions on placement MEKKAM-12 release 110 to the end of the calculations based on trades executed. 7.5% of the total outstanding bonds were redeemed by the subjects of the pension market, 64.6% - BWI, 27.7% - STB clients, 0.2% - clients of broker-dealers. Analysts of JSC "BCC Invest" and expect the following developments in international markets today: - In Russia will be published data on inflation for the week and the beginning of the year. - The UK 14:30 (AST) will be published data on the volume of industrial production in August, and 17:00 (AST) - decision on interest rates Bank of England. At 16:00 (AST) will be published data on the volume of industrial production in Germany in August, and 17:45 (AST) - the decision on the rates of the European Central Bank. - in the U.S. before the market opens at 18:30 (AST) will be published weekly data to apply for unemployment benefits, after the market opened in 20:30 (AST) - data on changes in net sales for September, ICSC. 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 415 479 +15.42 Neutral KKGBp 220 335 +52.27 Buy Halyk Bank HSBK 320 386 +20.63 Buy Bank CenterCredit CCBN 550.99 646 +17.24 Hold Tsesnabank TSBN 951 1,030 +8.31 Neutral KazMunaiGaz RDGZ 15,801 22,300 +41.13 Buy Kazakhmys PLC GB_KZMS 3,450 3,392 -1.68 Hold ENRC PLC GB_ENRC 2,229.70 2,858 +28.18 Buy Kazakhtelekom KZTK 15,700 19,200 +22.29 Buy KZTKp 7,200 9,300 +29.17 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. [2010-10-07]