Market reveiws and recommendations of Financial Company REAL INVEST.KZ (Kazakhstan) analysts on October 15, 2010

/IRBIS, October 15, 2010/ - JSC Finance Company REAL Invest.kz (Almaty, REAL Invest.kz) provided to IRBIS overview of major developments in Kazakhstan and the world markets on October 15, 2010. JSC Financial Company REAL Invest.kz notes the following significant developments on the world stock, commodity and currency market: - trading on major U.S. and European markets culminated in a decrease in quotations. Pressure on the markets has mainly publication of weak macroeconomic data in the U.S.. Thus, the trade deficit in the United States rose in August in monthly terms by 8.8% to $ 46.3 billion in addition, the number of initial applications for unemployment benefits in the U.S. last week, ending on October 9, grew by 13 thousand - to 462 thousand applications, while analysts forecast a decline to a level of 444 thousand applications. Negative and were released inflation data showing that the index of producer prices in the past has not changed, remaining at the level of 0.4%, while market participants are expected to decline 0.2%. This, according to analysts, may to some extent, thwart monetary authorities to continue the policy of quantitative easing. Up to the day the indices in Europe fell within 0.4%, U.S. indices by the end of the trading session managed to play most of the losses and the Dow Jones closed decreasing by only 0.1%, S & P 500 has lost on the session the order of 0.36%. Today in the U.S. are published data on retail sales, will be certain changes in the consumer price index, and, finally, there are data on consumer confidence index Mich. Sentiment. - Four sites BRIC, which determines the mood of sites emerging economies, on Thursday, have closed down differently. Major indexes in Brazil and China finished the day an increase of 0.02% and 0.6% respectively, while the Russian and Indian sites were closed was down 0.12% and 0.9% respectively. As the supporting factors for regional areas made the publication quite positive corporate reports in the U.S. on Wednesday, as a factor to exert pressure, should first be noted weak macroeconomic data. External background before opening the sites emerging markets considered "REAL Invest.kz" moderately negative, which to some extent confirms the course of trading in Asia, areas which to date are predominantly under pressure. - The cost of a barrel of oil mark WTI, on the basis of the last session dropped by 1.3% to level of $ 82.69. The factors that negatively impacted the quotes of "black gold" should note the publication is not too optimistic macroeconomic data in the U.S., as well as the data output of the weekly changes in stocks of petroleum and petroleum products in the United States, according to which the reduction of crude oil and Diz. fuel in the country for the past week has reached only half the predicted value of analysts. - regular price record set troy ounce of gold, which reached at the session level of $ 1,389. As the main reasons for the growth of quotations "precious metal" "REAL Invest.kz" notes the weakness of U.S. currency which is under pressure from the U.S. monetary authorities' plans. - uncertain position of the U.S. dollar were the main factor which has allowed the currency pair EUR/USD and GBP/USD, in the course of the last trading day to overcome the important psychological resistance levels are located at elevations of 1.40 and 1.60, respectively. Moreover, if the euro after a trigger mark of 1.41 by the end of the day be refined, the British pound, after the long-awaited breakout level was able to achieve an eight-month high, and closed at around 1.6021. Analysts of "REAL Invest.kz" believe that today's session for both currency pairs will be held on a wave of optimism and progress on the eve of success can be fixed. Analysts of "REAL Invest.kz" noted that the most attractive stories among the shares of Kazakh companies are RD Kazmunaigas, Kazakhtelecom and Halyk Bank. Especially attractive look and EP Kazakhtelecom, as both companies are very strong balance sheet with low debt burden, the EP's net debt at all negative, i.e. cash flows of the company exceed liabilities. Besides their business generates more free cash flow, which allows them to pay a very solid dividends. Dividend income on preferred shares of KMG and Kazakhtelecom is 6-8% and 3- 4% of ordinary shares. Shares of these companies are traded much cheaper than the shares of similar companies in other emerging markets. 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. [2010-10-15]