Overview of key developments from analysts of Asyl Invest JSC (Kazakhstan) on October 25, 2010

/IRBIS, October 25, 2010/ - ASYL INVEST JSC (Almaty) provided IRBIS overview of major events and of their investment ideas and forecasts on October 25, 2010. Analysts of ASYL INVEST note that trading on the Kazakhstan stock market on Friday were held at a weak activity of market participants in the absence of external growth drivers. KASE index on the basis of trades fell by 0.72% as a result of falling stock prices at the BCC 3.9% and shares of Kazakhtelecom to 1.2%. The trading volume of KASE index fell by 2.7 times compared to the previous day and reached KZT12.9 million. On the London Stock Exchange trading Kazakhstan shares and depositary receipts were sluggish. ENRC shares for trades fell by 2.2%. Depositary Receipts KMG did not change in price. On Friday, KMG announced the opening of deposits neiti on exploration block Lyman. According to the company discovered light crude density of 34 API, which, according to the company, indicating a potential supra salt deposits in the region. Today, the external background for the market in Kazakhstan was formed neutral. KASE index has an equal chance of rising or falling, noted analysts of ASYL Invest. In addition, the analysts of ASYL INVEST note the following events in world markets: - the DJIA and S & P500 on the last day of last week traded in a narrow range near the previous close. Trading activity on this day was fairly weak, and the reaction of investors on quarterly reports of companies ambiguous. Financial Results Schlumberger (SLB) for 3 quarter of 2010 were better than expected, which led to an increase in the prices of shares of the issuer and provided support for shares of the energy sector. The results of the companies American Express (AXP) and Honeywell (HON) were also better than expected, but their shares finished the session multidirectional movement of prices. Shares of the company Verizon (VZ) failed to show growth despite the publication of financial results better than expected. Positive reporting companies Amazon.com (AMZN) and Baidu.com (BIDU) has caused an increase in their shares and led to an increase in the NASDAQ. - U.S. dollar weakened slightly against the euro on Friday, which was probably due to the expectations of the statements at the summit of Big Twenty. Today, the euro/dollar traded above the level of 1,4. Today in the U.S. expected to be published 194 reports, including significant for the sectors and markets in general do not. Some influence on the auction can have economic statistics, particularly data on sales of existing homes. - the main European share indexes on Friday showed the lateral motion of trading results in the absence of support from the U.S.. Better than expectations of economists on Friday turned out to be macro-economic statistics in Germany. Business climate index, the current situation and economic expectations of the IFO was better than economists' expectations. Today in the euro area, there are data on the number of new orders in industry in August. - major indexes Asia-Pacific region are now showing growth. At the auction in Hong Kong shares rise developers and oil companies. Shares of Singapore Exchange Ltd. and shares of the Australian ASX Ltd. grow after the Singapore stock exchange operator has confirmed its intention to acquire the Australian stock exchange operator for 8.4 billion Australian dollars, equivalent to 8.3 billion U.S. dollars. 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. [2010-10-25]