Market reviews and recommendations of BCC Invest JSC (Kazakhstan) analysts for November 22, 2010

/IRBIS. November 22, 2010/ - BCC Invest JSC has provided IRBIS with a survey of main events, market reviews and investment ideas for November 22, 2010. Analysts of JSC "BCC Invest" now expect a mixed and multi- directional opening of trading on the shares included in the index KASE, on the positive background of mixed and multi-directional closure on the shares and depositary receipts of Kazakhstan issuers on Friday in London. According to the JSC "BCC Invest", the dynamics of KASE index later in the day would be volatile, and the value of KASE index by the end of the day will change slightly. Analysts of JSC "BCC Invest" and expect the following developments in international markets today: - In Russia the publication of important macroeconomic statistics is expected. - in Europe 21:00 (AST) is expected to publish the index of consumer confidence in the euro area in November. - The U.S. is expected to publish the index of general economic activity of the Federal Reserve Bank of Chicago. At 01:30 (AST) will be address by the President of the Federal Reserve Bank of Minneapolis Narayana Kocherlakota. - Today reports Tyson Foods and others. 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 435.01 479 +10.11 Neutral KKGBp 215 335 +55.81 Buy Halyk Bank HSBK 360 386 +7.22 Buy Bank CenterCredit CCBN 590 646 +9.49 Hold Tsesnabank TSBN 870 1,030 +9.57 Neutral KazMunaiGaz RDGZ 17,500 22,300 +27.43 Buy Kazakhmys PLC GB_KZMS 3,400 3,392 -0.24 Neutral ENRC PLC GB_ENRC 2,210 2,858 +29.32 Buy Kazakhtelekom KZTK 17,200 19,200 +11.63 Buy KZTKp 7,601.01 9,300 +22.35 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. [2010-11-22]