Market reviews and recommendations of BCC Invest JSC (Kazakhstan) analysts for November 26, 2010
26.11.10 20:10
/IRBIS. November 26, 2010/ - BCC Invest JSC has provided IRBIS with
a survey of main events, market reviews and investment ideas for
November 26, 2010.
Analysts of JSC "BCC Invest" now expects a mixed and multi-directional
opening of trading on the shares included in the index KASE, in an
uncertain external background. According to the JSC "BCC Invest",
the dynamics of KASE index later in the day would be volatile and
KASE index end the day little change.
Analysts of JSC "BCC Invest" and expect the following
developments in international markets today:
- Russia is expected to publish on the monetary base on 22
November and at the refinancing rate by 29 November.
- in Germany expected to publish the consumer price index. At 15:00
(AST) will be published data on money supply (M3), the European
Union. At 23:00 (AST) in France will be published unemployment
data.
- In the U.S. publication of important economic statistics are expected.
- Today report Antofagasta Plc. and Samsung Electronics Co Ltd
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 437 479 +9.61 Neutral
KKGBp 215 335 +55.81 Buy
Halyk Bank HSBK 355 386 +8.73 Buy
Bank CenterCredit CCBN 590 646 +9.49 Hold
Tsesnabank TSBN 865 1,030 +19.08 Neutral
KazMunaiGaz RDGZ 17,790 22,300 +25.35 Buy
Kazakhmys PLC GB_KZMS 3,250 3,392 +4.37 Neutral
ENRC PLC GB_ENRC 2,206.90 2,858 +29.50 Buy
Kazakhtelekom KZTK 17,230 19,200 +11.43 Buy
KZTKp 8,000 9,300 +16.25 Buy
MREK MREK 1,100 1,130 +2.73 Hold
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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.
[2010-11-26]