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 ---------------------------------------------------------------------- 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]