Overview of key developments from analysts of Asyl Invest JSC (Kazakhstan) on January 12, 2011

/IRBIS, January 12, 2011/ - JSC ASYL INVEST (Almaty) provided IRBIS overview of major events and of their investment ideas and forecasts on January 12, 2011. Analysts of JSC ASYL INVEST note that trading on the Kazakhstan stock market on Tuesday in the growth index KASE, mainly due to an increase in stock prices Kazakhtelecom (1.9%), BCC (1.5%) and NSBK (+ 1.4%). The trading volume in shares on Tuesday rose relative to the previous day's nearly 7-fold. Trading in shares and depositary receipts of Kazakhstan issuers on the London Stock Exchange on Tuesday have been positive. The news that Japan would join China to purchase debt obligations of European states and it's a positive start to the season in the U.S. reporting improved investor sentiment. The best dynamics in the auction was led by mining companies: ENRC (+4.05%), Kazakhmys (3.87%). Today, the external background for the Kazakhstan stock market develops positive. As a result of today's trading analytics of JSC ASYL INVEST expect growth index KASE. In addition, the analysts of JSC ASYL INVEST note the following events in world markets: - trading on stock exchanges in the U.S. on Tuesday ended with a moderate increase in major stock indexes. Positive dynamics in European trading and good start to the season reporting slightly improved investor sentiment. More on Monday for 4 quarter of 2010 reported the aluminum company Alcoa (AA). Company's financial results exceeded analysts' expectations. However, shares in trading on Tuesday declined by almost 1%, as investors expressed doubts about the optimistic forecasts of the company. The best dynamics in the auction was led by oil and gas sector against the backdrop of rising oil prices above $ 91/barr. Important economic statistics on Tuesday in the U.S. has not been published. - Today the U.S. is expected to yield a report "Beige Book" (Economic Survey from the Fed), which may influence the course of trading. News release regarding quarterly results of the largest companies today is not expected. Surrounding the financial statements of major companies in the last quarter will be published on Thursday: a report of the company Intel (INTC) and record company JP Morgan Chase & Co (JPM). Trades in the U.S. today probably end growth at the expense of positive dynamics of quotations on Asian and European trading and positive expectations about the quarterly results of the largest U.S. companies. - the main stock indexes in Western Europe rose up to the auction on Tuesday. Concerns about the financial problems the euro area has weakened, after it became known that Japan would join with China to purchase debt obligations of European countries, using its reserves. From official sources that Japan intends to buy 20% of government bonds to be issued under the program by Ireland. - today is expected to publish data on the volume of euro-zone industrial production for November. In the UK, is expected to yield data on trade balance. Today in Europe will be held auctions to sell government bonds Portugal and Germany, which are likely to be successful, that could support the euro and stock trading. As a result of today's trading on the stock exchanges in Western Europe, analysts of JSC ASYL INVEST expect growth in the major stock indexes. - major stock indexes are now showing the growth of Asia on expectations that the support from Japan and China will help the EU cope with debt problems. 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. [2011-01-12]