Market reveiws and recommendations of Financial Company REAL INVEST.KZ (Kazakhstan) analysts on December 13, 2011

/IRBIS, January 13, 2011/ - JSC Finance Company REAL Invest.kz (Almaty, REAL Invest.kz) provided to IRBIS overview of major developments in Kazakhstan and the world markets on January 13, 2011. JSC Financial Company REAL Invest.kz notes the following significant developments on the world stock, commodity and currency market: - trading on major U.S. and European markets on Wednesday ended with steady growth of quotations. Positive European players on Wednesday added the results of the auction of 10-year government bonds of Portugal, which is among the most problematic with regard to public debt. Portugal was able to successfully place the state. Bonds, thereby reducing the risks of an early treatment of Lisbon, for financial assistance. Level of accommodation on the auction amounted to 1.249 billion euros, and the demand greatly exceeded supply. According to the results of the day was marked by the growth of the regional indices in the range 0.61% -2.15%. Trades in the U.S., in turn, were in positive territory, adding in the middle of the day about 1%, while the released "Beige Book" The Fed has failed to add significant activity of American players, and the completion of the day for the indices of Dow Jones and S & P500 was at levels 0,72% and 0,9% respectively. Today in the United States is expected to publish a major package macro statistics. - Site emerging markets finished the session the next growth of quotations. The positive dynamics of the Western and raw areas on the eve, as well as encouraging news from Portugal, which on Wednesday placed the state bonds, finally, a good start to the season of corporate reports in the U.S. - are the main factors are more than strong growth in the indices of BRIC. Russia's RTS, a seller is only the second day after the Christmas holidays, on the session recorded the increase of 3.7%. - Oil prices, after correcting quotation at the beginning of the year, have been rising for three sessions in a row. According to the results of the last trading day, the cost per barrel of WTI rose just over 1% and the completion of the session was a little below the $ 92 per barrel. Despite the fact that the main driver of both the stock and commodity platforms at the moment is positive overall growth of market participants, more positive emotions players could make yesterday's statistics on oil and petroleum products in the country, according to which the volume of crude oil per week declined by more than 2 million barrels, which is about twice forecasts of experts. - on the basis of trading on Wednesday, the cost of ounce of gold increased by 0.36% to $ 1,387. In total, since the downward trend reversal beginning of the year, quotes "the precious metal has already risen by about 1.98%, but at the same time, trading around the same discount to the maximum values recorded at the beginning of the year. A real buzz in the bidding contracts for the supply of gold at the moment is not observed, probably, the situation could change corporate reporting season, which started in the U.S. - currency pair EUR/USD on the basis of the previous session up more than 0.76% to reach 1.31. Since the beginning of growth (10 January) the cost of a regional European currency has risen by about 1.5%, and the main contribution likely to have the results of yesterday's placement state. bonds Portugal. - British pound, meanwhile, grew up to the last session, more than 0.6%, similar to what it take to change the downward momentum on rising, while as a supporting factor for the past week consistently supports a positive makrostatistika Kingdom. Analysts of "REAL Invest.kz" noted that the most attractive stories among the shares of Kazakh companies are RD Kazmunaigas, Kazakhtelecom and Halyk Bank. Especially attractive EP KMG and Kazakhtelecom, as both companies are very strong balance sheet with low debt burden, the EP's net debt at all negative, i.e. cash flows of the company exceed liabilities. Besides their business generates more free cash flow, which allows them to pay a very solid dividends. Dividend income on preferred shares of KMG and Kazakhtelecom is 6-8% and 3-4% of ordinary shares. Shares of these companies are traded much cheaper than the shares of similar companies in other emerging markets. 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. [2011-01-13]