Overview of key developments from analysts of Asyl Invest JSC (Kazakhstan) on February 15, 2011

/IRBIS, February 15, 2011/ - JSC ASYL INVEST (Almaty) provided IRBIS overview of major events and of their investment ideas and forecasts on February 15, 2011. Analysts of JSC ASYL INVEST note that trading on the Kazakhstan stock market on Monday ended the growth of KASE index on a positive external background. The best dynamics in the auction was led by mining companies, following their evolution on the London Stock Exchange. ENRC shares in the domestic market grew by 3%, Kazakhmys shares - by 2.1%. Trading in shares and depositary receipts of Kazakhstan issuers on the London Stock Exchange on Monday ended with multidirectional price dynamics. Positive momentum was led by mining companies, reacting to the data on increased imports of China. Kazakhmys shares were up 1.4%, shares of ENRC - by 0.5%. KKB GDR fell by 4.1%, continuing the correctional movement down, which was begun three trading sessions earlier. GDR NSBK out of the zone correction went up by 1.2%. Positive statistics on consumer price index, published yesterday in China, today adds a moderately positive external background for the shares and depository receipts of Kazakh issuers. The growth index was weaker than economists' expectations, suggesting that the effectiveness of measures taken by China to cool its own economy. 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: - Major U.S. stock indexes on Monday were trading in a narrow range in the absence of driver movement. On Monday the yield important economic statistics and significant internal corporate news was not. External background formed ambiguous and did not give presentation to investors about the direction of the markets. Against this backdrop, trading in stocks on Monday was "flat." Total on the NYSE on Monday, has been bought and sold 817.23 million shares. The best dynamics in the auction was led by oil companies, despite a decline in the value of the March futures price of U.S. crude oil "Light Sweet". - Today the U.S. is expected to yield important economic statistics that can affect the dynamics of highly capitalized stocks that are sensitive to economic news and as a consequence, the dynamics of major stock indices. Of the important economic data are now expected to publish data on retail sales for January and Treasury data on international capital flows for December. Retail sales in the United States regained their pre-crisis growth rates, indicating that the economic recovery. Basic retail sales in U.S. rise for seven months. Total retail sales in January may grow more rapidly than in previous times, since the growth of this index for December, probably constrained by poor weather conditions. It is therefore likely that the output data on retail sales would have a positive impact on stock trading in the U.S. today. Also in the U.S. today, will be published data on the manufacturing index Empire Manufacturing for February, data on the import price index for January, data on inventory in December, data on the housing market index from the NAHB, data on consumer confidence from ABC. Positive effect on trading may also have economic statistics from the Asian region. - Trading on the stock exchanges in Western Europe on Friday ended with multidirectional dynamics of the major stock indexes. Impact on the auction provided the resignation of President Hosni Mubarak. Economic statistics released in China, has caused the rise in prices of shares of commodity companies. On the background of the news about the growth of China's imports by 51% MHC. Prices for industrial metals, which led to an increase in stock prices of metallurgical companies. - Today on the stock trading in Europe, the effect will be to provide internal and external factors. The internal include domestic economic statistics. Today in the euro zone will be published GDP data for the IV quarter, data on trade balance for December and data sentiment index in the business environment for February. In the UK, will be published data on the consumer price index for January, data on the retail price index for January, data on producer price index for January and the data on house price index from the DCLG in December. The external factors may include economic statistics from China and the dynamics of the major U.S. stock indices. In general, analysts of JSC ASYL INVEST expected growth of the main stock indexes in Western European countries on the basis of todays trading. - Major stock indexes in the Asian region are now showing multidirectional dynamics. Today, China has published an important market for economic statistics, which today has a positive impact on stock trading in Asia. The consumer price index in China in January rose by 4.9%, while economists forecast growth at 5.4%. National Bureau of Statistics of China changed the weight of the components of the index, noting that this action will affect inflation upwards. Overall inflation in China for the fourth time exceeded the target level of government in 2011. Also a positive impact on trading in Asia Bank of Japan has a rating of the Japanese economy. Central Bank left its key interest rate unchanged at 0.1%. 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. [2011-02-15]