Market reviews and recommendations of BCC Invest JSC (Kazakhstan) analysts for May 3, 2011

03.05.11 13:11
/IRBIS. May 03, 2011/ - BCC Invest JSC has provided IRBIS with a survey of main events, market reviews and investment ideas for May 3, 2011. The analysts are expecting a mixed and multidimensional opening on KASE in the inconsistent exterior background. During the day, the KASE index stock quotations dynamics will be changeable and the KASE index would probably end the day with moderate decrease. Analysts of JSC "BCC Invest" expect the following developments in international markets today: - Today at 10:00 (AST) the PMI production index will be published, and the data on reserve funds and national prosperity fund are expected. - Today in Great Britain at 14:30 (AST) the data on PMI produce index and at 16:00 (AST) - on CBI sales will be published. At 15:00 (AST) the Eurozone data on producers' price index will see the light. - Today in USA at 20:00 (AST) the data on industrial orders will be published. The reports of Pfizer Inc, Itau Unibanco Holding SA, Comcast Corp, Suncor Energy Inc, Emerson Electric Co and the others will be available. Analysts of BCC Invest JSC are giving the following advice for investors in securities of issuers in internal market: --------------------------------------------------------------- Closure Target Potential, Issuer Code price price % Recommenda- tion --------------------------------------------------------------- Kazkommertsbank KKGB 509,50 583 +14,43 Neutral KKGBp 225 196 -12,89 Neutral Halyk Bank HSBK 366 415 +13,39 Hold Bank CenterCredit CCBN 516,55 646 +25,06 Hold Tsesnabank TSBN 865 1 030 +19,08 Neutral KazMunaiGaz RDGZ 19 350 20 500 +5,94 Hold Kazakhmys PLC GB_KZMS 3 250 3 870 +19,08 Buy ENRC PLC GB_ENRC 2 250 2 550 +13,33 Hold Kazakhtelekom KZTK 19 700 Review KZTKp 9 800 9 300 -5,10 Hold 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. [2011-05-03]