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:
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Closure Target Potential,
Issuer Code price price % Recommenda-
tion
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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
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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]