The review of key events from "Asyl-Invest" JCS analysts for May 2, 2011

/IRBIS, May 3, 2011/ - "Asyl-Invest" JCS (Almaty) has provided IRBIS with the review of main events and its investment ideas and forecast for May 02, 2011 Trading on the Kazakhstan stock market on Friday finished with decrease. KASE index on the basis of trades fell by 0.7% due to lower prices of shares of KMG EP - 2%), BCC (-2.5%) and Kazakhmys (-0,6%). Activity of market participants was relatively high. The trading volume of KASE index on Friday rose 1.9 times the previous day and reached 29.7 million tenge. Trading in shares and depositary receipts of Kazakhstan issuers on the London Stock Exchange on Friday and Monday were not made. Today, the external background for the Kazakhstan stock market seems to be neutral. Today, trading in the domestic stock market may be uncertain in nature. As a result of today's trading is probably a slight change in the KASE index. The economic statistics includes data on the Consumer Price Index for April. The index rose 0.5% m or 8,4% of the MHC. Besides, "Asyl-Invest" JCS analysts expect the following events on the worldwide markets: - Major U.S. stock indexes rose for the first few hours after the opening session Monday at the background of the news of the elimination of the leader of an international terrorist organization al-Qaeda Osama bin Laden by U.S. troops. This news has had a psychological impact on markets. The Dow Jones Industrial Index and the broad market S & P 500 during trading were close to levels of three-year highs and high-tech Nasdaq Composite index went on maximum levels for decade. Soon, however, enthusiasm for the death of a "terrorist number one" decreased, and the indices moved into negative territory, ending the trades on it.. The best dynamics in the auction was led by the pharmaceutical sector (0.92%) on the background of the news that the pharmaceutical company Teva Pharmaceuticals (TEVA) has agreed to buy the pharmaceutical company Cephalon (CEPH). Published in the U.S. corporate reporting and economic statistics didn't' affect the market much. - Economic statistics includes the data on business activity index in ISM industrial sector for April. The index decreased from 61.2 to 60.4 during April.The economists expected 59.5 pts decrease. Despite of April decrease, the index is still high. During past 4 months it overcomes the 60 pts level. - U.S. exchanges today ruled to cancel a number of transactions carried out after the close of trading, prices of which rose more than 30%. Shares of the transaction which will be repealed, are shares of the issuers associated with the companies Aetna (AET), Humana (HUM), Bristol-Myers Squibb (BMY), Pfizer (PFE), Eli Lilly (LLY), Johnson & Johnson (JNJ). - By today, the U.S. has published financial results of 243 companies, but in the opinion of ASYL INVEST analysts, today's publication would not cause great interest for the markets. Economic statistics is limited by publish of industrial orders data for March - The bidding on West European floors on Monday ended up near levels of previous closing. The LSE didn't host any bidding. The news about the elimination of Osama bin Laden affected the trade positively. - The bidding in West Europe may be non-confident today. The economic statistics includes the data on producers' price index for March in eurozone, the data on British PMI index for April. - Main Asian indexes demonstrate the moderately positive dynamics, because the concern on toughening of Chinese monetary police didn't come true. - The oil prices decrease today. June WTI oil futures decrease 0.45%, Brent oil futures - 0.35%. Gold prices rise insignificantly. Dollar continues to strengthen in accordance with Euro. 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]