The review of key events from "Asyl-Invest" JCS analysts for June 14, 2011

/IRBIS, June 14, 2011/ - "ASYL-INVEST" JCS (Almaty) has provided IRBIS with the review of main events and its investment ideas and forecast for June 14, 2011 Trading on the Kazakhstan stock market ended with decrease on Monday. KASE index on the basis of trades fell by 0.3% to 1573.84 points. Drop occurred for the shares of BCC (-3.3%), EP KMG (-2.4%), ENRC (-1%), NSBK (-0.2%), growth - in shares of KKB (5.2 %) and Kazakhmys (0.3%). Activity of market participants was relatively high. The trading volume for shares of KASE index on Monday amounted to 12.6 million tenge. Trading in shares and depositary receipts of Kazakhstan issuers on the London Stock Exchange on Monday ended with multidirectional dynamics. Relatively weak were shares of banks. NSBK GDR lost 0.23%, GDR of KKB have not changed in price. KMG GDR went up by 0.4%, GDR of Zhaikmunai decreased by 0.09%. Shares of mining companies rose on the background of information that Glencore is considering the purchase of ENRC for $19.5 million ENRC shares against this background grew by 4.65%, Kazakhmys shares - by 2.15%. Today, the external background for the Kazakhstan stock market develops neutral. Analysts of ASYL INVEST do not exclude the reduction of quotations on the domestic market for the trading. In addition, analysts of ASYL INVEST note the following events on world markets: - After Friday's fall, the major U.S. stock indexes on Monday moved to drift sideways with a predominance of positive dynamics. Analysts of ASYL INVEST believe that this was a temporary pause in a protracted fall, raising concerns that the economic downturn. Economic statistics on Monday was not published. The best dynamics in the auction was shown by financial sector (0.87%), the worst - the shares of oil and gas sector (-1.43%). Recent declined because of falling oil prices mark WTI. June futures for WTI crude oil on Monday lost 2%, falling to $ 97.3 per barrel. In general, trading volume on Monday totaled 908.34 million shares, and turnover - $ 25.05 billion. Today the focus of market participants will be economic statistics. Of the important statistics to be published data on the index of producer prices for May, retail sales data for May. - Major stock indexes in Western Europe finished the session on Monday with a slight increase. The British FTSE 100 index jumped up by shares of mining sector. Stocks of ENRC rose 4.65% on news of a possible purchase of the company from Glencore (GLEN). Today in the UK is expected to yield important economic statistics. To be published data on the consumer price index for May. - Major Asian stock indexes are now showing growth despite economic statistics published in China. The consumer price index in China in May rose by 5.5% MHC, which coincided with the forecast of economists. Value of the index in May was the highest for the last 3 years. Despite this fact, investors do not often worry about the possible tightening of monetary policy in China. Also in China today came out data on industrial production for May. Figure rose by 13.3% MHC, while economists had forecast an increase of 13.1%. - Oil prices are now traded in different directions, the U.S. dollar declines. July futures for WTI crude oil are now down by 0.1%, the July futures for Brent crude are rising by 0.2%. Gold today, adds 0.3%, silver - 0.9%. U.S. dollar declines by 0.3% against a basket of currencies. The euro/dollar is rising by 0.1%. This material has exclusively information character and is not the offer or recommendation to make any transactions with the stocks. IRBIS Agency doesn't take responsibility for the opinions which are in this material [2011-06-14]