The review of key events from "Asyl-Invest" JCS analysts for June 15, 2011
15.06.11 15:04
/IRBIS, June 15, 2011/ - "ASYL-INVEST" JCS (Almaty) has provided
IRBIS with the review of main events and its investment ideas and
forecast for June 15, 2011
The auctions in the Kazakhstan share market on Tuesday have come
to the end with decrease. Index KASE following the results of the
auctions has decreased on 0.11 % to 1572.09 points. Reduction of
prices has occurred in stocks of NSBK (-0.3 %), ENRC (-0.3 %), BCC
(-0.2 %). Activity of participants of the market was relatively low. The
volume of the auctions under stocks of index KASE on Tuesday has
made 10.1 million tenge.
The auctions by stocks and depository receipts at the London stock
exchange on Tuesday have come to the end with multidimensional
dynamics. Stocks of Kazakhmys have risen in price for 3.8 %, shares
of ENRC have decreased by 1.9 %. GDRs of EP KMG have fallen in
price by 1.3 %. GDRs of banks have finished the auctions by growth.
GDRs of KKB have risen in price for 2.8 %, GDR of NSBK Ч by 0.6 %.
Today the external background for the Kazakhstan share market
develops the neutral. Analysts of joint-stock company "ASYL INVEST"
don't exclude decrease in quotations in home market following the
results of the auctions.
In addition, analysts of ASYL INVEST note the following events on
world markets:
- Major share indexes of the USA have finished session of
Tuesday by growth because of the economic statistics which has
weakened fears concerning delay of growth of world economy.
Following the results of session indexes have shown the best
dynamics for almost for two months. To positive dynamics at
opening the share markets of the USA are obliged to the
economic data from China. Industrial production in China in May
has grown by 13.3% y/y. The data has surpassed forecasts of
economists. The internal economic statistics also has made
positive impact on a course of the auctions by actions. Retails in
the USA in May have decreased on 0.2 % while economists
predicted decrease on 0.5 %. The base indicator has grown on
0.3 % - above the forecast of economists. As a whole decrease
in retails in May has occurred at the expense of decrease in
sales of a car.
- Today in the USA in the center of attention of participants of the
market there will be economic statistics. From the important
statistics there are data on a consumer price index for May, the
data on industrial production for the May, the data of Exchequers
of the USA about the international streams of the capital for April
will be published. The basic share indexes of the Western
Europe have finished session of Tuesday by growth for the
second day successively as the data in China and the data on
retails in the USA has surpassed forecasts of economists in
industrial production.
- Today in the euro area there is data on industrial production for
April. In Great Britain there is data about number of references
behind the unemployment benefit for May, the data on a rate of
unemployment for April.
- Basic Asian share indexes show today multidimensional
dynamics. The prices for oil bargain today move
multidimensionally, the US dollar decreases. July futures for oil
of mark WTI decrease today on 0.3 %, July futures for oil of mark
Brent grow on 0.5 %. Gold adds today on 0.03 %, silver - on 0.4
%. The US dollar grows by 0.1 % in relation to a basket of
currencies. The euro/dollar duo decreases on 0.2 %.
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
[2011-06-15]