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]