Market reviews and recommendations of BCC Invest JSC (Kazakhstan) analysts for June 20, 2011

/IRBIS. June 20, 2011/ - BCC Invest JSC has provided IRBIS with a survey of main events, market reviews and investment ideas for June 20, 2011. The analysts expect multidimensional opening of trades amid mixed and multidimensional closure of trading on Friday. During the day, according to forecasts of "BCC Invest" JCS, the dynamics of trades on the local stock market will be average for the summer period, dynamics of stocks quotations movement will be predominantly positive, and the KASE index will end the day with increase. Analysts of JSC "BCC Invest" expect the following developments on international markets today: - In the coming days Russia is expected to publish data on disposable income, according to real wages, retail sales, unemployment rate and on investment in production capacity. - At 12:00 (AST) in Germany to be published data on producer prices, and in Italy at 14:00 (AST) to be published data on orders and sales in the industrial sector. At 14:00 (AST) to be published data on euro area current account balance and current account balance of payments ECB, and 15:00 (AST) - the cost of labor. - no important publications of the U.S. economic statistics are expected. Analysts of BCC Invest JSC are giving the following advice for investors in securities of issuers in internal market: -------------------------------------------------------------- Closing Target Potential, Issuer Code price price % Recommen- dation ----------------- ------- -------- ------ ---------- --------- Kazkommertsbank KKGB 428 583 +36.21 Neutral KKGBp 188 196 +4.26 Neutral Halyk Bank HSBK 318 415 +30.50 Hold Bank CenterCredit CCBN 500 608 +21.60 Buy Tsesnabank TSBN 942.85 1,030 +9.24 Neutral KazMunaiGaz RDGZ 18,150 20,500 +12.95 Buy Kazakhmys PLC GB_KZMS 2,903 3,870 +33.31 Buy ENRC PLC GB_ENRC 1,820 2,550 +40.11 Buy Kazakhtelekom KZTK 19,550 Review KZTKp 9,400.01 9,300 -1.06 Hold MREK MREK 1,100 1,130 +2.73 Hold -------------------------------------------------------------- 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. [2011-06-20]