Market reviews and recommendations of BCC Invest JSC (Kazakhstan) analysts for July 18, 2011

/IRBIS. July 18, 2011/ - BCC Invest JSC has provided IRBIS with a survey of main events, market reviews and investment ideas for July 14, 2011. The analysts expect mixed and multidimensional opening of trades on KASE on uncertain external background. During the day, according to the forecasts, the dynamics of stocks included into KASE index, will remain mixed and multidimensional, and KASE index will end the day near the neutral point. Analysts of JSC "BCC Invest" expect the following developments on international markets today: - In the coming days Russia is expected to publish data on the fiscal balance, retail sales, on investments in production capacity, the level of unemployment, disposable income and real wages. - Today in the euro area important publications of economic statistics are not expected. - In U.S. at 19:00 (AST) to be published data on volume purchases of long- term U.S. securities, at 20:00 (AST) - index of the housing market by NAHB. - Today the following enterprises will be reporting: International Business Machines Corp, Halliburton Co, Mosaic Co, VTB Bank OJSC, Wynn Resorts Ltd, Charles Schwab Corp, Koninklijke Philips Electronics NV, Stanley Black & Decker Inc, and others. 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 385 545 +41.56 Hold KKGBp 188 168 -10.64 Neutral Halyk Bank HSBK 325 415 +27.69 Hold Bank CenterCredit CCBN 490 608 +24.08 Buy Tsesnabank TSBN 942.85 1,030 +9.24 Neutral KazMunaiGaz RDGZ 17,050.01 20,500 +20.23 Buy Kazakhmys PLC GB_KZMS 3,200 3,500 +9.38 Hold ENRC PLC GB_ENRC 1,926 2,200 +14.23 Buy Kazakhtelekom KZTK 19,600 Review KZTKp 9,210 9,300 +0.98 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. [2011-07-18]