/IRBIS. July 26, 2011/ - BCC Invest JSC has provided IRBIS with a survey of main events, market reviews and investment ideas for July 26, 2011.

The analysts expect negative opening of trades on KASE against the background of decrease of quotations of stocks and depository receipts of Kazakhstani issuers in London the day before. 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:

• Today in Russia no important economic statistics is expected.
• in Germany at 12:00 (AST) GfK will publish consumer confidence index, and in France at 12:45 (AST) will be published data on the index of consumer confidence. In the UK, at 14:30 (AST) to be published data on GDP and the index of activity in the services sector.
• in U.S. at 19:00 (AST) will be published house price index from S & P / CaseShiller, at 20:00 (AST) to be published data on consumer confidence, the index of manufacturing activity Richmond Fed, and sales in the primary housing market.
• Today the following enterprises will be reporting: Amazon.com Inc, BP PLC, Occidental Petroleum Corp, United Parcel Service Inc, GlaxoSmithKline PLC, 3M Co, LVMH Moet Hennessy Louis Vuitton SA, UBS AG, Ford Motor Co, BG Group PLC, Deutsche Bank AG, National Oilwell Varco Inc, Las Vegas Sands Corp, Lockheed Martin Corp, Covidien PLC, Cummins Inc, and others

Analysts of BCC Invest JSC are giving the following advice for investors in securities of issuers in internal market:

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                           Closing Target Potential,
Issuer            Code       price  price          % Recommen-
                                                     dation
----------------- ------- -------- ------ ---------- ---------
Kazkommertsbank   KKGB         380    545     +43.42 Hold
                  KKGBp        167    168      +0.60 Neutral
Halyk Bank        HSBK         310    415     +33.87 Hold
Bank CenterCredit CCBN         495    608     +22.83 Buy
Tsesnabank        TSBN      942.85  1,030      +9.24 Neutral
KazMunaiGaz       RDGZ      17,550 20,500     +16.81 Buy
Kazakhmys PLC     GB_KZMS    3,100  3,500     +12.90 Hold
ENRC PLC          GB_ENRC    1,850  2,200     +18.92 Buy
Kazakhtelekom     KZTK      19,790                   Review
                  KZTKp      9,480  9,300      -1.90 Hold
MREK              MREK    2,999.99  1,130     -62.33 Hold
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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.

[2011-07-26]