Market reviews and recommendations of BCC Invest JSC (Kazakhstan) analysts for October 6, 2011

06.10.11 16:01
/IRBIS, October 6, 2011/ - BCC Invest JSC has provided IRBIS with a survey of main events, market reviews and investment ideas for October 6, 2011. Analysts of JSC "BCC Invest" now expect positive opening of trades on positive external background. Further, during the day, according to analysts, dynamics on the local market will be mixed and multidimensional, and KASE index will end the day with moderate growth. Analysts of JSC "BCC Invest" expect the following developments on international markets today: - Today Russia is expected to publish data on international reserves. - Today in Britain at 13:00 (AST) will be published index of housing prices from Halifax, at 14:30 (AST) will be published data on the volume of loans on mortgage and re-index of activity in the service sector, and at 17:00 (AST) Bank of England will publish the decision on key interest rates. In Germany, at 16:00 (AST) to be published data on industrial orders, at 17:45 (AST) will be published the ECB's decision on the basic interest rate. - Today, in the United States at 18:00 (AST) will be published consumer sentiment index from the RBC, at 18:30 (AST) to be published data on applications for unemployment benefits, and at 19:45 (AST) - index of consumer comfort from Bloomberg. 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 248 Review KKGBp 148 Review Halyk Bank HSBK 224.30 322 +43.56 Buy Bank CenterCredit CCBN 329.39 608 +84.58 Buy Tsesnabank TSBN 903 1,030 +14.06 Neutral KazMunaiGaz RDGZ 12,600 15,900 +26.19 Buy Kazakhmys PLC GB_KZMS 1,780 3,450 +93.82 Buy ENRC PLC GB_ENRC 1,275 1,900 +49.02 Buy Kazakhtelekom KZTK 17,600 27,500 +56.25 Buy KZTKp 9,000 8,900 -1.11 Buy MREK MREK 1,182 1,130 -4.40 Hold ------------------------------------------------------------- The given 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 given material. [2011-10-06]