Market reviews and recommendations of BCC Invest JSC (Kazakhstan) analysts for October 14, 2011

/IRBIS, October 14, 2011/ - BCC Invest JSC has provided IRBIS with a survey of main events, market reviews and investment ideas for October 14, 2011. Analysts of JSC "BCC Invest" now expect negative opening of trades amid fall in quotations of stocks and depository receipts of Kazakhstani issuers in London the day before. Further, during the day, according to analysts, dynamics on the local market will remain positive, and KASE index will probably end the day with increase. Analysts of JSC "BCC Invest" expect the following developments on international markets today: - in Russia will be published data on producer prices and the monetary base in a narrow definition. - in Italy at 14:00 (AST) will be published balance of trade, and 15:00 (AST) - data on consumer price index. At 15:00 (AST) to be published data on euro area consumer price index and trade balance of the EU. - in the United States before the opening of trading at 18:30 (AST) will be published data on the index in import prices and retail sales. At 19:55 (AST) will be published by the consumer confidence index from the University of Michigan, and at 20:00 (AST) - data on commodity stocks. Also during the day monthly report on budget execution United States will be published. - today Coal India Ltd, Reliance Industries Ltd, and others will be reporting. 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 258.99 Review KKGBp 148 Review Halyk Bank HSBK 212 322 +51.89 Buy Bank CenterCredit CCBN 330 608 +84.24 Buy Tsesnabank TSBN 865 1,030 +19.08 Neutral KazMunaiGaz RDGZ 14,105 15,900 +12.73 Buy Kazakhmys PLC GB_KZMS 2,050 2,440 +19.02 Buy ENRC PLC GB_ENRC 1,530 1,900 +24.18 Buy Kazakhtelekom KZTK 18,200 27,500 +51.10 Buy KZTKp 9,630 8,900 -7.58 Buy MREK MREK 1,299 1,130 -13.01 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. [2011-10-14]