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

/IRBIS, October 18, 2011/ - BCC Invest JSC has provided IRBIS with a survey of main events, market reviews and investment ideas for October 18, 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 be negative, as at the end of trading on the markets negative background has formed, connected with scepsis regarding to solution of Eurozone debt problems, so KASE index will probably end the day with decrease. Analysts of JSC "BCC Invest" expect the following developments on international markets today: - In the next three days Russia is expected to publish data on unemployment, retail sales, the real wage of disposable income, and investment in production capacity. - In the UK at 14:30 (AST) will be published data on the index of consumer and retail prices, as well as on producer prices. At 15:00 (AST) will be published on the current situation index for Germany ZEW sentiment index and the business environment for both Germany and the euro area as a whole. - In the United States before the opening of trading at 18:30 (AST) will be published producer price index, and at 20:00 (AST) - Housing Market Index from the NAHB. - Today Johnson & Johnson, Coca-Cola Co, Intel Corp, Bank of America Corp, Goldman Sachs Group Inc, UnitedHealth Group Inc, EMC Corp, CSX Corp, Yahoo! Inc, State Street Corp, Check Point Software Technologies Ltd, Juniper Networks Inc, 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 250 320 +28.00 Neutral KKGBp 148 157 +6.08 Neutral Halyk Bank HSBK 218 322 +47.71 Buy Bank CenterCredit CCBN 329.90 608 +84.30 Buy Tsesnabank TSBN 865 1,030 +19.08 Neutral KazMunaiGaz RDGZ 14,300 15,900 +11.19 Buy Kazakhmys PLC GB_KZMS 2,166.75 2,440 +12.61 Buy ENRC PLC GB_ENRC 1,550 1,900 +22.58 Buy Kazakhtelekom KZTK 18,149 27,500 +51.52 Buy KZTKp 10,200 8,900 -12.75 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. [2011-10-18]