Review of key events and forecasts from ASYL INVEST JCS (Kazakhstan) analysts for October 21, 2011

/IRBIS, October 21, 2011/ - ASYL INVEST JCS (Almaty) provided IRBIS with the review of main events and its investment ideas and forecasts for October 21, 2011. Analysts of ASYL INVEST JCS note the following tendencies on Kazakhstani and world markets: - The external news background for the domestic market today is positive, despite the fact that the major indexes Asia are not inspired by the yesterday rise of U.S. market. The news that at the moment Merkel and Sarkozy have gained agreement on "broad-based and ambitious package of measures" to resolve the crisis, and EU leaders will hold the next summit of October 26 to review the plan, are positive for the market. - Commodity markets are today recovering after falling on the previous day. Quotes of WTI oil and Brent are growing at moderate pace, while copper is growing in electronic trading in New York at 2.4%. Gold, recently going after markets, today adds 1%. The euro/dollar today is growing at 0.5%. - The news background today is positive for stocks of mining companies of Kazakhstan, quotes of Kazakhmys Plc, ENRC and KMG EP can markedly increase amid growth of prices for oil and industrial metals. This material has only informative 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 given in this material. [2011-10-21]