Market reviews and recommendations of BCC Invest JSC (Kazakhstan) analysts for October 27, 2011
27.10.11 16:30
/IRBIS, October 27, 2011/ - BCC Invest JSC has provided
IRBIS with a survey of main events, market reviews and
investment ideas for October 27, 2011.
Analysts of JSC "BCC Invest" now expect neutral opening of
trades amid multidirectional movement of quotations of stocks
and depository receipts of Kazakhstani issuers in London the
day before. Further, during the day, according to analysts,
positive dynamics will prevail during the trading, and KASE index
will end the day with increase.
Analysts of BCC Invest JCS expect the following
developments on international markets today:
- Russia is expected to publish data on international
reserves.
- Germany is expected to publish data on consumer
prices. At 15:00 (AST) will be published the eurozone
business climate index, and indices of consumer,
economic, industrial confidence and trust in the services
sector. In the UK, 16:00 (AST) CBI will publish data on
the volume of retail trade.
- In the United States before the opening of trading at
18:30 (AST) to be published data on real GDP for the
third quarter, personal consumption, core CPI and
applications for unemployment benefits. At 20:00 (AST)
to be published data on pending transactions in the
housing market, and at 21:00 (AST) Federal Reserve
Bank of Kansas City will publish the manufacturing
index.
- today Exxon Mobil Corp, Statoil ASA, PetroChina Co
Ltd, China Petroleum & Chemical Corp, Industrial &
Commercial Bank of China, America Movil SAB de CV,
China Unicom Hong Kong Ltd, Novo Nordisk A / S, BOC
Hong Kong Holdings Ltd , Procter & Gamble Co, Royal
Dutch Shell PLC, Lukoil OAO, Taiwan Semiconductor
Manufacturing Co Ltd, Komatsu Ltd, Softbank Corp,
Occidental Petroleum Corp, ENI SpA, Altria Group Inc,
Bristol-Myers Squibb Co, Las Vegas Sands Corp, and
many others will be reporting.
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 245 320 +30.61 Neutral
KKGBp 148 157 +6.08 Neutral
Halyk Bank HSBK 210 322 +53.33 Buy
Bank CenterCredit CCBN 319.75 608 +90.15 Buy
Tsesnabank TSBN 865 1,030 +19.08 Neutral
KazMunaiGaz RDGZ 14,500.01 15,900 +9.66 Buy
Kazakhmys PLC GB_KZMS 2,181.01 2,440 +11.67 Buy
ENRC PLC GB_ENRC 1,600 1,900 +18.75 Buy
Kazakhtelekom KZTK 18,162.80 27,500 +51.41 Buy
KZTKp 11,500 8,900 -22.61 Buy
MREK MREK 1,299 1,130 -13.01 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. IRBIS Agency
doesn't take responsibility for the opinions which are in given material.
[2011-10-27]