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: --------------------------------------------------------------- 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 --------------------------------------------------------------- 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]