Market reviews and recommendations of BCC Invest JSC (Kazakhstan) analysts for November 1, 2011

01.11.11 15:53
/IRBIS, November 1, 2011/ - BCC Invest JSC has provided IRBIS with a survey of main events, market reviews and investment ideas for November 1, 2011. Analysts of JSC "BCC Invest" now expect negative opening of trades on negative external background. Further, during the day, according to analysts, the dynamics on locale will depend on mood of investors on foreign trading floors. Analysts of BCC Invest JCS expect the following developments on international markets today: - No important economic statistics will be published in Russia; - Russia is expected to publish data on the contingency fund and sovereign wealth fund. - in the UK at 13:00 (AST) to be published data on house prices and at 15:30 (AST) will be published the manufacturing PMI index, GDP data and activity in the services sector. - In the United States at 20:00 (AST) ISM publishes indexes of business activity in the manufacturing sector and a gradual acceleration of inflation, as well as data on the volume of expenditure in the construction sector. - today Gazprom OJCS, Pfizer Inc, Lukoil OAO, Itau Unibanco Holding SA, Emerson Electric Co, Credit Suisse Group AG, Baker Hughes Inc, Imperial Tobacco Group PLC, American Tower Corp, Archer-Daniels- Midland Co, Marathon Oil 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 248 320 +29.03 Neutral KKGBp 156.20 157 +0.51 Neutral Halyk Bank HSBK 217 296 +36.41 Buy Bank CenterCredit CCBN 315 608 +93.02 Buy Tsesnabank TSBN 800 1,030 +28.75 Neutral KazMunaiGaz RDGZ 15,100 15,900 +5.30 Buy Kazakhmys PLC GB_KZMS 2,261 2,440 +7.29 Hold ENRC PLC GB_ENRC 1,649 1,900 +15.22 Buy Kazakhtelekom KZTK 17,700 27,500 +55.37 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. [2011-11-01]