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]