Market reviews and recommendations of BCC Invest JSC (Kazakhstan) analysts for November 3, 2011

03.11.11 16:02
/IRBIS, November 3, 2011/ - BCC Invest JSC has provided IRBIS with a survey of main events, market reviews and investment ideas for November 3, 2011. Analysts of JSC "BCC Invest" now expect neutral opening of trades on ambiguous external background. Further, during the day, according to analysts, the dynamics will remain mixed and multidimensional, and KASE index will probably end the day near the neutral point. Analysts of BCC Invest JCS expect the following developments on international markets today: - In Russia at 11:30 (AST) will be published PMI in services sector, as well as during the day - data on consumer prices, inflation and international reserves. - in the UK at 15:30 (AST) will be published PMI in services sector and data on changes in official reserves. At 18:45 (AST) will be published data on the ECB's main decision interest rate. - In the United States at 18:30 (AST) will be published performance data in non-agricultural sector, the labor costs and on the primary and re-apply for unemployment benefits. At 19:45 (AST) will be published index of consumer comfort from Bloomberg, and at 20:00 (AST)- ISM composite index for non-manufacturing sector and industrial orders in September. - today Unilever PLC, Sanofi, Suncor Energy Inc, CVS Caremark Corp, American International Group Inc, Bayerische Motoren Werke AG, BNP Paribas SA, DIRECTV, Starbucks Corp, ArcelorMittal, ING Groep NV, and many others are 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 242 320 +32.23 Neutral KKGBp 156.20 157 +0.51 Neutral Halyk Bank HSBK 210.01 296 +40.95 Buy Bank CenterCredit CCBN 315 608 +93.02 Buy Tsesnabank TSBN 800 1,030 +28.75 Neutral KazMunaiGaz RDGZ 14,979 15,900 +6.15 Buy Kazakhmys PLC GB_KZMS 2,120 2,440 +15.09 Hold ENRC PLC GB_ENRC 1,524.75 1,900 +25.61 Buy Kazakhtelekom KZTK 17,600 27,500 +56.25 Buy KZTKp 11,899.99 8,900 -25.21 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. [2011-11-03]