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:
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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
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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.
[2011-11-03]