Market reviews and recommendations of BCC Invest JSC (Kazakhstan) analysts for November 14, 2011

14.11.11 15:47
/IRBIS, November 14, 2011/ - BCC Invest JSC has provided IRBIS with a survey of main events, market reviews and investment ideas for November 14, 2011. Analysts of JSC "BCC Invest" now expect positive opening of trades on positive external background. Further, during the day, according to analysts, the dynamics will be changeable, but the KASE index will, probably, end the day with increase. Analysts of BCC Invest JCS expect the following developments on international markets today: - In the next two days Russia is expected to publish data on GDP for the third quarter of 2011 and the budget balance for October. - In France at 13:45 (AST) will be published on balance of payments data for September. At 16:00 (AST) to be published data on industrial production of the Eurozone in September. - No important publications in the U.S. economic statistics are expected. - Today Gazprom OJCS, Mitsubishi UFJ Financial Group Inc, Rosneft Oil Co, Lukoil OAO, Sumitomo Mitsui Financial Group Inc, Mizuho Financial Group Inc, Uralkali OJSC, Lowe's Cos Inc, UniCredit SpA, and 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 234.99 320 +36.18 Neutral KKGBp 156.20 157 +0.51 Neutral Halyk Bank HSBK 218 296 +35.78 Buy Bank CenterCredit CCBN 295.02 Review Tsesnabank TSBN 800 1,030 +28.75 Neutral KazMunaiGaz RDGZ 14,970 15,900 +6.21 Buy Kazakhmys PLC GB_KZMS 2,225.60 2,440 +9.63 Hold ENRC PLC GB_ENRC 1,510 1,900 +25.83 Buy Kazakhtelekom KZTK 17,800 27,500 +54.49 Buy KZTKp 12,000 8,900 -25.83 Buy MREK MREK 1,350 1,130 -16.30 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. [2011-11-14]