Market reviews and recommendations of BCC Invest JSC (Kazakhstan) analysts for November 16, 2011

16.11.11 16:59
/IRBIS, November 16, 2011/ - BCC Invest JSC has provided IRBIS with a survey of main events, market reviews and investment ideas for November 16, 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 will be changeable, but the KASE index will, probably, again end the day with decrease. Analysts of BCC Invest JCS expect the following developments on international markets today: - in Russia data on consumer prices, and within two days - data on industrial production in October are expected. - at 13:00 (AST) will be published data on October euro area new car registrations, and at 16:00 (AST) - the CPI. At 15:00 (AST) in Italy will be published CPI for October. In the UK, at 15:30 (AST) to be published data on unemployment, on applications for unemployment benefits, to change the number of unemployed and the average wage, and at 16:30 (AST) Bank of England will publish quarterly report on inflation. - in the United States at 18:00 (AST) to be published data on applications for mortgages to an MBA, at 19:30 (AST) - on consumer prices in October. At 20:15 (AST) to be published data on industrial production and capacity utilization, and at 21:00 (AST) will be published on the Housing Market Index NAHB. - today Target Corp, Tyco International Ltd, Vivendi SA, NetApp Inc, Ltd Brands Inc, Infineon Technologies AG, 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 237 320 +35.02 Neutral KKGBp 156.20 157 +0.51 Neutral Halyk Bank HSBK 217 296 +36.41 Buy Bank CenterCredit CCBN 290.01 Review Tsesnabank TSBN 800 1,030 +28.75 Neutral KazMunaiGaz EP RDGZ 14,850 15,900 +7.07 Hold Kazakhmys PLC GB_KZMS 2,090 2,440 +16.75 Hold ENRC PLC GB_ENRC 1,625 1,900 +16.92 Buy Kazakhtelekom KZTK 17,800 27,500 +54.49 Buy KZTKp 11,501 8,900 -22.62 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. [2011-11-16]