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:
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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
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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.
[2011-11-16]