Market reviews and recommendations of BCC Invest JSC (Kazakhstan) analysts for December 1, 2011

01.12.11 17:25
/IRBIS, December 1, 2011/ - BCC Invest JSC has provided IRBIS with a survey of main events, market reviews and investment ideas for December 1, 2011. Analysts of JSC "BCC Invest" now expect positive opening of trades amid positive closing of trading in London the day before. Further, during the day, according to analysts, the dynamics will be favorable, and KASE index will, probably, end the day with significant increase Analysts of BCC Invest JCS expect the following developments on international markets today: - Russia will publish index of business activity in the manufacturing sector of PMI, and data on international reserves, reserve fund and the fund of sovereign wealth. - in France at 12:30 (AST) to be published data for the 3rd quarter 2011 unemployment rate by ILO. Today will be published the manufacturing PMI index for November for Italy at 14:45 (AST), France at 14:50 (AST), Germany - at 14:55 (AST), the Euro zone at 15:00 (AST) and the UK at 15:30 (AST). - In the United States at 19:30 (AST) to be published data on applications for unemployment benefits, at 21:00 (AST) ISM publishes the index of business activity in the industrial sector and a gradual acceleration of inflation index. After the close of trading in the U.S. at 04:00 (AST) to be published data for November, sales of vehicles. 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 221.05 320 +44.76 Neutral KKGBp 156.20 157 +0.51 Neutral Halyk Bank HSBK 210 Review Bank CenterCredit CCBN 289.99 Review Tsesnabank TSBN 800 1,030 +28.75 Neutral KazMunaiGaz EP RDGZ 13,890 15,900 +14.47 Hold Kazakhmys PLC GB_KZMS 2,080 2,440 +17.31 Hold ENRC PLC GB_ENRC 1,465.90 1,900 +29.61 Buy Kazakhtelekom KZTK 17,500 27,500 +57.14 Buy KZTKp 12,500 8,900 -28.80 Sell 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. [2011-12-01]