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:
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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
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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.
[2011-12-01]