Market reviews and recommendations of BCC Invest JSC (Kazakhstan) analysts for December 26, 2011

/IRBIS, December 26, 2011/ - BCC Invest JSC has provided IRBIS with a survey of main events, market reviews and investment ideas for December 26, 2011. Analysts of BCC Invest JCS note the following events on international markets today: - On Friday, December 23, on trading floors in Asia and Oceania there was a positive trend, helped by investor optimism after the publication of strong U.S. economic statistics before. Despite the decrease in the rate of growth of the U.S. economy in the third quarter, the December data showed a further improvement in the consumer sector and the labor market, which was the main reason for the positive opening of trading in the region. Trading in Japan was closed in observance of the birthday of the emperor. Major stock indexes in Asia and Oceania finished the day with increase by 0.8% - 1.4%. - Trading on the Kazakhstan Stock Exchange ended with moderate rise of 0.3% on the index KASE. Turnover on the "blue chips" of the domestic stock market amounted to 15.5 million tenge, the total turnover of shares - 1,534.0 million tenge of which 1.51 billion tenge were made on common shares of "SAT & Company". - Russian MICEX and RTS finished the day lowering by 0.7% and 0.1%, respectively. During the day, at the Russian sites uncertain dynamics was observed, with sales leaders were shares of mining and metallurgical industry. - Trading in Europe opened in positive territory, continuing to rise on positive signs about the U.S. economy. This, pre-Christmas session ended with a growth of 0.5% - 1.0%, while in London there was a short trading day. The reason for such upbeat investor sentiment on European markets - again the U.S. macroeconomic data, this time on orders for durable goods. - Trading on the U.S. stock markets ended with the growth in the range of 1.0% to positive data on orders for durable goods in November. It is noted that the increase in orders by 3.8% (m/m) was associated with increase in orders for aircrafts. - Today, trading on the European and American markets will be closed in observance of Christmas, as bidding was closed on the stock exchanges of Australia and Hong Kong. Of the major macrostatistics, analysts of "BCC Invest" note data on the unemployment rate in France in November. 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 192.60 320 +66.15 Neutral KKGBp 142 157 +10.56 Neutral Halyk Bank HSBK 210 Review Bank CenterCredit CCBN 251.45 Review Tsesnabank TSBN 800 1,030 +28.75 Neutral KazMunaiGaz EP RDGZ 13,803 15,900 +15.19 Hold Kazakhmys PLC GB_KZMS 2,100 2,440 +16.19 Hold ENRC PLC GB_ENRC 1,499.99 1,900 +26.67 Buy Kazakhtelekom KZTK 18,725 27,500 Review KZTKp 14,000 8,900 Review 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. [2011-12-26]