Market reviews and recommendations of BCC Invest JSC (Kazakhstan) analysts for December 26, 2011
27.12.11 17:07
/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:
- Week starts on Asian sites was marked with mixed and
multidimensional trends. Japan's stock index Nikkei225
was trading in positive territory, investors won back the
positive U.S. data on consumer confidence, labor market
and orders for durable goods, after the past weekend on
23 December, marking the birthday of the Emperor. The
Shanghai composite indices and the Korean SCI 300
and KOSPI declined by an average of 0.6%. Trading day
promised to be not so active as usual, as in connection
with the celebration of Christmas was closing in Hong
Kong, Australia, Europe and the USA. Finally, on
Monday, December 26, trading in Tokyo closed down
the growth by 1.0%, while the indices in China and
Korea decreased by 0.6% - 1.0%.
- Trading on the Kazakhstan Stock Exchange in the
growth of 0.8% on the index KASE. Turnover on the
"blue chips" of the domestic stock market was only 14.7
million tenge, the total turnover of shares - 10,872.0
million tenge of which 5.4 billion tenge were made in
common shares and preferred shares of "SAT &
Company ".
- Russian MICEX and RTS closed the day with increase
by 1.0% and 1.4%, respectively, helped by a positive
close of trading in the U.S. Friday. Since the main
European and U.S. stock exchanges were closed, the
growth index occurred in very small volumes.
- This morning Asian indices went down by 0.4% - 1.3%
on fears of slowing economic growth in Japan and
reducing consumer confidence in South Korea.
- Today, in the focus of attention will be the publication of
data on U.S. housing prices from S&P/CaseShiller for
October and consumer confidence in December.
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 200 320 +60.00 Neutral
KKGBp 142 157 +10.56 Neutral
Halyk Bank HSBK 208 Review
Bank CenterCredit CCBN 251.45 Review
Tsesnabank TSBN 800 1,030 +32.43 Neutral
KazMunaiGaz EP RDGZ 13,803 15,900 +28.75 Hold
Kazakhmys PLC GB_KZMS 2,100 2,440 +16.19 Hold
ENRC PLC GB_ENRC 1,490 1,900 +27.52 Buy
Kazakhtelekom KZTK 19,400 27,500 Review
KZTKp 15,515 8,900 Review
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.
[2011-12-27]