Market reviews and recommendations of BCC Invest JSC (Kazakhstan) analysts for January 4, 2012

/IRBIS, January 4, 2012/ - BCC Invest JSC has provided IRBIS with a survey of main events, market reviews and investment ideas for January 4, 2012. Analysts of BCC Invest JCS note the following events on international markets today: - In the Tuesday, January 3, on trading floors in Asia and Oceania first trading session of 2012 began on positive note. Published economic statistics were the optimism driver. So, the PMI index of nonmaterial sphere of China for December rose to 56.0 marks. As a result, the major stock indexes of Korea and Hong Kong finished the day increasing by more than 2.0%. Exchanges in Mainland China and Japan were closed. - Today, analysts of JSC "BCC Invest" expect positive opening of trading on KASE on the background of a significant increase in stock price and depository receipts on the eve of Kazakh companies in London. - In Russia, despite post-new year vacation, MICEX and RTS exchanges are operating in production mode. General optimism on world sites also took place on Russian exchanges. MICEX ruble on the basis of trading on Tuesday rose 3.03% and the dollar at RTS - at 3.79%. - Trading in Europe following Asia opened with steady growth. Significant macroeconomic statistics in Europe have been published yesterday. One can only note the data on the number of unemployed and the unemployment rate in Germany in December, which showed a decline of 22,000 and 0.1 percentage points, respectively, and the publication of data on the production sector PMI index in the UK in December, which was better than expectations and increased to 49.6 points. As a result, Europe's main stock indexes finished the day increasing by 0.7 - 2.4%. - Trading in the U.S. was no exception of yesterday global trend. Bidding took place in a positive way, which also contributed to the published macroeconomic data, among which are the index of business activity in manufacturing ISM for December, which showed an increase to the level of 53.9 points. As a result, U.S. stock indices rose by 1.4 - 1.7% - This morning the stock indexes in Asia and Oceania are moving in different directions, futures for U.S. indices show moderate decrease. - Today, in the focus will be the publication of data on the PMI indices in services in several European countries. 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 219.35 320 +45.89 Neutral KKGBp 142 157 +10.56 Neutral Halyk Bank HSBK 212 Review Bank CenterCredit CCBN 240 333 +38.75 Buy Tsesnabank TSBN 800 1,030 +28.75 Neutral KazMunaiGaz EP RDGZ 13,500 15,900 +17.78 Buy Kazakhmys PLC GB_KZMS 2,150 2,440 +13.49 Hold ENRC PLC GB_ENRC 1,500 1,900 +26.67 Buy Kazakhtelekom KZTK 20,116 27,500 Review KZTKp 18,000 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. [2012-01-04]