Report

ATON DAILY (ROSN, MNOD, 486 HK, MRKZ, PHOR, AFLT) // August 25

● NNK and China Energy could become Rosneft (ROSN LI; BUY, TP – $7.3) shareholders

â–¼ Nornickel (MNOD LI; HOLD, TP – $18.3) recommends interim dividends of RUB224.2/share

● Rusal (486 HK; BUY, TP – HKD5.3) reports neutral 2Q17 financials

● MRSK North-West (MRKZ RX; NR) 1H17 IFRS results conference call takeaways

â–¼ Phosagro (PHOR LI; HOLD, TP – $13.5) reports weak 2Q17 financials

● Phosagro (PHOR LI; HOLD, TP – $13.5) conference call takeaways

● Aeroflot (AFLT RX: TP: HOLD, TP – RUB190) 1H17 IFRS results preview

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Aton
Aton

Since its inception in 1991, ATON has built a reputation for combining in-depth local knowledge of the Russian market with the highest international standards in research, sales and trade execution. As a result, we have been able to attract many of the leading domestic and international institutional fund management groups as our clients. As one of the leading independent investment banks in Russia, we offer the full range of institutional brokerage service, including:

  • Detailed fundamental analysis of economics, sectors and companies, with the widest coverage universe in Russia and the CIS;
  • Timely trading ideas to help clients take advantage from short-term pricing discrepancies;
  • Competitive prices and prompt execution of trades;
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