Report
Aleksey Ryabushko ...
  • Andrey Kuznetsov
  • Cole Akeson
  • Fedor Kornachev
  • Nikolay Minko
  • Yuri Popov

CIS Market Daily - June 17, 2019

MARKET COMMENT - MIXED BACKDROP TODAY WITH WEDNESDAY'S FED THE HIGHLIGHT THIS WEEKGlobal stock markets took a breather on Friday, the MSCI EM and World (DM) trimming back 0.7% and 0.3%, respectively. The RTS was in line with peers on a 0.4% decline to 1,341, while the CBR's rate cut came as no surprise. A mixed, largely neutral backdrop greets markets this morning, while the Fed meeting on Wednesday is this week's obvious global macro highlight.STORIES> Eleven US senators submit new bill that could sanction Nord Stream 2> CBR Review: Another cut, neutral policy in sight> Federal Reserve Preview: No cut imminent> Rosseti proposes hiking Federal Grid's tariffs for direct consumers
Underlyings
Federal Grid Co. of Unified Energy System JSC GDR

Federal Grid Company of Unified Energy System

Federal Grid Company Of Unified Energy System PJSC operates and manages the electricity transmission grid infrastructure of the Russian Unified National Electric Grid (the UNEG). Co.'s principal operating activities consist of providing electricity transmission services, providing connection to the electricity grid, maintaining the electricity grid system, technical supervision of grid facilities and investment activities in the development of the UNEG.

Rosseti

PJSC Rosseti is a holding company based in Russia. Co. is engaged in the management of companies that operate in the energy sector. Co.'s core business is the management of electric grid subsidiaries for the purpose of pursuing a common policy in the field of electric grid services, specifically in the area of innovations, energy conservation and energy efficiency, development and implementation of a common strategy for developing the distribution electric grid sector of the Russian Federation. Co.'s other services comprise property management, consulting, securities operations, scientific research and construction and transport and expedition.

Provider
Sberbank
Sberbank

​Sberbank CIB Investment Research is a research firm offering equity, fixed income, economics, and strategy research. It covers analysis on all aspects of Russia’s capital markets, issues and industries. The firm analyzes trends in Russia and combines local knowledge with a global perspective. It processes macroeconomic data, market and company-specific news, stock quotes and other information for providing research reports. The firm provides details and latest prices on the most traded names and most traded paper on all segments Russian market. In strategy research, it provides thematic research, tips and descriptions of the methodology used to evaluate companies.

Analysts
Aleksey Ryabushko

Andrey Kuznetsov

Cole Akeson

Fedor Kornachev

Nikolay Minko

Yuri Popov

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