Report
Andrew Keeley ...
  • Andrey Kuznetsov
  • Anton Stroutchenevski
  • Artem Vinogradov
  • Cole Akeson
  • Fedor Kornachev
  • Kirill Rogachev
  • Research Team
  • Rodion Lomivorotov

CIS Market Daily - June 23, 2020

MARKET COMMENT - US/CHINA NOISE, CBR AND MACRO REMARKS, OIL, POLITICS AND MSCIThe MSCI EM slipped 0.1% as markets were on the softer side early in the day. Verbal assurances that the US/China trade deal remains intact helped spur gains late in the day. Russia fared better than most peers, the RTS gaining 0.6% to reach 1,257. Today and tomorrow will see a heavy agenda of events, detailed below. STORIES> Mail.ru Group to seek Moscow listing, opens up MSCI prospects> CBR releases banking sector data for May> InterRAO proposes switching Cherepetskaya TPP from coal to gas> Aeroflot group sees traffic plummet 93.9% y-o-y in May> Drop in investment dragged on Ukrainian GDP growth in 1Q20
Underlyings
Aeroflot Russian Airlines

PJSC Aeroflot Russian Airlines is an international air transport company which is engaged in operations in Russia. The principal activity of Co. is the provision of passenger and cargo air transportation services both domestically and internationally and other aviation services from its base at Moscow Sheremetevo Airport. Co. and its subsidiaries also includes activities comprising airline catering, the operation of a hotel and insurance services. Associated undertakings mainly comprise hotel and duty-free retail businesses. The principal business segments are airline operations, airline catering, hotel operations and other.

Inter RAO UES PJSC

Inter RAO UES PJSC is a functioning operator of electricity exports and imports in the territory of Russia. Co. represents the interests of two Russian power sector participants: RAO UES of Russia and Rosenergoatom concern, which possess 60 and 40% of the shares respectively. Co. is engaged in arranging transboundary electricity supplies, to provide both domestic and foreign consumers with electric power. Co. is also engaged in pursuing effective investment activities. Co. is developing several areas of activity, including: electric power export and import supplies; electricity sales in home and foreign markets; investment activities; and foreign asset management.

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
Andrew Keeley

Andrey Kuznetsov

Anton Stroutchenevski

Artem Vinogradov

Cole Akeson

Fedor Kornachev

Kirill Rogachev

Research Team

Rodion Lomivorotov

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