Sberbank - Bashneft (BANE) CIS Market Daily - October 30, 2017

Report

Sberbank

Alexander Kudrin

CIS Market Daily - October 30, 2017

> Trader's comment on Russian market
> Market comment - Declaration of independence, indictment, Fed and BoE
> EMs see net weekly outflow for only second time since March
> Russia and China only BRICST members to see net outflow last week
> CBR review: 25 bp cut now and another in December
> Bashneft to pay interim dividend of R148.31 per share
> NLMK 3Q17 IFRS results and dividends: Above market expectations
> VTB: Prospering from turbulence, but still much room for improvement
> Mail.ru Group 3Q17 results: Exceptional performance in ads and games
> O'Key 3Q17 trading update: Revenues up just 0.7% y-o-y

30/10/2017 19 EN

Underlying

Bashneft

ANK Bashneft' PAO, formerly ANK Bashneft' OAO is a Russia-based company, which is active within the oil and gas industry. Its principal activities include the extraction, exploration and production of crude oil and oil products. The Company operates through a number of branches and subsidiaries, including network of gas filling stations. In addition, it operates various fields, such as Yangareiskoe and Sabriyaginskoe located in the Nenetsk regions. ANK Bashneft' OAO sells its products on the domestic market, as well as abroad. In July 2013, it completed the consolidation of petrochemical assets within United Petrochemical Company (UPC). In December 2013, it acquired LLC Bashneftegazrazvedka. In February 2014, it consolidated 100 % in Bashneft Trading AG. In March 2014, it acquired LLC Burneftegaz. In August 2014, the Company acquired OPTAN network of filling stations.

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RU0007976957 Moscow Exchange MICEX-RTS Russia

Provider

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.

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Analysts

Alexander Kudrin

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CIS Market Daily - October 30, 2017

CIS Market Daily - 18 Ð¼Ð°Ñ 2020

CIS Market Daily - May 18, 2020

CIS Market Daily - 22 Ð°Ð²Ð³ÑƒÑÑ‚Ð° 2019

Russian Consumer - Unemployment and Income: The Outlook for 2022

Russian Banks - What We Know at This Stage

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CIS Market Daily - 18 Ð¼Ð°Ñ 2020

CIS Market Daily - 22 Ð°Ð²Ð³ÑƒÑÑ‚Ð° 2019