Report
Alex Fak ...
  • Alexander Kudrin
  • Andrew Keeley
  • Anton Stroutchenevski
  • Artem Vinogradov
  • Cole Akeson
  • Elena Tsareva
  • Maria Sukhanova
  • Mikhail Krasnoperov
  • Rodion Lomivorotov
  • Sergei Konygin
  • Svetlana Sukhanova
  • Tom Levinson
  • Valery Nesterov

CIS Market Daily - March 20, 2018

MARKET COMMENT - SLUGGISH MARKETS AMID US VOLATILITY SPIKE
Investors were risk-averse yesterday amid negative headlines for the US and in global tech stocks. Russia suffered along with EM peers on the back of a market retreat and higher volatility. Things seem to be settling down this morning, and we expect markets to absorb Chinese, US and Saudi developments.

STORIES
> Putin wins new term - what are the next steps?
> Russian industrial production rises 1.5% y-o-y in February
> Ukraine's new central bank chairman presents three-year strategy
> Federal Reserve Preview: Powell to pull the trigger
> Rosneft has a chance to put a profligate 2017 behind it
> Bashneft 4Q: WC climbs for seventh straight quarter, but pace slows
> Halyk Bank 4Q17 conference call: Guidance looks conservative
> MTS 4Q17 IFRS: Good results; capex guidance includes Yarovaya law
> Rusagro 4Q17 IFRS: Adjusted EBITDA drops 19% y-o-y
Underlyings
Halyk Savings Bank of Kazakhstan GDR

Halyk Savings Bank of Kazakhstan JSC

Ros Agro PLC

Ros Agro, through its subsidiaries, is engaged in agricultural production, cultivation of pigs, processing of raw sugar and production of sugar from sugarbeet, vegetable oil production and processing. Co. and its subsidiaries are organised on the basis of four segments: Sugar, which is engaged in the production and trading operation with white sugar; Meat, which is engaged in the cultivation of pigs and selling of consumable livestock to third parties; Other agriculture, which is engaged in the cultivation of plant crops and dairy cattle livestock; as well as Oil, which is engaged in vegetable oil extraction, production and sales of mayonnaise, consumer margarine, and bottled vegetable oil.

Rosneft Oil Co.

OJSC OC Rosneft is a vertically-integrated Russian oil and gas company with upstream and downstream operations in each of Russia's oil-producing regions. Headquartered in Moscow, Co. operates ten oil and gas producing enterprises across Russia and is involved in over ten exploration projects. In addition to its upstream operations, Co. also owns two refineries, which have a combined capacity of 10 million tons per year, as well as four main oil export terminals and a nationwide network of over 600 service stations. Co.'s downstream operations consist of its crude oil export structure, refining operations and nationwide network of marketing subsidiaries.

Rosneft Oil Co. Sponsored GDR RegS

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
Alex Fak

Alexander Kudrin

Andrew Keeley

Anton Stroutchenevski

Artem Vinogradov

Cole Akeson

Elena Tsareva

Maria Sukhanova

Mikhail Krasnoperov

Rodion Lomivorotov

Sergei Konygin

Svetlana Sukhanova

Tom Levinson

Valery Nesterov

Other Reports on these Companies
Other Reports from Sberbank

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