Report
Aleksey Ryabushko ...
  • Alexander Kudrin
  • Andrey Kuznetsov
  • Anton Stroutchenevski
  • Artem Vinogradov
  • Cole Akeson
  • Igor Vasilyev
  • Irina Lapshina
  • Julia Gordeyeva
  • Kirill Plastinin
  • Maria Sukhanova
  • Rodion Lomivorotov
  • Sergei Konygin
  • Svetlana Sukhanova

CIS Market Daily - March 16, 2018

MARKET COMMENT - RUSSIA, OTHER EMS MUDDLING THROUGH DESPITE POLITICAL EVENTS
Russia was in the middle of the pack yesterday, the RTS drifting 0.3% lower versus a 0.2% drop on the MSCI EM. The latest political developments had only a muted effect on Russian stocks, while US political events have unsteadied stocks in the US and globally. We are expecting a small drop at this morning’s open in response to a downbeat global trend.

STORIES
> More rhetoric in Skripal case; new, unrelated OFAC sanctions
> Four straight weeks of net inflow to EMs and Russia
> Russian budget surplus grows to R227 bln in February
> Potanin acquires 2.1% in Norilsk Nickel from Crispian
> MegaFon dividend policy violated, no payout in 2018
> InterRAO announces ABB, may cause MSCI float increase in May
> En+ Group 2017 IFRS results: Better than expected
> EPAM restarts M&A cycle with acquisition of Continuum
Underlyings
En+ Group International Public Joint-Stock Company

EPAM Systems Inc.

Epam Systems is a provider of software product development and digital platform engineering services to customers located around the world, primarily in North America, Europe, Asia and Australia. The company's industry services include financial services, travel and consumer, software and hi-tech, business information and media, life sciences and healthcare, as well as other industries.

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.

MMC Norilsk Nickel PJSC

MMC Norilsk Nickel PJSC is a global producer of nickel, palladium, platinum and copper. Co. also produces by-products, such as cobalt, chromium, rhodium, silver, gold, iridium, ruthenium, selenium, tellurium and sulfur. Co. is involved in prospecting, exploration, extraction, refining and metallurgical processing of minerals, as well as in production, marketing and sale of base and precious metals. Co.'s production facilities are located in five countries: Russia, Australia, Botswana, Finland, and South Africa. Co.'s production units are integrated and include: the Polar Division (the Taimyr Peninsula); and the Kola Mining and Metallurgical Company (Kola MMC or the Kola Peninsula).

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

Alexander Kudrin

Andrey Kuznetsov

Anton Stroutchenevski

Artem Vinogradov

Cole Akeson

Igor Vasilyev

Irina Lapshina

Julia Gordeyeva

Kirill Plastinin

Maria Sukhanova

Rodion Lomivorotov

Sergei Konygin

Svetlana Sukhanova

Other Reports on these Companies
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