Report
Aleksey Ryabushko ...
  • Alexey Kirichok
  • Andrew Keeley
  • Andrey Kuznetsov
  • Anton Stroutchenevski
  • Artem Vinogradov
  • Cole Akeson
  • Fedor Kornachev
  • Irina Lapshina
  • Kirill Rogachev
  • Nikolay Minko
  • Oksana Mustiatsa
  • Rodion Lomivorotov
  • Svetlana Sukhanova
  • Yuri Popov

CIS Market Daily - January 28, 2019

MARKET COMMENT - RUSAL/EN+ SANCTIONS; CBR ON FX; US GOVERNMENT GOES BACK TO WORKMarkets climbed for a third day in a row on Friday, with for instance the MSCI EM up 1.3% and the RTS up 0.3% to 1,192. The big domestic news of the day was that the CBR would catch up on its FX interventions, while globally the key event came late with the announcement that the US government shutdown would end, at least for three weeks. Meanwhile, last night sanctions on Rusal and En+ Group were formally canceled.STORIES> OFAC formally cancels sanctions on Rusal and En+ Group> Huge upward revision to Russian construction data> CBR to start making up for forgone purchases> MMK releases neutral 4Q18 trading update> Fire at MMK's Magnitogorsk plant; impact likely to be limited> CBR reports banking sector data for 2018> VEON exploring options for taking GTH private> Unipro publishes 4Q18 production data and full-year 2018 results> Aviation data for 2018: Good operating figures belie tough financials
Underlyings
Magnitogorsk Iron & Steel Works (GDR)

Magnitogorsk Iron & Steel Works PJSC

Magnitogorskiy Metallurgicheskiy Kombinat PAO, formerly Magnitogorskiy metallurgicheskiy kombinat OAO, is a Russia-based company, active in the steel industry. Its main products are sinter, coke, iron, crude steel, rolled products and ore materials. The Company offers a wide range of products such as wire rod, rebars, square bars, strips, round bars, among others. It is also involved in the coal ore mining, processing of ore materials, sale of ferrous metal products and others. Magnitogorskiy metallurgicheskiy kombinat OAO operates as a supplier for such industries as: pipelines, vehicles, railway, construction and shipbuilding, among others. Its subsidiaries include Lys'venskaya Metallurgicheskaya Kompaniya OOO, among others. The Company operates domestically, as well as exports its products to the Commonwealth of Independent States (CIS) countries, Asia, the Middle East and Europe.

Unipro

E.ON Russia is engaged in the wholesale electricity market, it produces and sells electric and heat power. As of Dec. 31, 2012, the structure of Co. includes five heat power plants with the total installed capacity of 10,345 MW/2,125.9 Gcal/h: Surgutskaya GRES-2 (Khanty-Mansi Autonomous Area, Tyumen Region), Berezovskaya GRES (Krasnoyarsk Territory), Shaturskaya GRES (Moscow Region), Smolenskaya GRES (Smolensk Region) and Yaivinskaya GRES (Perm Territory).

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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

Alexey Kirichok

Andrew Keeley

Andrey Kuznetsov

Anton Stroutchenevski

Artem Vinogradov

Cole Akeson

Fedor Kornachev

Irina Lapshina

Kirill Rogachev

Nikolay Minko

Oksana Mustiatsa

Rodion Lomivorotov

Svetlana Sukhanova

Yuri Popov

Other Reports on these Companies
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