Report
Andrew Keeley ...
  • Andrey Kuznetsov
  • Anton Stroutchenevski
  • Artem Vinogradov
  • Cole Akeson
  • Kirill Rogachev
  • Oksana Mustiatsa
  • Rodion Lomivorotov
  • Svetlana Sukhanova

CIS Market Daily - February 15, 2019

MARKET COMMENT - SANCTIONS NEWS YESTERDAY CUTS INTO RUSSIA'S YTD OUTPERFORMANCEThe Russian market sharply underperformed peers yesterday, the RTS declining 2.9% to 1,156 while the MSCI EM and World (DM) slipped 0.3% apiece. Russia's outperformance has been reduced as a result - for instance, the RTS is up 8.2% YTD versus 7.6% for the MSCI EM. Meanwhile, RTS futures are up more than 1% today after the past two days of sharp underperformance, while APAC markets are weak on negative but not very material news flow out of the US-China trade talks.STORIES> EM inflows slow down but still fare better than DM Europe> VAT hike boosts Russia's budget revenues in January> TBC Bank founders asked by NBG to step down from local bank's board> EPAM: Solid 4Q18 results, slightly conservative outlook for 2019
Underlyings
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.

TBC Bank Group

TBC Bank Group is a holding company. Through JSC TBC Bank and its subsidiaries, Co. is engaged in universal banking operations that include corporate, small and medium enterprises, retail and micro operations within Georgia.

TBC Bank Joint Stock Co

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

Kirill Rogachev

Oksana Mustiatsa

Rodion Lomivorotov

Svetlana Sukhanova

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