Report
Alexander Kudrin

CIS Market Daily - July 18, 2017

> Trader's comment on Russian market
> Market comment - Strong metals thanks to China, weak oil thanks to rising supply threats
> Russian industrial output growth slows in June
> Kazakh National Bank leaves base rate at 10.5%
> MMK reports solid 2Q17 trading update
> FAS orders operators to adjust domestic roaming prices
> QIWI: Otkritie Holding's tender offer canceled
> LSR Group amends it dividend policy: Good news?
> Etalon Group: 2Q17 sales improve
Underlying
Etalon Group (GDR)

Etalon Group is a real estate development and construction company. Co.'s principal activity is residential development in Saint-Petersburg metropolitan area and Moscow metropolitan area, the Russian Federation. Co. has three reportable segments: Residential Development, which includes construction of residential real estate including flats, built-in premises and parking places; Constructions Services, which includes construction services for third parties and for internal purpose; and Other Operations, which include selling of construction materials, construction of stand-alone premises for commercial use and various services related to sale and servicing of premises.

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
Alexander Kudrin

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