Report
Andrew Keeley ...
  • Andrey Kuznetsov
  • Andrey Gromadin
  • Anna Kotelnikova
  • Anton Stroutchenevski
  • Artem Vinogradov
  • Cole Akeson
  • Fedor Kornachev
  • Ilyas Yerzhanov
  • Kirill Rogachev
  • Research Team
  • Rodion Lomivorotov

CIS Market Daily - October 1, 2020

MARKET COMMENT - EU AND US REMARKS ON RUSSIA, METALS MEETING, PMIS DUEA 2.0% gain for the RTS (1,179) made Russia one of the best performers on a broadly positive day for global markets (MSCI EM +1.2%). A sharp rebound in the ruble in turn supported stocks. Indicators are mixed this morning. An EU leaders' summit and another push from members of the US Congress on Russia policy make room for political headlines regarding Russia today. A government and metals company meeting is in focus here in Russia, while PMIs are coming in from around the globe. STORIES> /> Duma publishes 2021-23 federal budget bill> Basic sector output slips 5.2% y-o-y in August> Prices flat for second straight week last week> State oil companies to pay dividends from adjusted net income> InterRAO strategy event: No news is bad news> Etalon Group reports 1H20 IFRS results
Underlyings
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.

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.

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

Andrey Gromadin

Anna Kotelnikova

Anton Stroutchenevski

Artem Vinogradov

Cole Akeson

Fedor Kornachev

Ilyas Yerzhanov

Kirill Rogachev

Research Team

Rodion Lomivorotov

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