Report
Andrey Kuznetsov ...
  • Andrey Krylov
  • Cole Akeson
  • Irina Lapshina
  • Maria Sukhanova
  • Mikhail Krasnoperov

CIS Market Daily - 27 июля 2018

КОММЕНТАРИЙ И ПРОГНОЗ - ВЧЕРА - УМЕРЕННЫЙ РОСТ, СЕГОДНЯ - ВСЕ ВНИМАНИЕ НА ЦБ РФ И ДАННЫЕ ПО ВВП СШАИндекс РТС вырос на 0,6% до 1 149 пунктов, MSCI EM по итогам торгов не изменился. В ходе торгов наиболее выраженную динамику показали Магнит (плюс 7,1%) и Яндекс (минус 3,2%) (подробнее см. отдельные комментарии ниже). Все сходятся во мнении, что на сегодняшнем заседании ЦБ РФ ставка понижена не будет, но тем не менее это событие все равно в центре внимания российского рынка. Глобальные рынки будут следить за публикацией многочисленных данных из США, в частности, отчета по ВВП.НОВОСТИ> Polymetal: превосходная динамика производственных показателей за 2К18, расходы под контролем> Evraz: операционные результаты за 2К18 свидетельствуют о хорошей прибыли за 1П18> Яндекс: результаты существенно превзошли ожидания> Магнит: за 2К18 рост выручки замедлился, валовая рентабельность снизилась, EBITDA - на 1% ниже консенсус-прогноза
Underlyings
Evraz PLC

Evraz engages in the production and distribution of steel and related products and coal and iron ore mining. Co. also produces vanadium products. Co. has four segments: Steel, which includes production of steel and related products at all mills except for those in North America, and includes the extraction of vanadium ore and production of vanadium products, iron ore mining and enrichment and certain energy-generating companies; Steel, North America, which includes production of steel and related products in the U.S. and Canada; Coal, which includes coal mining and enrichment; and Other operations, which includes energy-generating companies, shipping and railway transportation companies.

Magnit PJSC

Magnit is a holding company. Through its subsidiaries, Co. operates in the retail and distribution of consumer goods under the Magnit name. Co.'s retail operations are operated through convenience stores, cosmetic stores, hypermarkets and other. Most of its stores are located in the Southern, Central and Volga regions. Co. also operates stores in the North-Western, North-Caucasian, Urals and Siberian regions. As of Dec. 31 2014, Co.'s stores chain consisted of 9,711 stores: 8,344 convenience stores, 190 hypermarkets, 97 Magnit Family stores and 1,080 drogerie stores in 2,108 cities and towns throughout the Russian Federation.

Magnit PJSC Sponsored GDR RegS

Polymetal International Plc

Polymetal International is the ultimate parent entity of Polymetal Group, a precious metals mining group operating in Russia, Kazakhstan and Armenia. Co. has five reportable segments: Magadan; Ural; Khabarovsk; Kazakhstan; and Armenia. Each segment is engaged in gold, silver or copper mining and related activities, including exploration, extraction, processing and reclamation.

Yandex NV Class A

Yandex is an internet and technology company that operates an internet search engine in Russia. Co. builds intelligent products and services powered by machine learning. Co.'s products and services are based on complex, unique technologies that are not easily replicated. Co. generates substantially all of its revenues from online advertising. Co. also generates revenues from its e-commerce offerings, classifieds and e-hailing service. Co.'s businesses are organized in the following operating segments: Search and Portal; E-commerce; Taxi; Classifieds and Experimental businesses.

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
Andrey Kuznetsov

Andrey Krylov

Cole Akeson

Irina Lapshina

Maria Sukhanova

Mikhail Krasnoperov

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