Report
Anastasia Khakhaeva ...
  • Andrew Keeley
  • Andrey Gromadin
  • Anton Stroutchenevski
  • Artem Vinogradov
  • Arthur Cherkesov
  • Cole Akeson
  • Ekaterina Usanova
  • Fedor Kornachev
  • Konstantin Samarin
  • Mikhail Krasnoperov
  • Research Team

CIS Market Daily - March 1, 2022

MARKET COMMENT - MSCI RUSSIA -27% D-O-D WHILE RUSSIA-UKRAINE, SANCTIONS NEWS CONTINUE TO DOMINATE INVESTOR ATTENTIONEquity trading in Moscow was canceled for yesterday and today. The government announced a range of measures to stabilize the Russian financial environment, but the measures also create risks for institutional investors. The MSCI Russia fell 27% yesterday, while Russia-Ukraine developments, sanctions news and the OPEC+ discussion are the obvious areas of focus today.STORIES> MSCI to consider urgent consultation to remove Russia from the MSCI EM> Government announces controls over nonresident repatriation, resident FX transactions> What monetary authorities are doing to stabilize financial sphere> New decree might impact dividend, debt payments; introduces buyback flexibility> Kaspi 4Q21 IFRS review: Still performing excellently> Rostelecom 4Q21 IFRS preview> VEON 4Q21 IFRS results: In line, no guidance for 2022> Fix Price 4Q21 IFRS review: EBITDA margin 20 bps above consensus, 73% dividend payout for 2H21
Underlyings
FIX PRICE GROUP LTD

Kaspi kz

Rostelecom (PREF A)

Rostelecom PJSC

Rostelecom PJSC provides communication services (including local, intra-zone, long-distance domestic and international fixed-line telephone services, mobile services), data transmission, Internet, Pay TV, VPN and data centers services, rent of communication channels and radio communication services in the territory of Russian Federation. Co. operates the main intercity network and the international telecommunications gateways of the Russian Federation, carrying voice and data traffic that originates in its own network and other national and international operators' networks to other national and international operators for termination.

VimpelCom Ltd. ADS

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
Anastasia Khakhaeva

Andrew Keeley

Andrey Gromadin

Anton Stroutchenevski

Artem Vinogradov

Arthur Cherkesov

Cole Akeson

Ekaterina Usanova

Fedor Kornachev

Konstantin Samarin

Mikhail Krasnoperov

Research Team

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