Report
Cole Akeson ...
  • Fedor Kornachev
  • Research Team

CIS Market Daily - November 10, 2021

MARKET COMMENT - US, CHINESE NUMBERS FUEL CONCERNS AHEAD OF TODAY'S US CPI DATAAlthough APAC heavyweights and Brazil pulled up the MSCI EM to a 0.3% gain yesterday, the EM median was flat and the US saw its first net declines in nine days. The RTS performed roughly in line with peers with a 0.1% decline to 1,864. US PPI yesterday and Chinese inflation numbers today have reinforced concerns about inflation for markets ahead of today's releases for US monthly CPI, Russian weekly CPI and Russian GDP.STORIES> Rostelecom 3Q21 IFRS results broadly in line with consensus; EBITDA guidance upgraded, as expected> MTS 3Q21 IFRS preview: Anticipating softer growth> HeadHunter: Positive 2021 trends persisting, upgrading to BUY
Underlyings
Mobile TeleSystems PJSC

Mobile Telesystems is a provider of mobile cellular communications services in the Russian Federation, Ukraine, Uzbekistan and Turkmenistan to consumers and corporate customers, employing technology based primarily on Global System for Mobile Communications (GSM). Co. had a mobile subscriber base of around 102.5 million (77.3 million in Russia, 20.4 million in Ukraine, 2.1 million in Turkmenistan, 1.6 million in Uzbekistan and 1.1 million in Armenia). In addition to standard voice services, Co. provides improved services, including voice mail, short message service, general packet radio service, and various SMS- and GPRS-based information and entertainment services.

Mobile TeleSystems PJSC Sponsored ADR

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.

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
Cole Akeson

Fedor Kornachev

Research Team

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