Report
Alexey Kirichok ...
  • Anastasia Khakhaeva
  • Andrey Kuznetsov
  • Andrey Gromadin
  • Anna Kotelnikova
  • Anton Stroutchenevski
  • Artem Vinogradov
  • Cole Akeson
  • Irina Lapshina
  • Mikhail Krasnoperov
  • Rodion Lomivorotov
  • Svetlana Sukhanova
  • Yuri Popov

CIS Market Daily - October 29, 2019

MARKET COMMENT - FIXING GAINS YESTERDAY, MIXED GLOBAL BACKDROP THIS MORNINGThe RTS trimmed back 0.7% to 1,412, compared with a 0.7% gain for the MSCI EM and 0.4% rise for the MSCI World (DM). Global market gains were widely attributed to rising hopes of a US/China trade deal, in turn spurred by more positive remarks but little material from top US officials. This morning, APAC markets are mixed, largely thanks to a small stumble in Chinese indexes. Barring more interesting and urgent stories, global financial media will likely focus much attention today on market pre-positioning for tomorrow night's Fed decision.STORIES> Federal Reserve preview: Fed to cut by 25 bps and signal a pause> Novatek 3Q preview: Non-cash gain helps bottom line in weak quarter> Indonesian miners reportedly set to halt nickel ore exports ahead of ban> VEON appoints new co-chief operating officers> Lenta 3Q19 operating results: Top line declines by 0.4% y-o-y> Kazakh National Bank leaves key rate on hold but could tighten in 1Q20
Underlyings
Lenta International PJSC

Lenta is a hypermarket group based in Russia. Co. operates 87 hypermarkets in 50 cities across Russia and 16 supermarkets in the Moscow region with a total of approximately 571,328 sq.m. of selling space. Co. also operates four distribution centers for hypermarkets and one for supermarkets. operates three hypermarket formats: Standard, typically with approximately 7,000 sq. m. of selling space (smaller than many Western European hypermarkets) and 24,000 stock keeping unit (SKUs); Compact, typically with approximately 5,000 sq. m. of selling space and 20,300 SKUs; and Supercompact, typically with approximately 3,000 sq. m. of selling space and 15,000 SKUs.

NOVATEK JSC

Novatek is an independent gas producer and natural gas producer in Russia. Co. is engaged in the exploration, production, and processing of natural gas and liquid hydrocarbons. Co.'s upstream activities are concentrated in the Yamal-Nenets region, which is a natural gas producing area and accounts for a significant part of Russia's natural gas production. Co.'s three core fields are located in the regions of Yurkharovskoye, East Tarkosalinskoye and Khancheyskoye. Co. maintains natural gas reserves of approximately 1,144 bcm. Co.'s total net proved reserves totals around 8,088 million barrels of oil equivalent (boe).

NOVATEK JSC Sponsored GDR RegS

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
Alexey Kirichok

Anastasia Khakhaeva

Andrey Kuznetsov

Andrey Gromadin

Anna Kotelnikova

Anton Stroutchenevski

Artem Vinogradov

Cole Akeson

Irina Lapshina

Mikhail Krasnoperov

Rodion Lomivorotov

Svetlana Sukhanova

Yuri Popov

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