Report
Cole Akeson ...
  • Ekaterina Usanova
  • Mikhail Krasnoperov
  • Research Team

CIS Market Daily - January 18, 2022

MARKET COMMENT - SWIFT RELIEF PROVES SHORT-LIVED ON CONSULATE EVACUATION CLAIMSThe RTS sank 0.7% to 1,475, its lowest level since last April. The market continues to ignore oil reaching its highest levels since the 2014 crisis. Relief from media reports that the EU and US have decided not to pursue excluding Russia from SWIFT proved temporary, as futures and other Russia indicators are underperforming early this morning following media reports that staff have been evacuated from Russia's diplomatic facilities in Ukraine.STORIES> M.Video reappoints Fernandez as CEO
Underlying
M Video

M.video PAO (formerly known as M.video OAO) is a Russia-based consumer electronics and home appliance retail chain. M.video PAO operates through numerous stores in over 100 cities, as well as through online store within the Russian Federation. It offers audio, video, digital, small and large home appliances, media and entertainment products, as well as accessories. It also offers products delivery and repair services. In addition, the Company provides management and consulting services for holding companies and for companies active in the financial and industrial sectors. M.video PAO operates through two wholly owned subsidiaries, located in Moscow. As of December 31, 2011, the Company's major shareholder was Svece Limited with a stake of 67.78%.

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

Ekaterina Usanova

Mikhail Krasnoperov

Research Team

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