Report
Alexey Kirichok ...
  • Andrey Kuznetsov
  • Cole Akeson
  • Irina Lapshina
  • Mikhail Krasnoperov
  • Mikhail Sheybe

CIS Market Daily - January 21, 2019

MARKET COMMENT - BREXIT, CENTRAL BANKS, SANCTION DECISIONS AND MORE THIS WEEKOnly Turkey (+2.0%) fared better than Russia (RTS up 1.7%) among EMs on Friday, while overall the MSCI EM climbed 0.9%. DMs also gained, the MSCI World rising 1.3%. Hopes of some bridging of the gap between the US and China in their trade dispute were among the drivers. APAC markets and oil are in positive territory today, though overnight quotes on the ruble are slightly down. The week's agenda is full with potential developments on Brexit and sanctions, BoJ and ECB decisions, and the annual Davos affair.STORIES> Iran, Libya and Venezuela seen driving OPEC+ deal over-compliance> NLMK 4Q18 trading update: Back to normal from high base of 3Q18> Severstal reports strong 4Q18 trade update, solid financials to follow> M.Video group registers 21% revenue growth in 4Q18
Underlyings
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%.

NLMK (GDR)

Novolipetsk Steel

Novolipetsk Steel is a vertically integrated steel manufacturing and production group based in Russia. Co. specializes in the manufacturing of high-quality hot and cold rolled steel in a variety of grades and sizes. Co. is also engaged in production and sales of flat steel products including slabs, hot rolled and cold rolled sheet, electrical steel, galvanized steel, cold rolled sheet with polymeric coatings. In addition, Co.'s areas of manufacturing include sintering, coke production, blast furnace production, steel-making, hot and cold-rolled flat steel production, galvanized and prepainted steel production. Co. exports its products to 70 countries around the world.

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

Andrey Kuznetsov

Cole Akeson

Irina Lapshina

Mikhail Krasnoperov

Mikhail Sheybe

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