Report
Andrey Kuznetsov ...
  • Anton Stroutchenevski
  • Artem Vinogradov
  • Cole Akeson
  • Mikhail Krasnoperov
  • Rodion Lomivorotov
  • Sergei Konygin
  • Yuri Popov

CIS Market Daily - September 27, 2018

MARKET COMMENT - STREAK OF GAINS ENDS YESTERDAY; FULL POLITICAL AND MACRO CALENDAR TODAYThe RTS fell 0.7% to 1,161 yesterday, ending an 11-day streak of gains. The MSCI EM fared moderately better, edging up 0.4%. Little new emerged from the Fed meeting or from US congressional sessions discussing Russia. Today, Magnit's capital markets event, a heavy macro calendar (with extra emphasis on Italy) and more US political developments that may touch on relations with Russia will be in focus.STORIES> MSCI: New China A-share expansion proposal> MSCI: Feedback on unequal voting rights proposal due Friday> Russian monthly inflation in September stands at 0.1-0.2%> Federal Reserve Review: No hawkish turn> Tatneft boosts crude output and capex targets> Magnit: Transformation strategy unveiled
Underlyings
Magnit PJSC

Magnit is a holding company. Through its subsidiaries, Co. operates in the retail and distribution of consumer goods under the Magnit name. Co.'s retail operations are operated through convenience stores, cosmetic stores, hypermarkets and other. Most of its stores are located in the Southern, Central and Volga regions. Co. also operates stores in the North-Western, North-Caucasian, Urals and Siberian regions. As of Dec. 31 2014, Co.'s stores chain consisted of 9,711 stores: 8,344 convenience stores, 190 hypermarkets, 97 Magnit Family stores and 1,080 drogerie stores in 2,108 cities and towns throughout the Russian Federation.

Magnit PJSC Sponsored GDR RegS

TATNEFT (PREF A)

TATNEFT PJSC

Tatneft PJSC and its subsidiaries are engaged in crude oil exploration, development and production principally in the Republic of Tatarstan, Russia. Co. is a holding structure, which incorporates oil and gas production boards, crude oil and gas refining companies, as well as enterprises and servicing works selling the crude oil and also the products of crude oil and gas refining and petrochemical products. In addition to this, Co. is also participating in the banking and insurance activities. Co.'s operations are divided into the following main segments: Exploration and Production; Refining and Marketing; and Petrochemicals.

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
Andrey Kuznetsov

Anton Stroutchenevski

Artem Vinogradov

Cole Akeson

Mikhail Krasnoperov

Rodion Lomivorotov

Sergei Konygin

Yuri Popov

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