- Anton Stroutchenevski
- Artem Vinogradov
- Cole Akeson
- Fedor Kornachev
- Lyudmila Melnikova
- Mikhail Krasnoperov
- Research Team
CIS Market Daily - October 21, 2021
MARKET COMMENT - GLOBAL MOMENTUM SLOWS WITH MOST RISK ASSETS DOWN THIS MORNINGGlobal stock markets gained yesterday, the MSCI ACWI and S&P 500 both coming within 1% of record highs and the RTS setting another ten-year high on a 0.2% gain to 1,905. However, momentum slowed in yesterday's session, and this morning most risk assets are in negative territory on a lack of global drivers and with focus back on regional concerns, like the Evergrande debt crisis. NLMK's results and a long list of political and central bank events are on today's agenda.STORIES> Russia Economic Monthly: Global inflationary forces still the main risk> Weekly inflation accelerates to 0.26% in week ending October 18> VEON 3Q21 IFRS preview> Yandex 3Q21 US GAAP preview> VK 3Q21 IFRS preview> MHP 3Q21 trading update: High poultry prices boost revenue growth> Kazakh economy improves in SeptemberMail.Ru Group is an Internet company based in the Russian Federation. Co. operates the email service [email protected] and two IM networks in Russia - Mail.Ru Agent and ICQ. Co. operates two Russian-language online social networking sites: Moi [email protected] and Odnoklassniki.ru, and owns a strategic minority equity stake in the social network Vkontakte. Co. is also engaged in developing projects in E-commerce and operating more than 40 thematic vertical sites, targeting various user categories. Co. is also Russia's predominant online games company. Co. maintains a portfolio of online games which includes 34 MMO games and over 30 games for social networking sites.
MHP is a holding company. Through its subsidiaries, Co. is engaged in poultry and related operations, grain growing, as well as other agricultural operations. Co.'s poultry and related operations integrate all functions related to the production of chicken, including hatching, fodder manufacturing, raising chickens to marketable age, processing and marketing of branded chilled products and include the production and sale of chicken products, sunflower oil, mixed fodder and convenience food products. Grain growing produces and sells grains. Other agricultural operations comprise the production and sale of cooked meat, sausages, beef, milk, goose meat, foie gras, fruit and feed grains.
Yandex is an internet and technology company that operates an internet search engine in Russia. Co. builds intelligent products and services powered by machine learning. Co.'s products and services are based on complex, unique technologies that are not easily replicated. Co. generates substantially all of its revenues from online advertising. Co. also generates revenues from its e-commerce offerings, classifieds and e-hailing service. Co.'s businesses are organized in the following operating segments: Search and Portal; E-commerce; Taxi; Classifieds and Experimental businesses.
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.
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