Report
Anastasia Khakhaeva ...
  • Andrey Kuznetsov
  • Anton Stroutchenevski
  • Artem Vinogradov
  • Cole Akeson
  • Research Team
  • Rodion Lomivorotov
  • Svetlana Sukhanova

CIS Market Daily - September 24, 2020

MARKET COMMENT - YANDEX, TCS AND MAIL YESTERDAY; STATE BANKS, AMCHAM AND FED TODAYMarkets saw slight declines to moderate gains yesterday, until a broad retreat in the US pulled them down last night and into this morning. The RTS (1,196) fared better than most with a 0.2% gain yesterday, but futures and other indicators suggest the market will adjust this morning. An EU summit, events for Sberbank, VTB and AmCham, and more Fed testimony are on today's agenda.STORIES> Consumer prices in Russia flat last week> Mail.ru Group: Raising $600 mln in cash> Weaker consumption and exports drag on Ukrainian GDP in 2Q20
Underlying
Mail.ru Group Ltd. Sponsored GDR

Mail.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.

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
Anastasia Khakhaeva

Andrey Kuznetsov

Anton Stroutchenevski

Artem Vinogradov

Cole Akeson

Research Team

Rodion Lomivorotov

Svetlana Sukhanova

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