Sberbank - Mining and Metallurgical Company NORILSK NICKEL (GDR) ... CIS Market Daily - October 6, 2020

Report

Sberbank

Alexey Kirichok ...

Andrey Kuznetsov
Cole Akeson
Irina Lapshina
Research Team
Vladimir Lezhnev

CIS Market Daily - October 6, 2020

MARKET COMMENT - US STABILITY AND STIMULUS HOPES; CENTRAL BANKS AND HALYK IN FOCUS The MSCI ACWI advanced 1.6% and the RTS 0.9% (to 1,158). Global gains were driven by hopes of progress in US fiscal stimulus talks and the US president departing the hospital. The oil and gas sector outperformed in Russia amid a near 5% rally in oil prices. Halyk Bank's investor event and a long list of remarks due from global central bankers are among items in focus. STORIES> Retail investor statistics: Inflows return to record highs> Nornickel provides its own damage estimates for the fuel spill

06/10/2020 11 EN

Underlyings

Mining and Metallurgical Company NORILSK NICKEL (GDR)

See profile

US46626D1081 Russian Trading System Russia

MMC Norilsk Nickel PJSC

MMC Norilsk Nickel PJSC is a global producer of nickel, palladium, platinum and copper. Co. also produces by-products, such as cobalt, chromium, rhodium, silver, gold, iridium, ruthenium, selenium, tellurium and sulfur. Co. is involved in prospecting, exploration, extraction, refining and metallurgical processing of minerals, as well as in production, marketing and sale of base and precious metals. Co.'s production facilities are located in five countries: Russia, Australia, Botswana, Finland, and South Africa. Co.'s production units are integrated and include: the Polar Division (the Taimyr Peninsula); and the Kola Mining and Metallurgical Company (Kola MMC or the Kola Peninsula).

See profile

RU0007288411 Moscow Exchange MICEX-RTS Russia

Provider

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.

See profile

Analysts

Alexey Kirichok

Andrey Kuznetsov

Cole Akeson

Irina Lapshina

Research Team

Vladimir Lezhnev

Other Reports on these Companies

Wood and Company

The Rear-View Mirror – EME markets: multi-month rally interrupted in Turkey

EME Equity Market – January 2023 Market performance – strong start to 2023 in Czechia and Greece; multi-month rally interrupted in Turkey. The MSCI EM Europe Index gained 3.2% mom in EUR terms and 4.6% mom in USD in January. The Czech PX and the Greek ASE were the best performers, posting double-digit gains of 12.3% and 10.0% mom in EUR terms, respectively. There were also very decent performances from Poland, Hungary and Romania, with gains of 5.5% mom, 5.5% mom and 4.7% mom in EUR terms, respectively. Turkey was the lone loser this time around, with the market correcting to the downside by a...

February 2, 2023 February 2, 2023 1 EN

Wood and Company

WOOD Daily: ARION IR; ISB IR; OTP HB; LPP PW; US Macro; NLBR SV; ADKO AV; MYTIL GA; RO Energy; FP RO; PPC GA; SAB1L LH; CDR PW; MNOD LI

HEADLINES: • Icelandic Banks: the outliers (initiating on Arion banki with a BUY and Islandsbanki with a HOLD) • OTP Bank: should fare well, absent more negative events (upgraded to BUY) • LPP: 3Q22 below expectations on costs pressure; strong Black Friday sales; FY22E guidance maintained NEGATIVE • US macro: Fed sticking to its hawkish message • NLB Group: constitutional court annuls FX law • Addiko Bank: Slovenian Constitutional Court rejects retroactive Swiss Franc Law POSITIVE • Mytilineos: new corporate structure • Romanian energy: energy regulations adopted by Parliament in Novembe...

December 15, 2022 December 15, 2022 1 EN

Wood and Company

The Rear-View Mirror – EME markets: all indices up, Turkey outperforms the most

EME Equity Market – October 2022 Market performance – in a positive month across the board, Turkey outperforms yet again. The MSCI EM Europe Index advanced by 12.7% mom in EUR terms and 14.4% mom in USD. The ISE30 was, once again, the best-performing index in our coverage, adding 23.4% mom in EUR terms and 25.2% in local currency terms. All the other indices recorded positive performances as well, with the WIG (+14.8% EUR / 11.5% lcl), the BUX (+11.4% EUR / 8.5% lcl) and the ASE (+10.3% EUR) delivering double-digit gains mom. The Czech PX advanced 5.9% EUR / 5.4% lcl mom, and the BET recorded ...

November 2, 2022 November 2, 2022 1 EN

Russian Consumer - Unemployment and Income: The Outlook for 2022

In its modern history, Russia has not suffered any major spikes in joblessness. Its unemployment rate has ranged from between 4.8% and 8.3% since 2005 (versus 3.6-9.9% in the US for the same period). However, considering the sectors currently affected and companies scaling down operations in Russia, we see 1.1 mln out of the total 71 mln jobs at risk. But because this comes amid a labor shortage, which emerged in late 2021, companies are aiming to hold on to personnel, while the government is announcing extra social support measures. In a conservative scenario, the unemployment rate could go u...

March 24, 2022 March 24, 2022 1 EN

Andrew Keeley ... (+3)

Andrew Keeley
Arthur Cherkesov
Ekaterina Sidorova

Russian Banks - What We Know at This Stage

In this note, we sum up a few thoughts on the current situation for Russia's banks.> Immediate pressure weathered... Since the initial brief depositor panic in late February, deposit flows have stabilized and even turned into net inflows as banks have hiked short-term deposit rates to around 20%, in line with the key rate.> ... and the CBR has experience of crises. The CBR is well versed in supporting the banking system through crises and has already made important moves in providing liquidity and capital forbearance. The banking sector recapitalization that we saw in 2008-09 and 2014-15 is no...

March 24, 2022 March 24, 2022 1 EN

Alisa Zakirova ... (+8)

Alisa Zakirova
Anton Stroutchenevski
Artem Vinogradov
Ekaterina Sidorova
Igor Rapokhin
Olga Sterina
Research Team
Rodion Lomivorotov

Долговые рынки сегодня - 24 марта 2022. "Недружественные" страны будут платить за российский газ в рублях; Недельная инфляция в РФ составила 1,9%; Северсталь не смогла провести купонный платеж по еврооблигациям

РЫНОК ВНЕШНЕГО ДОЛГА СТРАН СНГВ среду рынок российского суверенного долга оставался неактивным.ГОСУДАРСТВЕННЫЕ ЦЕННЫЕ БУМАГИВ среду мы наблюдали откат на рынке ОФЗ - доходности повысились на 20-40 б. п. Это довольно умеренное изменение, если учесть недавнюю волатильность (в понедельник-вторник доходности с открытия упали на 250-300 б. п.). Бумаги закрылись в основном с доходностью в диапазоне от 13,5% до 16%. Объемы торгов продолжают постепенно восстанавливаться: МосБиржа сообщила, что дневной оборот составил 13,5 млрд руб., однако это соответствует лишь половине от среднего дневного объема за...

March 24, 2022 March 24, 2022 1 RU

Sign-up for free to access full reports immediately

Email Address*

Choose Password* ( 6 or more characters )

Due to regulatory restrictions regarding the distribution of financial research, this report is restricted to a specific region or investor type. Get access to exclusive reports by answering the questions below.

Select your country*

Get financial insights straight to your inbox

By clicking "register" you accept the Terms and Conditions & Privacy Policy

Already on ResearchPool?

Almost there...

Are you a professional investor?

Select your country

REGISTER

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

In order to access this report please create an account.

LOGIN

CIS Market Daily - October 6, 2020

The Rear-View Mirror – EME markets: multi-month rally interrupted in Turkey

WOOD Daily: ARION IR; ISB IR; OTP HB; LPP PW; US Macro; NLBR SV; ADKO AV; MYTIL GA; RO Energy; FP RO; PPC GA; SAB1L LH; CDR PW; MNOD LI

The Rear-View Mirror – EME markets: all indices up, Turkey outperforms the most

Russian Consumer - Unemployment and Income: The Outlook for 2022

Russian Banks - What We Know at This Stage

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

Sign-up for free to access full reports immediately

ResearchPool Subscriptions

Get the most out of your insights

Why subscribe?

How to subscribe

ResearchPool Subscriptions

This report is only available to subscribers

Why subscribe?

How to subscribe