Report
Anastasia Khakhaeva ...
  • Andrew Keeley
  • Andrey Gromadin
  • Anton Stroutchenevski
  • Artem Vinogradov
  • Arthur Cherkesov
  • Cole Akeson
  • Fedor Kornachev
  • Konstantin Samarin
  • Research Team

CIS Market Daily - February 3, 2022

MARKET COMMENT - GLOBAL, RUSSIA RALLIES SLOW; SENATORS AGAIN PROMISE A US SANCTIONS BILLThe global rally slowed, the MSCI ACWI gaining only 0.8% yesterday, while weak US tech results have driven indexes and futures down this morning. Russia's rally also lost pace, the RTS rising just 0.4% yesterday and with futures down more than 1% this morning. US senators continue to signal a new sanctions bill is due any moment, while NLMK's results and decisions from the ECB and BoE are due today.STORIES> Russian weekly inflation stays at 0.2%> Industrial production growth picks up in December and 4Q21> Russian crude oil and gas condensate production surpasses 11 mln bpd in January> Moscow Exchange 1m22 trading volumes: New record for equities volumes> Tinkoff 2021 RAS highlights: Booming deposits> Ozon 4Q21 operating results: GMV above initial guidance, 2022 GMV growth seen at 80% or higher> Softline updates its buyback program, increasing pecuniary amount to $100 mln
Underlyings
Moscow Exchange MICEX-RTS PJSC

Moskovskaya Birzha MMVB-RTS PAO. Moskovskaya Birzha MMVB-RTS PAO (MMVB-RTS OAO) is a Russia-based integrated stock exchange that provides electronic trade organization, clearing and settlements on trades, depository and information services. The Company provides trading and settlement services in such segments of the financial market as foreign exchange (FX) market, federal bonds market, market of derivative financial instruments, cash equities market, corporate and regional fixed income market, commodities market, as well as market for state and municipal orders. The Company was established as a result of the merger between MMVB ZAO and RTS OAO. It operates through six branches and three representative offices. As of February 27, 2013, the Company's major shareholder was the Central bank of the Russian Federation with a stake of 22.47%. In January 24, 2014, the Company sold its whole stake in MMVB-IT ZAO.

Ozon Holdings

SOFTLINE HLDG PLC

TCS Group Holding Plc Sponsored GDR Class A RegS

TCS Group Holding is a retail banking services group based in the Russian Federation. Co. is principally engaged in providing retail banking services in the Russian Federation through its subsidiaries, primarily Tinkoff Credit Systems. Co., through this subsidiary, fully licensed by the Central Bank of Russia and a member of the Deposit Insurance System, specializes in credit cards. Co. provides online retail financial services through a branchless operating platform. Co. also offers remote access to its financial products and services through its online banking as well as through mobile banking and high-volume call centers.

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

Andrew Keeley

Andrey Gromadin

Anton Stroutchenevski

Artem Vinogradov

Arthur Cherkesov

Cole Akeson

Fedor Kornachev

Konstantin Samarin

Research Team

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