Report
Anastasia Khakhaeva ...
  • Andrew Keeley
  • Andrey Kuznetsov
  • Cole Akeson
  • Kirill Rogachev
  • Research Team
  • Svetlana Sukhanova

CIS Market Daily - August 24, 2020

MARKET COMMENT - OPTIMISTIC GLOBAL BACKDROP; POLITICAL EVENTS AND THE FED IN FOCUS THIS WEEKThe MSCI ACWI edged up 0.2% while performances were widely mixed across regions. Russia was one of the poorest performers among EMs with a 0.8% decline on the RTS to 1,262, while the ruble and oil also fell. Positive US/China headlines have helped spur a renewed rally this morning, while Belarus, the Fed and political conferences, and a dozen companies reporting are on this week's agenda.STORIES> Moscow Exchange 2Q20: Strong quarter driven by record fee income> QIWI: Strong business recovery continues
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.

Qiwi Plc Sponsored ADR Class B

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 Kuznetsov

Cole Akeson

Kirill Rogachev

Research Team

Svetlana Sukhanova

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