Report
Andrew Keeley ...
  • Andrey Kuznetsov
  • Anton Stroutchenevski
  • Artem Vinogradov
  • Cole Akeson
  • Kirill Rogachev
  • Rodion Lomivorotov

CIS Market Daily - July 2, 2019

MARKET COMMENT - RESUMPTION OF US-CHINA TALKS SPURS RALLY, WHILE FOCUS ON OPEC+ TODAYGlobal markets broadly climbed yesterday, the MSCI EM rising 0.9% and its DM counterpart 0.6%. Russia was in the top quarter of EMs, while the RTS climbed 1.5% to 1,402, its highest close since mid-2014. The resumption of US-Chinese trade talks was the key driver for global markets. The key focus for the Russian and many other markets today is the OPEC+ meeting, even though headline details of the extension of the group's production limits came out over the weekend.STORIES> Russia Economic Monthly: What to do with the National Wealth Fund> Consumption and net exports drove GDP growth in 1Q19> Kazakh GDP growth eases to 3.8% in 1Q19> Kazakh monthly inflation slows to 0.2% in June> Moscow Exchange: Close short trade idea
Underlying
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.

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
Andrew Keeley

Andrey Kuznetsov

Anton Stroutchenevski

Artem Vinogradov

Cole Akeson

Kirill Rogachev

Rodion Lomivorotov

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