Report
Alexey Kirichok ...
  • Andrey Kuznetsov
  • Anton Stroutchenevski
  • Artem Vinogradov
  • Cole Akeson
  • Irina Lapshina
  • Nikolay Minko
  • Rodion Lomivorotov
  • Vladimir Lezhnev

CIS Market Daily - February 13, 2020

MARKET COMMENT - REVIVED CORONAVIRUS CONCERNS HALT YESTERDAY'S GLOBAL RALLYThe RTS gained 1.2% to 1,557, placing Russia among the best performing EMs for a second day in a row. A more than 2% rally in oil provided background support amid positive but hardly definitive news flow regarding the future plans of OPEC+. Meanwhile, a technical spike in Chinese coronavirus diagnoses has put an end to the rally in APAC markets this morning. STORIES> MSCI releases February rebalancing decisions with no Russia changes> Russian CPI inflation at 0.1% last week> Budget spending up 53% y-o-y in January; deficit registered> Sberbank deal between CBR and Finance Ministry to boost ruble> NLMK: 4Q19 EBITDA strong, 2020 capex guidance raised slightly
Underlyings
NLMK (GDR)

Novolipetsk Steel

Novolipetsk Steel is a vertically integrated steel manufacturing and production group based in Russia. Co. specializes in the manufacturing of high-quality hot and cold rolled steel in a variety of grades and sizes. Co. is also engaged in production and sales of flat steel products including slabs, hot rolled and cold rolled sheet, electrical steel, galvanized steel, cold rolled sheet with polymeric coatings. In addition, Co.'s areas of manufacturing include sintering, coke production, blast furnace production, steel-making, hot and cold-rolled flat steel production, galvanized and prepainted steel production. Co. exports its products to 70 countries around the world.

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
Alexey Kirichok

Andrey Kuznetsov

Anton Stroutchenevski

Artem Vinogradov

Cole Akeson

Irina Lapshina

Nikolay Minko

Rodion Lomivorotov

Vladimir Lezhnev

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