Report
Aleksey Ryabushko ...
  • Andrey Kuznetsov
  • Cole Akeson
  • Mikhail Krasnoperov

CIS Market Daily - August 31, 2018

MARKET COMMENTEMs were in broad retreat yesterday, as the MSCI EM declined 1.2% and fewer than a quarter of the countries in the index saw a positive performance. With a 0.7% drop, Russia was right at the median performance level. US trade rhetoric (discussed inside) and select EM domestic woes appeared to be largely to blame. The morning outlook looks little improved so far, and we expect a 0.25% drop on the open for the RTS.
Underlyings
O Key Group

O'key Group is a Russian retailer. Co.'s principal business activity is operation of retail chain in Russia under brand name O'KEY. Co. provides customers with fresh produce (fresh foods and delicatessen products) and non-food goods (cosmetics, clothing, shoes, household cleaning products, domestic appliances, toys, sports and fitness products, etc.). Co.'s stores follow two formats: hypermarkets and supermarkets. Co. manages approximately 71 stores (42 hypermarkets and 29 supermarkets) across North Western, Southern, Central, Urals and Siberian regions.

PIK Group

PIK Group GDR

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
Aleksey Ryabushko

Andrey Kuznetsov

Cole Akeson

Mikhail Krasnoperov

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