Report
Aleksey Ryabushko ...
  • Alexey Kirichok
  • Andrey Kuznetsov
  • Cole Akeson
  • Fedor Kornachev
  • Irina Lapshina
  • Maxim Afanasiev
  • Mikhail Krasnoperov
  • Nikolay Minko
  • Svetlana Sukhanova

CIS Market Daily - October 29, 2018

MARKET COMMENT - AFTER SOFT WEEK, FULL POLITICAL AND MACRO CALENDARS THIS WEEKThe RTS declined some 2.5% last week, while the MSCI EM fell 3.3%. A busy schedule for this week holds the breaking results of the Brazilian presidential election, UK fiscal and monetary policy updates, central bank decisions from Japan and Brazil, key US jobs reports on Wednesday and Friday, and more, which we detail below.STORIES> Russia sees first EPFR net inflow in two months; EM flow at 6m high> CBR review: Calm uncertainty pervades> Russian government officials to look into tax burden on mining industry> Rostelecom 3Q18 IFRS preview> VEON 3Q18 IFRS preview> Obuv Rossii 3Q18 trading update: Revenues up 7.7%, LFL down 8.8%> Enel Russia 3Q18 operating results review, IFRS results preview
Underlyings
Enel Russia

PJSC Enel Russia is a wholesale generation company in Russia. Co.'s main areas of operation are production of power and heat, supply (sale) of power and heat, receipt (purchase) of power and heat from the wholesale power (capacity) market. Co. is active in four production branches around Russia: in the Ural region - Reftinskaya GRES, Sredneuralskaya GRES, in the northern Caucasus - Nevinnomysskaya GRES, and in Central Russia - Konakovskaya GRES. Co.'s aggregate installed capacity is 9,677 MW for power and 2,382 GCal/h for heat. Co. provides power and heat to both industrial enterprises and household consumers via local power distribution networks.

OR PSJC

OR PAO, formerly OR OAO, is a Russia-based company, which is engaged in the footwear industry. The Company specializes in manufacture, retail and wholesale of footwear, outwear and accessories. The Company offers financial services to its customers including installment payments and cash loans. The financial strategy of the Company includes bond program implementation and unsecured loans. Its retailers portfolio is comprised of Westfalika, Emilia Estra, Rossita, Lisette and Peshekhod. The Company also owns such brands as S-TEP, all.go and Snow Guard. It operates two factories in Novosibirsk region. The Company operates domestically.

Rostelecom (PREF A)

Rostelecom PJSC

Rostelecom PJSC provides communication services (including local, intra-zone, long-distance domestic and international fixed-line telephone services, mobile services), data transmission, Internet, Pay TV, VPN and data centers services, rent of communication channels and radio communication services in the territory of Russian Federation. Co. operates the main intercity network and the international telecommunications gateways of the Russian Federation, carrying voice and data traffic that originates in its own network and other national and international operators' networks to other national and international operators for termination.

VimpelCom Ltd. ADS

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

Alexey Kirichok

Andrey Kuznetsov

Cole Akeson

Fedor Kornachev

Irina Lapshina

Maxim Afanasiev

Mikhail Krasnoperov

Nikolay Minko

Svetlana Sukhanova

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