Report
Alexey Kirichok ...
  • Andrey Kuznetsov
  • Cole Akeson
  • Irina Lapshina
  • Svetlana Sukhanova

CIS Market Daily - July 15, 2019

MARKET COMMENT - AFTER A SOFT FRIDAY, US AND CHINA RELEASES SET A BETTER TONE THIS MORNINGRussia underperformed peers on Friday amid profit taking on YTD gains and passage of a sanctions amendment in the US House. The RTS fell 0.8% to 1,388, versus the MSCI EM's 0.4%. Europe and the US fared better. US and Chinese macro data have helped set a better tone for global markets this morning.STORIES> Sanctions against new Russian sovereigns pass US House> Nearly $1.6 bln exits EM equities, while Russia sees $87.2 mln inflow> Severstal: 2Q19 trading update review and earnings preview> QIWI: Positive changes in betting regulation
Underlyings
Qiwi Plc Sponsored ADR Class B

Severstal (GDR)

Severstal PAO

PAO Severstal is an integrated Iron & Steel works company with a range of products: hot and cold rolled steel, roll-formed shapes and pipes, rolled sections, a large group of coke products and by-products. Co. also has various social responsibilities such as the operation and maintenance of sports complexes, holiday and recreational facilities and public housing. Co.'s operations are organized along three principal divisions: Severstal Russian Steel engaged in crude steel production; Severstal Resources engaged in the production of iron ore concentrate, pellets and coking coal; and Severstal International engaged in the production of high-quality flat-rolled products.

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

Cole Akeson

Irina Lapshina

Svetlana Sukhanova

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