Report
Anastasia Khakhaeva ...
  • Andrey Kuznetsov
  • Anton Stroutchenevski
  • Artem Vinogradov
  • Cole Akeson
  • Fedor Kornachev
  • Georgiy Ivanin
  • Research Team

CIS Market Daily - August 6, 2021

MARKET COMMENT - US PAYROLLS, RUSSIAN INFLATION, CALVEY CASE IN FOCUSThe RTS gained 0.8% to reach 1,653, a result slightly better than most peers. DM markets also saw net gains. Markets will likely be watching US payrolls, Russian inflation and the outcome of the Calvey court case today. STORIES> Russian investor statistics: A $600 mln inflow in July> EM/FM flows shift negative due to China; Russia barely net positive> R1.6 trln to be invested from NWF over 2022-24> Rostelecom 2Q21 IFRS: In line with consensus; EBITDA guidance upgraded> TGK-1 reports strong set of 2Q21 IFRS results
Underlyings
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.

TGK-1

Territorial Generating Company - 1 is a producer of electricity and heat energy in the North-West region of Russia. Co. incorporates generating enterprises from the Baltic Sea to the Barents Sea. Generated electricity is delivered to the domestic wholesale market of electricity and capacity as well as exported to Finland and Norway. Co. is a strategic supplier of heat energy in Saint Petersburg, Petrozavodsk, Murmansk, Kirovsk in the Leningrad Oblast, and Apatity in the Murmansk Oblast.

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
Anastasia Khakhaeva

Andrey Kuznetsov

Anton Stroutchenevski

Artem Vinogradov

Cole Akeson

Fedor Kornachev

Georgiy Ivanin

Research Team

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