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

CIS Market Daily - October 14, 2019

MARKET COMMENT - RUSSIA IN LINE ON FRIDAY EXCEPT IN INTERNET; HEAVY GLOBAL AGENDA THIS WEEKThe RTS (1,330) was just below flat on Friday, while the MSCI Russia gained 1.5%, in line with the MSCI EM. Weakness in the Russian internet sector, not included in the MSCI indexes, was a key reason for the discrepancy. The week ahead is particularly heavy with events for global stock markets, including multiple key Chinese and US macro releases, not to mention the aftermath of Friday's "phase 1" deal, fresh Brexit debates in the UK, EU, World Bank and IMF summits, and multiple Russian data releases.STORIES> EPFR data show continued outflow from EMs> Budget expenditures soar 15.9% y-o-y in 3Q19> Russia Economic Monthly: Reconsidering the neutral key rate> Russia's external debt shrinks $8.3 bln in 3Q19> Severstal 3Q19 trading update and earnings preview
Underlyings
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

Anton Stroutchenevski

Artem Vinogradov

Cole Akeson

Irina Lapshina

Rodion Lomivorotov

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