Report
Andrew Keeley ...
  • Andrey Kuznetsov
  • Andrey Gromadin
  • Anna Kotelnikova
  • Anton Stroutchenevski
  • Artem Vinogradov
  • Cole Akeson
  • Kirill Rogachev
  • Rodion Lomivorotov

CIS Market Daily - November 15, 2019

MARKET COMMENT - KUDLOW'S "SHORT STROKES" BOOST GLOBAL SENTIMENTMarkets continued to edge lower around the globe yesterday, the MSCI EM shrinking 0.2% and the DM benchmark edging down 0.1%. Russia performed in line with peers, the RTS edging down 0.1% to 1,437. A lack of new catalysts allowed markets to continue drifting gently downward, until US chief economic advisor Larry Kudlow verbally intervened in markets, telling reporters that an initial trade deal with China was "down to the short strokes," meaning it was nearly complete. Of course, markets have heard such claims more than once over the past year. APAC markets are rallying this morning.STORIES> EM equities see net inflow for third consecutive week> Budget spending up 22% y-o-y in October as government plays catch-up> Tatneft BoD recommends dividend for 3Q19> TBC Bank 3Q19: Decent profitability, but NIM and costs disappoint
Underlyings
TATNEFT (PREF A)

TATNEFT PJSC

Tatneft PJSC and its subsidiaries are engaged in crude oil exploration, development and production principally in the Republic of Tatarstan, Russia. Co. is a holding structure, which incorporates oil and gas production boards, crude oil and gas refining companies, as well as enterprises and servicing works selling the crude oil and also the products of crude oil and gas refining and petrochemical products. In addition to this, Co. is also participating in the banking and insurance activities. Co.'s operations are divided into the following main segments: Exploration and Production; Refining and Marketing; and Petrochemicals.

TBC Bank Group

TBC Bank Group is a holding company. Through JSC TBC Bank and its subsidiaries, Co. is engaged in universal banking operations that include corporate, small and medium enterprises, retail and micro operations within Georgia.

TBC Bank Joint Stock Co

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
Andrew Keeley

Andrey Kuznetsov

Andrey Gromadin

Anna Kotelnikova

Anton Stroutchenevski

Artem Vinogradov

Cole Akeson

Kirill Rogachev

Rodion Lomivorotov

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