Report
Andrew Keeley ...
  • Andrey Kuznetsov
  • Anton Stroutchenevski
  • Artem Vinogradov
  • Arthur Cherkesov
  • Cole Akeson
  • Igor Vasilyev
  • Research Team
  • Rodion Lomivorotov

CIS Market Daily - October 7, 2021

MARKET COMMENT - GAS RELIEF, ADP, US DEBT, CHINA SUMMIT HEADLINES SPUR RISK RALLYStock markets moved down through much of the day before a flurry of headlines in the afternoon and evening reversed sentiment. The RTS fell 1.4% to 1,815, a mild underperformance, but RTS futures and most other regional and global risk indicators point sharply higher this morning. STORIES> World Bank updates Russian GDP growth forecasts; we find its 2022-23 estimates overly pessimistic> Russian economics: Stability trumps growth> Weekly inflation in Russia remains at 0.3%> Headline inflation accelerates to 7.4% y-o-y in September> Economy Ministry plan targets carbon-neutral Russia by 2060> Winter gas market shaping up> VTB reports 9m21 RAS results
Underlyings
VTB Bank (GDR)

VTB Bank PJSC

Bank VTB PAO is a Russia-based bank engaged in the provision of financial services. The Bank reports five segments: Corporate-Investment banking includes operations with corporate customers that are large business customers and banking financial institutions, as well as operations on the securities market; Mid-Corporate banking covers operations with medium business corporate customers; Retail business includes operations with individuals and small business corporate customers, and offers operations on Internet and mobile Point-of-Sale acquiring, plastic cards, payroll services and financial consulting, among others; Treasury comprises operations to manage liquidity, operations on financial and interbank markets, cash flow management and debit financing operation; as well as Other business includes two business: Construction and development involves operations undertaken by Company in the construction and development industry, and Other activities represent non-banking business.

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

Anton Stroutchenevski

Artem Vinogradov

Arthur Cherkesov

Cole Akeson

Igor Vasilyev

Research Team

Rodion Lomivorotov

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