The independent financial analyst theScreener just lowered the general evaluation of FSK YEES (RU), active in the Conventional Electricity industry. As regards its fundamental valuation, the title now shows 0 out of 4 stars while market behaviour can be considered moderately risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Slightly Negative. As of the analysis date March 1, 2022, the closing price was USD 0.00...
MARKET COMMENT - CBR, FED, RESULT HEADLINES DUE WHILE OMICRON, UKRAINE STILL IN FOCUSMarkets saw sharp selloffs on Friday as investors reacted to headlines regarding the Omicron Covid-19 variant. The MSCI EM fell 2.5%, the MSCI World (DM) 2.2% and the RTS 4.6% (to 1,589). While APAC markets are soft today, catching up to Friday's global weakness, indicators for Russia, EMEA and US markets currently signal a rebound. Ukraine and Belarus headlines remain in focus for the region, while remarks from...
КОММЕНТАРИЙ И ПРОГНОЗ - ОЖИДАЮТСЯ КОММЕНТАРИИ БАНКА РОССИИ, ФРС США И КОРПОРАТИВНАЯ ОТЧЕТНОСТЬ; В ЦЕНТРЕ ВНИМАНИЯ НОВЫЙ ШТАММ КОРОНАВИРУСА И СИТУАЦИЯ НА УКРАИНЕВ пятницу на рынках наблюдалась волна продаж: инвесторов обеспокоили сообщения о новом штамме коронавируса. Индекс MSCI EM упал на 2,5%, MSCI World (индикатор развитых рынков) - на 2,2%, а индекс РТС - на 4,6% (до 1 589 пунктов). Хотя рынки АТР сегодня утром снижаются, отыгрывая пятничное падение на мировых биржах, утренние индикаторы для...
MARKET COMMENT - BULLISH REACTION TO DOVISH MESSAGING ON A HAWKISH POLICY TURNRemarks from Fed Chairman Jerome Powell soothed some investor concerns regarding risk assets, despite his acknowledgement that asset purchases will likely begin to be tapered later this year. The MSCI ACWI gained 0.7% and the RTS (1,664) 1.8%. A long list of company results looms today for Russia, while below we summarize a busy week ahead. STORIES> Tatneft 2Q21 review: Weaker than expected quarter> Lukoil 2Q21 review:...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
КОММЕНТАРИЙ И ПРОГНОЗ - ФЕДРЕЗЕРВ, ПОЗИЦИЯ США И ЕС ПО ОТНОШЕНИЮ К РОССИИ, СТИМУЛИРОВАНИЕ АМЕРИКАНСКОЙ ЭКОНОМИКИПока в России были выходные, глобальные рынки по большей части снизились. Индекс MSCI ACWI просел на 0,7%, тогда как индекс РТС завершил последнюю сессию (в пятницу) ростом на 0,6% до 1 455 пунктов. Сегодня председатель ФРС США выступит в Конгрессе. До конца недели каждый день в том или ином виде будут проходить обсуждения политики США и ЕС в отношении России.НОВОСТИ> Экономика России....
MARKET COMMENT - FED, US/EU VIEWS ON RUSSIA, US STIMULUS, DIVIDENDS IN FOCUSGlobal markets were weaker than not over Russia's long holiday weekend, the MSCI ACWI declining 0.7%. The RTS fared better, edging up 0.6% to 1,455 thanks to a strong performance on Friday. Fed testimony is due today, and discussions on the US's and EU's views of policy toward Russia are due every day this week.STORIES> Government resumes discussing tax incentives> Gazprom CFO gives reassurance on dividends, leverage dec...
MARKET COMMENT - GLOBAL MARKETS BOUNCE BACK; DOMESTIC POLITICS IN FOCUS TODAYThe RTS edged down 0.3% to 1,364, underperforming most global markets but coming in line with EM EMEA peers. Oil has bounced back last night and this morning, but pre-open Russian indicators have not followed. Domestic politics remains in focus.STORIES> Russian economy shrinks 3.1% in 2020> Gazprom reports record gas exports in January> Rusagro's revenues expand 36% y-o-y to R61.4 bln in 4Q20> Magnit to report decent 4Q...
КОММЕНТАРИЙ И ПРОГНОЗ - ГЛОБАЛЬНЫЕ РЫНКИ СНОВА ВЫРОСЛИ; В ЦЕНТРЕ ВНИМАНИЯ ВНУТРЕННЯЯ ПОЛИТИКАИндекс РТС вчера снизился на 0,3% до 1 364 пунктов, отстав от большинства глобальных рынков. При этом его динамика была примерно такой же, как у других индексов развивающихся рынков EMEA. В центре внимания остается внутренняя политика. НОВОСТИ> Спад в российской экономике в 2020 году составил 3,1%> Газпром отчитался о рекордно высоких объемах экспорта газа за январь> Выручка Русагро за 4К20 выросла на 36...
КОММЕНТАРИЙ И ПРОГНОЗ - МЕСЯЦ ВПЕЧАТЛЯЮЩЕГО РОСТА ПОДХОДИТ К КОНЦУ, В ЦЕНТРЕ ВНИМАНИЯ НЕФТЬ И МАКРОСТАТИСТИКАИндекс РТС снизился на 0,4% до 1 302 пунктов, а развивающиеся рынки подросли на 0,1%. После значительного роста в течение недели и всего месяца многое указывает на возможность фиксации прибыли в понедельник с утра. Повестка этой недели будет насыщенной, в том числе сегодня вступят в силу результаты ребалансировки индексов MSCI, в центре внимания будут заседания ОПЕК/ОПЕК+, выступления клю...
MARKET COMMENT - BUSY WEEK AHEAD FOR OIL AND MACRO AS STELLAR MONTH DRAWS TO CLOSEThe RTS edged down 0.4% to 1,302, while EMs squeaked out a 0.1% gain. As a strong week and month draw to a close, most signals indicate profit taking early today. A busy schedule this week includes MSCI's rebalancing tonight, the OPEC/OPEC+ meetings, top officials' remarks and data on US stimulus and macro, PMIs, and the latest developments in Belarus. STORIES> Tatneft skips 3Q20 dividend, delays shifting to EPT> C...
НОВОСТИ> ФБР США распространило пресс-релиз о российских хакерских атаках> Прибыли нефтегазовых компаний в 3К20 должны значительно вырасти с минимумов 2К20> Роснефть обсуждает строительство крупного завода СПГ на Таймыре> Северсталь представила хорошие показатели по МСФО за 3К20> Показатели ММК за 3К20: денежные потоки лучше, чем ожидалось; скорректирован прогноз капиталовложений на 2020 год> Хорошие операционные показатели Polymetal за 3К20 позволяют рассчитывать на более высокий, чем ожидается...
MARKET COMMENT - GLOBAL INDICATORS JUST BARELY POSITIVE THIS MORNINGGlobal markets averaged slight gains (MSCI ACWI +0.1%), with help later in the day from positive US macro data. Russia nearly topped EMs; the RTS gained 1.0% to 1,155. However, indicators this morning suggest yesterday's catalysts have been largely exhausted, with global indicators just barely positive and those most relevant to Russia flat or moderately down.STORIES> US FBI distributes press release regarding Russian hacking> C...
КОММЕÐТÐРИЙ И ПРОГÐОЗ - ÐЕБОЛЬШОЙ РОСТ ÐРРЫÐКÐÐ¥ Ð’ ПЯТÐИЦУ И СЕГОДÐЯ, ОЖИДÐЮТСЯ ИТОГИ РЕБÐЛÐÐСИРОВКИ MSCI И КОРПОРÐТИВÐÐЯ ОТЧЕТÐÐžÐ¡Ð¢Ð¬Ð˜Ð½Ð´ÐµÐºÑ MSCI ACWI Ð²Ñ‹Ñ€Ð¾Ñ Ð½Ð° 0,6%, в оÑновном за Ñчет фондового рынка СШÐ. Ð˜Ð½Ð´ÐµÐºÑ Ð Ð¢Ð¡ повыÑилÑÑ Ð½Ð° 0,1%, вплотную приблизившиÑÑŒ к 1 266 пунктам. БольшинÑтво Ñ...
MARKET COMMENT - SLIGHT GAINS ON FRIDAY AND TODAY, WHILE MSCI AND RESULTS ARE DUEThe MSCI ACWI rose 0.6%, mostly driven by the US. The RTS edged up 0.1% to almost reach 1,266. Most indicators look positive today. The MSCI rebalancing, company results and continued Belarusian protests are among the stories to watch. STORIES> Tatneft 2Q20 IFRS review: Weak, but ahead of consensus> Lukoil: More problems in Uzbekistan, increased capex reiterated> Rosseti, Federal Grid 2Q20: Personnel expenses up, ca...
КОММЕÐТÐРИЙ И ПРОГÐОЗ - ВОССТÐÐОВЛЕÐИЕ РЫÐКОВ ПОСЛЕ КÐÐ ÐÐТИÐÐ, ПРОТЕСТЫ Ð’ СШÐ, ÐÐТИКРИЗИСÐЫЙ ПЛÐРРФÐа мировых рынках вчера наблюдалÑÑ Ñ€Ð¾ÑÑ‚, поÑле того как производÑтвенные индекÑÑ‹ PMI Ñ€Ñда ведущих Ñтран отразили воÑÑтановление Ñкономики поÑле отмены карантинных ограничÐ...
MARKET COMMENT - SIGNS OF RECOVERY SPUR GLOBAL RALLY; US UNREST; RUSSIAN RECOVERY PLANMarkets gained across the globe yesterday following some major economies' manufacturing PMIs signaling a post-lockdown recovery. The MSCI EM and RTS (1,248) gained 2.3% apiece, while the Russian index, ruble and oil are all at their strongest levels since the global correction accelerated in early March. Russian government plans to boost the economy are in focus today, while US protests, G7 plans, Chinese agric...
OPEC+ compromise, ‘U’ bets Ahead: Optimism still operative, yet checked. US-China tension remains on radar – in a tit-for-tat play, China reportedly instructed state-owned firms to pause on purchases of soybeans and pork from the US, a move that violates the ‘Phase 1’ accord and, therefore, threatens to derail the deal. However, optimism remains operative. Players appear to be more certain than not that the trough has been reached as economies re-open for business and, therefore, ar...
Fed-speak, FOMC Minutes v c$35Brent Ahead: Treading cautiously. After easing to mid-$34/bbl yesterday, Brent is again flirting with $35/bbl on signs of improving demand as countries worldwide begin to re-open their COVID-shuttered economies and a drawdown in US crude stockpiles (API). Nipping any undue enthusiasm in the bud, markets are cognizant of the COVID risks – i.e., the Moderna vaccine may not deliver, threat of wave 2 and consequent protracted economic downturn. Highlighting the dyna...
COVID-19 + WTI expiry jolts Oil; Kim Jung Un risk Ahead: Pricing in COVID fallout. Were today just another normal ‘abnormal’ session (COVID-19 facts vs fictions), the dip of yesterday would clear the field of play for yet another buying opportunity for players with a higher degree of risk tolerance – need be smart, quick and tough to excel, perhaps being a mite lucky too. That is not to be. Markets, instead, will price in COVID-triggered demand destruction, which crystalized with the expi...
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