Wednesday, March 17, 2010

Russia Daily Market News and Views 03.17.10 $RSX $CEE

  •  Strategy View — In the second half of the day the moves in EURUSD and crude oil helped the Russian market keep its positive momentum, ending the day up +1.5%.
  • News and Commentary — Gazprom (GAZP.RTS) - to provide Rosneft with better access to gas pipelines by 2014; Gazpromneft (SIBN.RTS) - BoD sets 15% payout ratio policy; Uralkali OAO (URKAq.L) - reports FY09 RAS financials; Severstal (CHMF.RTS) - must restructure Lucchini debt before divesting (FT); Evraz Group (HK1q.L) - Evraz facing disruptions in Ukraine; Mosenergo (MSNG3.MM) - reports 2009 RAS numbers in line with Citi ests - street upgrades are possible if confirmed in IFRS; Pharma - State Duma to consider Drug Turnover Draft Law in the second reading.
  •  Recent Research — Sberbank RF (SBER.RTS) - 4Q09 IFRS Results Preview & February RAS Results; Global Potash - Uralkali in Context of How Global Producers are Taxed; Russian Oil And Gas - Drilling and Flow Rate Watch: 4Q09 and January 2010

Market News and Views,Russsia

No comments:

Post a Comment