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Market Comments

UTair investor day: Key takeaways

We attended UTair (UTAR RX) investor day hosted by the major shareholder and management representatives.Surgutneftegaz...

21.05.2013

Rostelecom struggles at the start of 2013

Rostelecom (RTKM RX, RTKMP RX) 1Q revenue contracted by 10% y-o-y to R77b, mostly due to high base effect, as in...

21.05.2013

Severstal shows strong quarterly results

Severstal (CHMF RX, SVST LI) revenue rose by 6.6% in 1Q 2013 due to higher selling volumes. EBITDA surged 21% q-o-q...

20.05.2013

E.ON Russia to pay generous dividends

The BoD of E.ON Russia (EONR RX) adopted dividend recommendation for 2012 at R0.29 (0.92c) per share, assuming...

17.05.2013

Gazprom Neft reports 1Q results under IFRS

Gazprom Neft (SIBN RX, GAZ LI) released unaudited financials under IFRS for 1Q 2013. Revenue before export duties...

16.05.2013

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RMG Weekly #923

The RTS contracted w-o-w on low trade volumes, touching a low point at 1380 points due to dividend cut-offs for major shares before making a strong recovery on Friday to 1405 points on news of large capital flow to the Russian market. We look forward to new highs by global share indexes and expect the Russian market to follow suit.

 

20.05.2013

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