Denis Dorofeev

Russia equities face uncertainty this week, but we see risk inching to the upside: A semblance of calm has returned to the markets today as investors reassess their risk scenarios for Covid and the new strain. The OPEC+ meeting this week is attractin...

Geopolitical headlines dampen sentiment towards Russia: The Russian stock market and ruble have started the week on a negative footing as geopolitical risk remains tense with the EU and NATO surrounding issues in Belarus and Ukraine. There are no sig...

Geopolitics may influence the Russian market this week, but is unlikely to dictate direction: Russian equities have started the week on a positive note, paring back some of last week’s selloff that was triggered by geopolitical worries. Geopolitical ...

Commodity stocks expected to lead an advance in Russian equities: The focus this week is going to be on inflation and price growth, culminating in US CPI data on Wednesday. Tightness in the US labor market combined with disruption in global supply ch...

A quiet week ahead for Russian corporate earnings: Segezha Group will report its 3Q21 results on Tuesday. Our sector analysts expect record revenue and EBITDA (RUB25.4bn and RUB9.3bn, 36.5% margin, y/y comparison not available) supported by a strong ...

Russia is on track to deliver a record average dividend yield for 2022E: Russia continues to remain among the foremost dividend plays among global equities. The MSCI Russia Index is forecast to deliver average 2021E and 2022E dividend yields of 7.6% ...