Jpmorgan Emerging Europe... Share Discussion Threads

[brwo349] 21/4/2024 21:57

Haha the demented nutjob Marjorie Taylor Greene goes into meltdown.

[brwo349] 21/4/2024 21:53

Another ship gone. It survived 2 world wars but the russkies thought it a good idea to park it in Sevastopol

[1917again] 21/4/2024 10:52

Republicans now coming round to supporting Ukraine. Trump never likes to loose and can see a good deal. Give 60bn weapons demonstration and the get 300bn of weapons orders. Already proven S400 is junk vs Patriot

300bn of Russian assets soon to be confiscated for was crimes

Things looking a lot better for Ukraine and orc body bag manufactures

[masergt] 19/4/2024 15:27

Interesting comment:

[masergt] 19/4/2024 15:20

The peasants are revolting, logliar! Ha.

[masergt] 19/4/2024 15:10

A quite amazing reverse ferret given that only a couple weeks ago he was adamant this wouldn't go to a vote. Wonder who got at him...?

[loganair] 19/4/2024 09:52

The MOEX Russia index edged up 0.4% to 3,460 on Friday, as investors evaluated the heated situation in the Middle East and digested corporate news. The financial and IT sector were leading the gains.

Among individual stocks, Surgut (2%), Sovcomflot (1.2%), BSP (1.1%), and TCS (1.1%) advanced the most. Also, MTS added 0.7% after it became known the placement price range for the IPO of MTS Bank would be RUB 2,350–2,500 per share, and Seligdar grew by 0.8%, having achieved a 78% increase in revenues from metals sales in Q1 of 2024.

Meanwhile, EN+ (-1.6%), AFK Sistema (-1.4%), and Rusal (-1.1%) declined. Traders remained attentive to Severstal (0%), set to announce dividends on April 23rd. The expectations for dividends have been lowered due to higher capital expenditures.

On the geopolitical front, the US introduced new restrictions on exports to Russia.

Over the week, the index was set to be little changed.

[brwo349] 19/4/2024 09:18

Fingers crossed the $60B US funding gets voted through this weekend. I think Europe should be doing more to help Ukraine defeat mafia capo Putin and his gang of murderers and not relying on the US as much.

19/04/24


Ukrainian forces have struck a large Russian airfield on the annexed Crimean peninsula, destroying an array of military equipment.

The attack seriously damaged four missile launchers, three radar stations and other equipment, Ukraine’s military spy agency said on Thursday.

“The number of enemy aviation objects destroyed or damaged and the number of casualties among personnel of the Russian occupation army is being clarified,” it said after announcing the “successful” operation.

The strike took place during the early hours of Wednesday at the Dzhankoi air base, on the northern part of the peninsula seized by Moscow in 2014.

Volodymyr Zelensky, the Ukrainian president, thanked his top military commander for what he called a “correct strike against the occupier”.

[masergt] 18/4/2024 17:28

Logliar. Why do you never post a link to your source for these reports? The Russian economy is tanking, the rouble collapsing, yet you keep pumping out positive Putin propaganda. Post your links and let us see for ourselves who's telling the truth!

[loganair] 18/4/2024 09:53

The MOEX Russia index edged down 0.2% to 3,445 on Thursday, trading with marginal declines for the third session, as investors took profits and awaited more corporate updates. The losses in the sectors were headed by construction, consumer goods, and oil & gas, while IT advanced modestly.

Among individual stocks, the top laggards were Positive Group (1.1%), GLTR (-1%), MMK (-1%), and Rosseti (-0.9%). MMK fell after reporting a decrease in its yoy metal products and coal concentrate sales for Q1 of 2024 compared to the same period of 2023.

Meanwhile, Segezha (1.6%), Ozon (1.2%), Rusal (-0.6%), Polus (-0.6%), and AFK Sistema (0.6%) rose. Also, Severstal added 0.5% buoyed by information about a possible quarterly dividend payout on April 23rd.

[loganair] 17/4/2024 18:33

The International Monetary Fund (IMF) has revised its forecast for Russian GDP growth in 2024 upward, increasing it to 3.2%.

[loganair] 17/4/2024 16:08

The MOEX Russia index traded slightly lower at 3,464 on Wednesday, struggling to break out of sideways trend this week since sanctions against Russian metals and lacklustre economic data from the country's key trading partners continued to weigh on the sentiment. However, the elevated oil prices and upwardly revised forecast for Russian GDP growth in 2024 and 2025 by the IMF acted as supporting factors.

Among individual stocks, Seligdar (-2%), Unipro (-1.8%), EN+ (-1.5%), MMK (-1.2%), and PIK (-1.2%) declined.

In contrast, Rosseti (0.8%), NorNickel (0.8%), Positive Group (0.5%), Ros Agro (0.5%), and AFK Sistema (0.4%) advanced. AFK Sistema remained underpinned by the upcoming IPO of MTS Bank, while Positive Group rose after it was known Putin would be holding a meeting with the government on the topic of introducing domestic software today.

[loganair] 16/4/2024 10:01

The MOEX Russia Index traded little changed at 3,470 on Tuesday, as gains in the IT and telecommunications sectors offset losses in miners & metallurgists and oil & gas.

Among individual stocks, Rusal (-1.4%), GLTR (-1.3%), PIK (-1.3%), AFK Sistema (-1.2%), Seligdar (-1.1%) were the most bearish. Also, Polus and EN+ fell by around 1% each, affected by the correction in aluminum and gold prices.

In contrast, Unipro (4.4%), MTS (1.4%), MosEnergo (1.2%), Magnit (1.2%), and Sovcomflot (1.1%) advanced.

Meanwhile, investors remained attentive to NLMK which missed market expectations for revenue and EBITDA in the second half of 2023. The operating results for q1 of 2024 were presented by X5, with revenues and like-for-like sales showing positive dynamics.

[loganair] 15/4/2024 17:55

The MOEX Russia Index rose 0.5% to 3,472 on Monday, picking up the morning pace and following marginal gains in the previous session, as investors discarded the retreat in oil prices and negative geopolitical news and focused on upcoming dividends announcements.

The telecommunications, IT, and transport sectors were leading the increase. Meanwhile, the metals & mining sector recorded losses, affected by the US and UK's decision to impose sanctions against the import of nickel, copper, and aluminium from the Russian Federation. In addition to purchases of these metals from Russia, sanctions ban the London and Chicago Mercantile Exchanges from accepting metal.

Among individual stocks, the top performers were GLTR (6.3%), BSP (3.6%), Ozon (3%), and Surgutneftgas (3%).

In contrast, Seligdar (-3.3%), Nornickel (-1.4%), EN+ (-1.4%), and Polus (-1.1%) dropped.

[loganair] 12/4/2024 15:21

Yesterday mornings price of oil of Russia's main blends.

Urals $78.34
Sokol $83.32
ESPO..$85.95

Todays price will be a little higher.

[loganair] 12/4/2024 10:24

The MOEX Russia Index rose 0.5% to 3,458 on Friday as the rally in commodities continued to underpin miners and metallurgists shares.

Among individual stocks, the top performers were NorNickel (2.4%), Rusal (2%), Seligdar (1.9%), Polus (1.9%), and EN+ (1.8%). Investors also remained attentive to Novatek (0.4%) since the company published its operating results for Q1 of 2024, having increased its liquid hydrocarbon production by unexpected 12.2%. Meanwhile, Alrosa (0.3%) was holding a meeting on dividends recommendation.

On the other hand, Aeroflot (-1.5%) and Mechel (-0.5%) dropped.

Weekly, the index was poised for around 2.0% gain, driven by hopes for upcoming monetary easing by CBR after Nabiullina soft remarks.

[loganair] 11/4/2024 11:09

The MOEX Russia Index traded flat at 3,440 on Thursday, following a rise in the previous session, as investors weighed the remarks of the CBR head and latest CPI data. Nabiullina stated that inflation has already peaked and the monetary easing would begin as soon as the slowdown in price pressures reaches the desired speed. According to March release, the annual inflation rate in Russia remained elevated at 7.7% but matched the market expectations. Meanwhile, lack of other investment options and hopes for higher dividends supported the index.

On the corporate front, the gains were led by Rusal (1.4%), Aeroflot (0.9%), Sovcomflot (0.8%), GLTR (0.7%), and Inter (0.7%).

In contrast, Ozon (-0.8%), Mechel (-0.6%), Samolet (-0.6%), and PIK (-0.5%) declined.

[loganair] 11/4/2024 09:13

Eisenhower the senior U.S. general setting up NATO said:

"If NATO is still around in 10 years then it has failed."

"Europe needs to stand on its own two feet militarily."

"Europe needs to sort its own problems out with the Soviet Union using diplomacy."


In the year 2000, several senior US Generals said that the senior General of NATO now needs to always be European, they can revolve it around different European countries if that's what Europe wishes.

[loganair] 11/4/2024 09:08

The MOEX Russia Index rose to 3,439 on Wednesday driven by improved risk sentiment as investors welcomed the remarks of the CBR head. Nabiullina stated that inflation has already peaked and the monetary easing would begin as soon as the slowdown in price pressures reaches the desired speed and inflation expectations return to normal levels.

Metals & mining and electric utilities sectors were leading the increase, while IT declined.

Among individual stocks, Rusal (5.1%), EN+ (4.4%), and NLMK (3.9%) grew the most. Rusal and EN+ advanced on higher aluminum prices, while NLMK shares spiked after its Board of Directors recommended paying RUB 25.43 per share of dividends per 2023.

In contrast, Polus (-1.3%), AFK Sistema (-1.2%), Samolet (-0.9%), and Seligdar (-0.8%) dropped.

Traders are now awaiting the publication of CPI data due after the closing bell.

[loganair] 09/4/2024 13:42

The MOEX Russia Index rose 0.6% to 3,440 on Tuesday, extending its gains for the second session on the background of positive financial results and elevated oil prices.

The largest increases were recorded by EN+ (2.9%), Etalon (2.9%), Norilsk Nickel (1.5%), AFK Sistema (1.3%), VK (1.3%) and PIK (1.1%). AFK Sistema raised its consolidated revenue by 17% yoy in 2023, but its EBITDA decreased by 13%. Meanwhile, Etalon reached record sales in the first quarter of 2024. Also, Lukoil, Severstal, and Gazprom added nearly 1% each, and Sberbank edged up by 0.4% after presenting operating results for March. The company's net profit grew by 2.6% over the same period in 2023.

On the negative side, Ozon (-1.1%), Aeroflot (-1%), GLTR (-0.8%), and Polymetal (-0.6%) declined. Ozon's net losses expanded to 18.2 billion rubles in Q4 of 2023 from 11.2 billion rubles a year earlier.

[loganair] 08/4/2024 10:45

The MOEX Russia Index rose by 0.7% to 3,420 on Monday, as investors digested business updates and CBR head Nabiullina's comments. During a speech in the State Duma, the official named the second half of the year as the potential timing for the monetary easing.

On the corporate front, the leaders of growth were AFK Sistema (2.8%), Surgut (2.7%), EN+ (2.5%), Rusal (2.3%), and Nornickel (2.2%). The latter resumed trade after the suspension by split.

Investors also remained attentive to Polus (1.6%). On one hand, the company faced pressured from possible increase in the mineral extraction tax from June 1, on the other hand, its revenues were boosted by record gold prices. Meanwhile, Lukoil added around 1% after investing $200 million to conduct joint projects for the development of fields on the Caspian Sea shelf.

On the side of declines, GLTR (-1.9%) and NLMK (-0.8%) dragged. GLTR presented upbeat financial results for 2023, but its dividend payments remained suspended.