Russia 100414 Basic Political Developments

Business, Energy or Environmental regulations or discussions

Reuters: Russian markets -- Factors to Watch on April 14

http://uk.reuters.com/article/idUKLDE63D01820100414
Wed Apr 14, 2010 7:08am BST

MOSCOW, April 14 (Reuters) - Here are events and news

stories that could move Russian markets on Wednesday.

You can reach us on: [phone]

STOCKS CALL (Contributions to [e-mail]):

VTB Capital: "Russian equities are very likely to break into

new territory with a healthy follow-through. Yet, the slow

response of the Greek sovereign curve to the promised euro zone

aid ... calls for maintaining vigilance. We advocate a `barbell'

positioning for such environment: a combination of the value

stories like oils and telecoms with the highest conviction ideas

in the sectors enjoying immediate earnings momentum, like

Raspadskaya (RASP.MM), Belon (BELO.MM) and Evraz (HK1q.L)."

Gallion Capital: "America closed with a slight plus, Asian

indices are in positive territory after good results from Intel

(INTC.O) [ID:nN1382801]. Today we can expect Russian trade to

open in the black. Oil and mining stocks will perform better

than the market."

EVENTS [RU-DIA] (All times GMT):

MOSCOW- Raspadskaya (RASP.MM) 2009 results, trading update

BUENOS AIRES - Russian President Dmitry Medvedev visits

Argentina.

MOSCOW - Russian Prime Minister Vladimir Putin holds meeting

on health care reform.

MOSCOW - Russian Union of Industrialists (RSPP) hosts a

conference on innovation and modernisation of technology

MOSCOW- Russia's Finance Ministry auctions up to 6 billion

roubles in OFZ bonds due 2013 RU25072=MM.

MOSCOW- Weekly inflation data published by stats service.

IN THE PAPERS [PRESS/RU]:

Russia's leading brewer, Baltika (PKBA.MM) -- owned by

Carlsberg (CARLb.CO) -- is set to branch out into the bottled

water market from next month in the face of higher taxes on beer

and the prospect of tougher sales regulations, Kommersant

business daily reports.

Otkrytie Financial Company may do a private placement in

late 2010-early 2011, after consolidating the two banks it owns,

and then hold an IPO in 2012, Vedomosti reports.

TOP STORIES IN RUSSIA AND THE CIS [RU-NEWS]:

TOP NEWS:

Top US envoy in Kyrgyzstan after revolt [ID:nLDE63D00W]

Russia says oil a risk, Eurobond roadshow starts[ID:nLDE63C0A2]

COMPANIES/MARKETS:

EARNINGS POLL-X5 Q4 net seen at $104 mln [ID:nLDE63C1FU]

Polyus seeks stock boost via reverse takeover [ID:nLDE63C1A9]

Seventh Continent Q1 rouble sales up 9 pct [ID:nLDE63C0HO]

ECONOMY/POLITICS:

U.S., Russia sign deal to cut plutonium stocks [ID:nN1332951]

Job worries delay Russia consumer recovery [ID:nLDE6310DT]

Rouble takes breather; Eurpbond, tax to support [ID:nLDE63C1TQ]

Russia wants US to push harder for its WTO entry[ID:nWAT014298]

ENERGY:

Gazprom looking at Israel natgas mkt -report [ID:nLDE63C1VQ]

Sokol oilfield to shut for summer maintenance [ID:nSGE63C0E3]

COMMODITIES:

US has new approach to Russia poultry spat [ID:nN13252795]

Russia may harvest 97 mln T grain in 2010 [ID:nLDE63C0S3]

Russia state grain trader mulls 6 port terminals[ID:nLDE63C14E]

MARKETS CLOSE/LATEST:

RTS 1,650.15 +0.38 pct

MSCI Russia .MIRU00000PUS 882.53 -0.65 pct

MSCI Emerging Markets .MSCIEF 1,040.29 +0.63 pct

Russia 30-year EurobondRU011428878= yield: 4.903 pct

EMBI+ Russia 11EMJ 137 basis points over

Rouble/dollar RUBUTSTN=MCX 29.0475

Rouble/euro EURRUBTN=MCX 39.5400

NYMEX crude CLc1 $84.38 +$0.33

ICE Brent crude LCOc1 $84.90 +$0.18

Bloomberg: TGK-9, Tatneft, Rosneft: Russian Equity-Market Preview

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=axxFpmQxo.qg

By Maria Levitov

April 14 (Bloomberg) -- The following shares may have unusual price changes in Russian trading. Stock symbols are in parentheses and prices are from the previous close unless otherwise noted.

The 30-stock Micex Index fell 0.2 percent to 1,499.34. The dollar-denominated RTS Index dropped 0.3 percent to 1,643.98.

OAO TGK-9 (TGKI RX): VTB Group, Russia’s second-biggest lender, lent 1 billion rubles ($34.4 million) to OAO TGK-9. Shares of the power generator fell 1.5 percent to 0.0056 rubles.

OAO Tatneft (TATN3 RX): OAO Sberbank, Russia’s largest lender, will lend as much as $200 million to Tatneft, Interfax reported, citing German Gref, Sberbank’s CEO. Tatneft shares fell 0.8 percent to 144.63 rubles.

OAO Rosneft (ROSN RX): Crude oil declined the most in six weeks as the International Energy Agency boosted its forecast for non-OPEC supplies and U.S. inventories were estimated to climb, raising concern that the markets are oversupplied. Rosneft, Russia’s largest oil company, fell 2.3 percent to 247.17 rubles.

To contact the reporter on this story: Maria Levitov in Moscow at [e-mail]

Last Updated: April 13, 2010 22:00 EDT

Bloomberg: Weafer Likes Russian Infrastructure, Consumer Stocks: Video

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=akkFQpr4J9kA

April 14 (Bloomberg) -- Chris Weafer, chief strategist at UralSib Financial Corp. in Moscow, talks with Bloomberg's Haslinda Amin about his investment strategy for Russian stocks.

Weafer, speaking from Hong Kong, also discusses corporate governance in Russia, and the outlook for the country's economy and oil and gas industries. Kirby Daley, a senior strategist at Newedge Group's prime brokerage business also speaks. (This is an excerpt of the full interview. Source: Bloomberg)

Running time 05:41

-0- Apr/14/2010 07:04 GMT

Last Updated: April 14, 2010 03:04 EDT