Russian markets -- Factors to Watch on Nov 12

Wed Nov 12, 2008 2:29am EST
 
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 MOSCOW, Nov 12 (Reuters) - Here are events and news stories
that could move Russian markets today.
 You can reach us on: +7 495 775 1242
 
 STOCKS CALL (Contributions to moscow.newsroom@reuters.com):
 Alfa-Bank: Those Russian stocks that trade in London (MICEX
is closed for the day) are likely to see further declines today
in line with weak global markets and investor concerns about the
Russian central bank's ability to sustain its new, 1 percent
weaker rouble level.
Olma: expects the RTS  index to open lower following
global stock indexes and oil prices.
 
 EVENTS [RU-DIA] (All times GMT):
 DOHA - Russia, Iran, and Qatar will hold talks on gas
cooperation
 MOSCOW - Egyptian Prime Minister Ahmed Nazif visits Russia
 MOSCOW - Finnish Prime Minister Matti Vanhanen to meet his
Russian counterpart, Vladimir Putin
 MOSCOW - Secretary general of Council of Europe Terry Davis
to visit for discussions with Russian Foreign Minister Sergei
Lavrov on the Russia-Georgia conflict
 MOSCOW - Cuban Foreign Minister Felipe Perez Roque visits
 MOSCOW - Russian Finance Minister Alexei Kudrin to address
Federation Council upper house of parliament on budget strategy
to 2023
 MOSCOW - Russian First Deputy Prime Minister Igor Shuvalov
to speak on measures to promote small and medium-sized
businesses
 MOSCOW - Drug maker Veropharm (VFRM.MM) to announce Jan-Sept
financial results
 MOSCOW - Home electronics retailer M.video (MVID.MM) to hold
a conference call (1300)
 
 IN THE PAPERS [PRESS/RU]:
 Business daily Kommersant reports that Russia, Iran and
Qatar will set up a joint venture to produce and sell gas when
top officials and executives from the three states hold gas
cooperation talks on Wednesday in Doha.
 Vedomosti business daily runs an interview with German
drugmaker Stada (STAGn.DE) Chief Executive Hartmut Retzlaff, who
says the company has enough resources to fund its development,
including acquisitions, despite the financial crisis.
 
 TOP STORIES IN RUSSIA AND THE CIS [RU-NEWS]:
 TOP NEWS:
* Russia's Medvedev submits draft law on term     [ID:nLB392724]
* Russia signals a softer stand on missiles       [ID:nLB554188]
* EU-Russia pact talks may resume Nov 25          [ID:nLB502923]
* Russia weakens rouble support, stocks plunge    [ID:nLB514655]
* Kazakh govt, banks agree $3.47 bln bailout      [ID:nLB704742]
 
 COMPANIES/MARKETS:
* Gazprom, BASF in talks on gas refining projects [ID:nLA18397]
* Russia, Iran, Qatar to form big gas JV - paper  [ID:nLC348207]
* Oil, rouble, Uralkali pressure Russian assets   [ID:nLB300914]
* Russia c.bank ups rates to fight flight         [ID:nLB459096]
* Russia c.bank defends rbl at new, weaker level  [ID:nLB67914]
* Russia c.bank says widened rouble trading band  [ID:nLB434666]
* FACTBOX-Key moves in Russian rbl exchange rate  [ID:nLB222365]
* Russia's MICEX halts stock trading until Thurs  [ID:nLB321921]
* Forex loss to push MTS Q3 net profit - poll     [ID:nLA142132]
* Sberbank saw record Oct deposit outflows        [ID:nLB625715]
* Russian investment banks slash staff            [ID:nLB351451]
* Investors see asset grab in potash mine probe   [ID:nLB374648]
* Russia mortgage agency plans to help banks      [ID:nLB228654]
* Russian developer RTM net falls, revisits plans [ID:nLT677790]
* Firms back govt 'dictatorship' over banks       [ID:nLB316686]
 
 ECONOMY/POLITICS:
* Russian car sales slow as crisis hits car loans [ID:nLB383015]
* TABLE-Russia Oct foreign car sales growth slows [ID:nLB293352]
* Global crisis hits Russia arms makers:deputy PM [ID:nLB119293]
* Cuba's Raul Castro to visit Russia              [ID:nLB297616]
 
 ENERGY:
* Gazprom says agrees 55 bcm '09 gas supply       [ID:nLB448504]
* Russia prepares to revise oil duty monthly      [ID:nLB241482]
* Urals crude falls despite Russian export cut    [ID:nLB462054]
* Russia says Tamoil eyes oil, refining projects  [ID:nLB374507]
* Azeri Socar awards Sumato Dec Ceyhan cargo      [ID:nLB240203]
 
 COMMODITIES:
* Russian chrome producer cuts output             [ID:nLB320414]
* Russia govt buys 69,930 T grain via intervention[ID:nLB237418]
* AGROKHLEB-Russian grain exports seen shrinking  [ID:nLB263942]
 
 
 MARKETS CLOSE/LATEST:
 RTS                                725.9   -10.67 pct
 MSCI Russia           .MIRU00000PUS     464.4   -15.66 pct
 MSCI Emerging Markets .MSCIEF           550.6    -0.90 pct
 
 Russia 30-year EurobondRU011428878= yield: 9.528/9.327 pct
 EMBI+ Russia 11EMJ 512 basis points over
 
 Rouble/dollar RUBUTSTN=MCX   27.4650
 Rouble/euro   EURRUBTN=MCX   34.6390
 
 NYMEX crude CLc1       $59.42   +$0.09
 ICE Brent crude LCOc1  $55.79   +$0.08
 
 For Russian company news, double click on [E-RU]
 Treasury news [M-RU]    Corporate debt [D-RU]
 Russian stocks [.ME]    Russia country guide RUSSIA
 All Russian news [RU]   Scrolling stocks news [STXNEWS/EU]
 Emerging markets top news [TOP/EMRG]
 Top deals [TOP/DEALS]    European companies [TOP/EQE]
 (Compiled by Maria Kiselyova)


 

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