... AI-92 is nearing approximately 70,000 rubles/ton (the record for AI-92 stands at 70,500 rubles/ton, achieved in September 2023). Companies are forced to raise prices specifically in these segments to compensate for lost export revenues, while retail prices are subject to stricter regulation. The market is awaiting regulatory decisions: any changes in tax policy or subsidies could significantly impact the financial stability of refineries and fuel operators. Gas Sector: Europe Accumulates Reserves Ahead of Winter The European gas ...

... acceleration in annual inflation will heighten expectations for a stricter policy from the Bank of Russia (including the possibility of raising the key rate), which will influence the OFZ market and the ruble exchange rate. Conversely, a slowdown in price growth will be a positive signal for the regulator and financial markets in Russia, indicating the effectiveness of previous measures to curb inflation. Corporate Reporting: Before Market Open: Brinker International , Performance Food Group . There are relatively few major reports in the morning....

... clear signals of future changes. The oil market remains relatively stable due to coordination among producers, although it remains sensitive to economic risks. The European gas market approaches winter with record reserves, alleviating concerns of sharp price surges. In Russia, heightened state regulation of the fuel market is underway — likely, such "manual control" measures will become the norm in the near future to prevent crises. Meanwhile, the global energy transition continues: renewable energy is achieving record growth, while ...

... dip following the July Central Bank decision, stabilized around 80 ₽ per $1. The key rate cut by 200 bps only moderately reduced the attractiveness of ruble assets – outflows of speculative capital were small, as this step was expected and already priced in. The sale of export currency earnings and selective interventions by the regulator smooth out fluctuations, providing relative stability for the ruble even with a shrinking interest rate differential. Volatility in the Russian currency market has significantly decreased compared to the beginning of the year. The macroeconomic ...

... to its earnings per share. A high P/E can indicate overvaluation, while a low P/E may suggest potential undervaluation. P/B (Price to Book): Shows the ratio of the company’s market value to its book value. A value above 1 may indicate high market expectations ... ... passed an audit, enhancing investor trust. The company’s strategy, focused on transparency and efficiency within a tightly regulated environment, allowed it to attract private investors and leverage government support through Skolkovo programs, while ...