Mobile Telesystems OJSC
Latest Mobile Telesystems OJSC News and Updates

Oaktree Capital Sheds Nearly Half Its Holdings in NRG Energy
NRG Energy is a US-based integrated retail electricity and wholesale power-generation firm. The company has 2.5 million residential customers across the US.

Passive Funds Investing in Russian Stocks Have Had a Good 1Q16
All passive funds have outpaced the actively managed LETRX in 1Q16. Picks from the information technology sector did the LETRX in.

IMF’s Economic Growth Expectations for Eurozone Largely the Same
In its recent update, the International Monetary Fund’s economic growth projections for the Eurozone, including Lithuania, are unchanged at 1.5% for 2015.

Dimensional Fund Advisors’ Major Holdings in Q3
Dimensional Fund Advisors’ top buys are Apple (AAPL), AT&T (T), Microsoft (MSFT), L3Harris Technologies (LHX), and Verizon Communications (VZ).

How Does the Indian Rupee Compare Alongside Its Peers?
The Indian rupee has crossed 2.5-year lows as the US dollar and Indian rupee currency pair crossed the 67 handle after the close of the trading session.

Why the Russian crisis could escalate and equities could fall another 20%
Why the Russian crisis could escalate: Volatility spiked for the Russian stock market after February 22, 2014, when protesters ousted Ukrainian president Viktor Yanukovych and seized control of Kiev. This situation quickly worsened after March 18, 2014, when Putin annexed Crimea, sending the ruble from 34:1 to the dollar in June to 40:1 this week. […]

Is Russia’s Manufacturing Sector Losing Momentum?
Russia’s manufacturing activity improved at a slower pace in April due to weaker demand. Growth in output and new orders slowed to eight-month lows.

Russian Manufacturing Contracts in December
According to Markit, Russia’s manufacturing PMI (purchasing managers’ index) declined by 1.4 points and came in at 48.7 in December, as compared to 50.1 in November 2015.

A Depressed Outlook for the Russian Ruble in 2016
The Russian ruble dropped to an all-time low against the US dollar towards the end of 2015.

Turkish Lira Fell as the Central Bank Holds Rates
The Turkish lira fell against the US dollar on December 22. It fell after an unexpected move by the Turkish central bank to keep interest rates steady at 7.5%.

Russia’s Manufacturing PMI Was Little Changed in November
Russia accounts for about 1.8% of the world’s GDP, and manufacturing activity accounts for ~15% of Russia’s GDP. Russia’s manufacturing PMI declined slightly to 50.1 in November, compared to 50.2 in October.

Mobile TeleSystems: What Led to Falling Income in Fiscal 3Q15?
Mobile TeleSystems is a telecommunications group located in Russia, as well as Central and Eastern Europe. It offers wireless internet access to customers.

Russian ETFs: Down but Not Out among BRICS
The energy sector can keep both Russian ETFs down until crude oil prices do not reverse their slide. A fall in energy sector stocks would impact both Russian ETFs.

EMEA Countries Have Mixed Responses to Devaluation of the Yuan
Countries in the EMEA (Europe, the Middle East, and Africa) region have shown mixed responses to the devaluation of the yuan.

Kazakhstan Tenge Dives to an All-Time Low
On August 20, Kazakhstan prime minister Karim Massimov announced that the country is moving into a free-float regime, with its central bank monetary policy aiming to target inflation.