Alfa-Bank Investor Confidence Index

2018

03 / Dec

AB-ICI: Switching to a new methodology

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03 / Oct

AB-ICI: Clouds gathering on growth outlook

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05 / Sep

AB-ICI: Four factors that pressured the market

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02 / Aug

AB-ICI: Preparing for long pause in policy rate cut

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03 / Jul

AB-ICI: Local uncertainty intensified in May

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27 / Apr

AB-ICI: Geopolitics spoil index recovery

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01 / Apr

AB-ICI: Consumption again under focus

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01 / Mar

AB-ICI: Sentiment matters

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01 / Feb

AB-ICI: Positive sentiment fuels market

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2017

01 / Dec

AB-ICI: Fundamentals against the market

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01 / Nov

AB-ICI: Divergent trends

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04 / Oct

AB-ICI: Trends unchanged

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08 / Sep

AB-ICI: Weak outlook

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02 / Aug

AB-ICI: Disappointing development

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10 / Jul

AB-ICI: Gap to RTS narrows

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05 / Jun

AB-ICI: Ceiling hinders RTS growth

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09 / Feb

AB-ICI: RTS still deviates from fundamentals

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2016

02 / Nov

AB-ICI: Deviation from RTS in focus

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19 / Sep

AB-ICI: Moving sideways

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29 / Apr

AB-ICI: Adjustment Nears Completion

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01 / Mar

AB-ICI: Stabilizing on Better Market Sentiment

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2015

01 / Feb

AB-ICI: Recovery Postponed, Not Cancelled

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28 / Dec

AB-ICI: Questions For 2016

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01 / Dec

AB-ICI: More Risks to Inflation Inbound

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02 / Nov

AB-ICI: Year-End Risks Remain

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30 / Sep

AB-ICI: Capital Outflow Still a Risk

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31 / Aug

AB-ICI: New Global Challenges

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31 / Jul

AB-ICI: New Risk to Ruble

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01 / Jul

AB-ICI: Rally Hits the Wall

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01 / Jun

AB-ICI: CBR to Kill the Mood?

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30 / Apr

AB-ICI: Recovery with Side-Effects

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01 / Apr

AB-ICI: Some Recovery in Sentiment

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27 / Feb

AB-ICI: Further Downside Limited

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02 / Feb

AB-ICI: 12% collapse, historical record

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2014

29 / Dec

AB-ICI: RTS Meets Its Fair Value

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01 / Dec

AB-ICI: It’s All About Ruble Now

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05 / Nov

AB-ICI: Capital Outflow Darkens 4Q14 Outlook

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01 / Oct

AB-ICI: Ruble Weakness In Focus

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01 / Sep

AB-ICI: Down on sanctions

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31 / Jul

AB-ICI: Fresh Round of Sanctions

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30 / Jun

AB-ICI: Rebound after the turmoil in March

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30 / May

AB-ICI: Stabilizes after free-fall

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29 / Apr

AB-ICI: Risk-Off Mode

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31 / Mar

AB-ICI: Ruble instability is the key risk

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28 / Feb

AB-ICI: Weak ruble adds to negative trend

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03 / Feb

AB-ICI: Further deterioration of economic trends

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2013

31 / Dec

AB-ICI: Long-run trends remain negative

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29 / Nov

AB-ICI: Ruble is the Key Risk Now

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31 / Oct

AB-ICI: Slightly up despite domestic weakness

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01 / Oct

AB-ICI: Domestic factors drag the index down

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30 / Aug

AB-ICI: Market support may prove temporary

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28 / Jun

AB-ICI: Market support may only be temporary

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31 / May

AB-ICI: Lack of Fundamental Improvement

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30 / Apr

AB-ICI: Economic growth accelerated in March

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29 / Mar

AB-ICI: Risks of CBR Easing Loom Larger

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04 / Mar

AB-ICI: Expected Stagnation

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01 / Feb

AB-ICI: Lack of Momentum

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2012

27 / Dec

AB-ICI: Wait and See Approach Prevails

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30 / Nov

AB-ICI: Year-End Uncertainties Exert Pressure

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06 / Nov

AB-ICI: Foreign Confidence Hit Again

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28 / Sep

AB-ICI: Lifted by Global Market Optimism

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31 / Aug

AB-ICI: Suffering from Weak Ruble

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31 / Jul

AB-ICI: Inflation Back in Focus

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29 / Jun

AB-ICI: Fearing the Worst, Hoping for the Best

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31 / May

AB-ICI: Pressured by the Flight from Risks

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28 / Apr

AB-ICI: Weak Capital Flows Put Growth on Hold

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09 / Apr

AB-ICI: Another Step in the Right Direction

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29 / Feb

AB-ICI: Expecting a Better Tomorrow

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31 / Jan

AB-ICI: Struggling For Growth in 2012

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2011

28 / Dec

AB-ICI: Political Risks in Focus

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30 / Nov

AB-ICI: A temporary recovery

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31 / Oct

AB-ICI: Risks of Further Capital Outflow Remain

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30 / Sep

AB-ICI: Succumbed to the Market Downturn

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31 / Aug

AB-ICI: FDI provides little support

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29 / Jul

AB-ICI: A Modest Recovery

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30 / Jun

AB-ICI: Capital Outflow Still on the Agenda

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31 / May

AB-ICI: Stagnant on Capital Outflow

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29 / Apr

AB-ICI: Slide Continues due to Market Forces

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31 / Mar

AB-ICI: Decline Predicted by Fundamentals

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01 / Mar

AB-ICI: Mixed picture behind index growth

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31 / Jan

AB-ICI: Good start, but prospects cloudy

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2010

29 / Dec

AB-ICI: End-of-the-year Market Rally

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30 / Nov

AB-ICI: Strong Markets, but Outflow Continues

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29 / Oct

AB-ICI: Down on Weak Economic Growth

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30 / Sep

AB-ICI: Capital Outflow is Back on the Agenda

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31 / Aug

AB-ICI: Rebound on Better Capital Flows

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30 / Jul

AB-ICI: Expecting Interest Rates to Rise

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30 / Jun

AB-ICI: Falling Markets, Rising Rates

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31 / May

AB-ICI: The Market vs. Economics

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30 / Apr

AB-ICI: Focus on Fiscal Risks

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31 / Mar

AB-ICI: Struggling with a Liquidity Overhang

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03 / Mar

AB-ICI: Supported by the ruble, hit by FDI

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29 / Jan

AB-ICI: A still air of 2010

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2009

24 / Dec

AB-ICI: What Lies Ahead in 2010?

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03 / Dec

AB-ICI: The Recovery Unexpectedly Continues

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30 / Oct

AB-ICI: Following Market Sentiment

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29 / Sep

AB-ICI: Weak Growth on Mixed News

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28 / Aug

AB-ICI: All Factors Oppose Growth

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01 / Aug

AB-ICI: Ruble Volatility Hit Growth

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01 / Jul

AB-ICI: A Tug of War

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29 / May

AB-ICI: Market Optimism Offsets Economics

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30 / Apr

AB-ICI: Financial Markets at a Crossroads

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01 / Apr

AB-ICI: A temporary stabilization

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06 / Mar

AB-ICI 2009: The end of consumer-driven growth

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2008

02 / Feb

AB-ICI 2008: Steady decline

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01 / Oct

AB-ICI: A Crisis of Confidence

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24 / Oct

AB-ICI: Continued Decline

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01 / Oct

AB-ICI: A Crisis of Confidence

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08 / Sep

AB-ICI: Falling with Financial Markets

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25 / Jul

AB-ICI: Disregarding Capital Inflow

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30 / Jun

AB-ICI: Under Inflationary Pressure

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30 / May

AB-ICI: Threatened by Lower Capital Inflow

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30 / Apr

AB-ICI: Recovering With Capital Inflows

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25 / Mar

AB-ICI: Depressed by Weak Deposits Growth

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29 / Feb

AB-ICI: Following Capital Outflows

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2007

29 / Nov

AB-ICI: Rising on Foreign Banks’ Penetration

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28 / Sep

AB-ICI: Suffering from Capital Outflow

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28 / Aug

AB-ICI: Drops 2% on Global Trends

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24 / Jul

AB-ICI: Countdown to Take-Off

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21 / May

AB-ICI: Growth Facing Obstacles

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26 / Feb

AB-ICI: Under Pressure from Capital Outflows

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23 / Jan

AB-ICI 2006: Lagging Optimistic Market Growth

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2006

22 / Dec

AB-ICI: Demonstrating Expected Recovery

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29 / Nov

AB-ICI: Going Down, but Looking Up

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24 / Oct

AB-ICI: Frozen by Oil Price Concerns

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25 / Sep

AB-ICI: Reflecting Banking Growth

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18 / Aug

AB-ICI: Following Financial Markets

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27 / Jul

AB-ICI: Expecting Reserves Growth

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26 / Jun

AB ICI: Market Volatility Hits the Index

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22 / May

AB-ICI: Additional Growth to Come from FDI

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23 / Mar

AB ICI: Foreign Investments up 20%

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21 / Feb

AB-ICI: Index Drop on Lower Savings

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26 / Jan

AB-ICI 2005: Boosted by IPOs

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2005

22 / Nov

AB-ICI October: No News is Bad News

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24 / Oct

AB-ICI September: Recovering with the Markets

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27 / Sep

AB-ICI August: Respite Ahead of Growth

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31 / Aug

AB-ICI July: Reflecting Fundamental Improvement

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26 / Jul

AB-ICI June: Down As Expected

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24 / Jun

AB-ICI May: Following the GDP trend

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20 / May

AB-ICI April: Entering a Difficult Period

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22 / Apr

AB-ICI March: Uncertainty Triggers Higher Volatility

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01 / Apr

AB-ICI February: Only Good News

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21 / Feb

AB-ICI January: Rising Despite Capital Outflow

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21 / Jan

AB-ICI 2004: Optimism Not Shared by the Market

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2004

22 / Dec

AB-ICI November: Accelerating at Year's End

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23 / Nov

AB-ICI October: Banking Crisis Overcome

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21 / Oct

AB-ICI September: Up on Foreign Borrowing

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21 / Sep

AB-ICI August: Falling to May's Level

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23 / Aug

AB-ICI July: FDI Offsets Market Weakness

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20 / Jul

AB-ICI June: Relaxing after 10% Jump

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22 / Jun

AB-ICI May: Index up 10% on Foreign Activity

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19 / May

AB-ICI April: Two IPOs Pushed the Index Up

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20 / Apr

AB-ICI March: Focus on CBR Exchange Policy

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23 / Mar

AB-ICI February: Index Flat on Cabinet Dismissal

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24 / Feb

AB-ICI: Further Growth Requires Transparency

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21 / Jan

AB ICI: Down 14% in 2003 Despite Macro Stability

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2003

23 / Dec

AB-ICI November: Stable on Lack of Capital Flight

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21 / Nov

AB-ICI October: $2.1 bln FDI Offsets Drop on RTS

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22 / Oct

AB-ICI September: Showing Signs of Recovery

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03 / Oct

AB ICI: Market Up, Index Flat

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14 / Aug

Alfa Bank – Investor Confidence Index: July

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22 / May

Alfa Bank Investor Confidence Index

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