Report
Andrey Gromadin ...
  • Anton Stroutchenevski
  • Artem Vinogradov
  • Cole Akeson
  • Dmitry Troshin
  • Georgiy Ivanin
  • Igor Rapokhin
  • Igor Vasilyev
  • Konstantin Samarin
  • Maria Martynova
  • Research Team
  • Rodion Lomivorotov
  • Yuri Popov

CIS Market Daily - December 15, 2021

MARKET COMMENT - RUSSIAN STOCKS FULLY RECOVER FROM EARLY PLUNGEAsian and European stock indexes closed around 1.0% lower yesterday. US stocks also faltered, with benchmark indexes closing down 0.7-1.1% in the wake of an above-consensus November PPI reading. In Russia, stocks plunged during the morning session but recovered throughout the remainder of the day, with the RTS finishing flat. STORIES> Liquid part of NWF to exceed 10% of GDP as soon as 2023> CBR Preview: Doubling down on tightening> Federal Reserve Preview: Treading lightly still> EU reportedly planning to strengthen gas market security> InterRAO reiterates 2021 EBITDA guidance, gives conservative outlook for 2021 net income
Underlyings
Gazprom (GDR)

Gazprom PJSC

PJSC Gazprom is a gas company based in Russia. Co.'s principal activity is the sale of gas. Co. is also involved in other types of activities which include leasing of assets, gas transportation and storage services, sale of gas condensate and refined products. Co. and its subsidiaries and associates operates gas pipelines systems in Russia. Co. is responsible for substantially all gas production and high pressure gas transportation in the Russian Federation. Co. is also a major exporter of gas to European countries. Co. is directly involved in exploration and drilling for hydrocarbons, production of gas and other hydrocarbons and domestic and export sale of gas and other hydrocarbons.

Inter RAO UES PJSC

Inter RAO UES PJSC is a functioning operator of electricity exports and imports in the territory of Russia. Co. represents the interests of two Russian power sector participants: RAO UES of Russia and Rosenergoatom concern, which possess 60 and 40% of the shares respectively. Co. is engaged in arranging transboundary electricity supplies, to provide both domestic and foreign consumers with electric power. Co. is also engaged in pursuing effective investment activities. Co. is developing several areas of activity, including: electric power export and import supplies; electricity sales in home and foreign markets; investment activities; and foreign asset management.

Provider
Sberbank
Sberbank

​Sberbank CIB Investment Research is a research firm offering equity, fixed income, economics, and strategy research. It covers analysis on all aspects of Russia’s capital markets, issues and industries. The firm analyzes trends in Russia and combines local knowledge with a global perspective. It processes macroeconomic data, market and company-specific news, stock quotes and other information for providing research reports. The firm provides details and latest prices on the most traded names and most traded paper on all segments Russian market. In strategy research, it provides thematic research, tips and descriptions of the methodology used to evaluate companies.

Analysts
Andrey Gromadin

Anton Stroutchenevski

Artem Vinogradov

Cole Akeson

Dmitry Troshin

Georgiy Ivanin

Igor Rapokhin

Igor Vasilyev

Konstantin Samarin

Maria Martynova

Research Team

Rodion Lomivorotov

Yuri Popov

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