Report
Andrey Gromadin ...
  • Cole Akeson
  • Dmitry Troshin
  • Georgiy Ivanin
  • Konstantin Samarin
  • Research Team
  • Yaroslav Lissovolik

CIS Market Daily - December 22, 2021

MARKET COMMENT - MARKETS RECOVERING HEADING INTO THE HOLIDAYSGlobal markets saw a recovery in risk sentiment yesterday. US stock markets closed 1.8-2.4% higher, while European indexes finished up around 1.5%. The RTS notched a more modest 1.0% gain. The mood has remained upbeat this morning, with the Russian market finding additional support from higher oil prices.STORIES> Russia-US security talks to take place in January> Rosneft 2030 strategy: More ambitious on environmental targets, relatively conservative on growth plans> Gazprom provides upbeat, but still conservative guidance for 2021 and 2022> Segezha Group completes acquisition of Inter Forest Rus, consolidates Segezha West project
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.

Rosneft Oil Co.

OJSC OC Rosneft is a vertically-integrated Russian oil and gas company with upstream and downstream operations in each of Russia's oil-producing regions. Headquartered in Moscow, Co. operates ten oil and gas producing enterprises across Russia and is involved in over ten exploration projects. In addition to its upstream operations, Co. also owns two refineries, which have a combined capacity of 10 million tons per year, as well as four main oil export terminals and a nationwide network of over 600 service stations. Co.'s downstream operations consist of its crude oil export structure, refining operations and nationwide network of marketing subsidiaries.

Rosneft Oil Co. Sponsored GDR RegS

SEGEZHA GROUP PJSC

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

Cole Akeson

Dmitry Troshin

Georgiy Ivanin

Konstantin Samarin

Research Team

Yaroslav Lissovolik

Other Reports on these Companies
Other Reports from Sberbank

ResearchPool Subscriptions

Get the most out of your insights

Get in touch