Report
Andrey Gromadin ...
  • Anton Stroutchenevski
  • Artem Vinogradov
  • Cole Akeson
  • Konstantin Samarin
  • Research Team
  • Yaroslav Lissovolik

CIS Market Daily - December 23, 2021

MARKET COMMENT - POSITIVE TRADING MOMENTUM REMAINS IN PLACESlow activity and moderate optimism held sway in global markets yesterday. Macro data in the US was positive, which supported markets, while Omicron-related concerns eased somewhat. European and US indexes closed 0.9-1.9% higher. President Putin's annual press conference will garner attention locally.STORIES> EU, US to coordinate security talks with Russia> Weekly inflation at 0.3% over week ending December 20> Industrial output growth eases to 7% y-o-y in November> Novatek signs term sheet for blue ammonia supply to Europe> Gazprom's management provides update on 2022 plans> Economic activity in Kazakhstan surges in November
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.

NOVATEK JSC

Novatek is an independent gas producer and natural gas producer in Russia. Co. is engaged in the exploration, production, and processing of natural gas and liquid hydrocarbons. Co.'s upstream activities are concentrated in the Yamal-Nenets region, which is a natural gas producing area and accounts for a significant part of Russia's natural gas production. Co.'s three core fields are located in the regions of Yurkharovskoye, East Tarkosalinskoye and Khancheyskoye. Co. maintains natural gas reserves of approximately 1,144 bcm. Co.'s total net proved reserves totals around 8,088 million barrels of oil equivalent (boe).

NOVATEK JSC Sponsored GDR RegS

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

Konstantin Samarin

Research Team

Yaroslav Lissovolik

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