Report
Andrey Kuznetsov ...
  • Andrey Gromadin
  • Anna Kotelnikova
  • Anton Stroutchenevski
  • Artem Vinogradov
  • Cole Akeson
  • Research Team
  • Rodion Lomivorotov

CIS Market Daily - June 2, 2021

MARKET COMMENT - CYCLICALS AND OIL OUTPERFORMING ON A MIXED BACKDROP; SPIEF AND CBW IN FOCUS TODAYWhile most markets saw gains yesterday (MSCI EM +1.1%), a flat US session and concerns about US employment data left a more mixed picture overnight. The RTS gained 1.0% to mark 1,614. Most indicators are mixed today, except for a further rise in oil. SPIEF and possible US announcements related to sanctions are in focus. STORIES> Russia Economic Monthly: Fast recovery in labor market creates risk of wage inflation> Gazprom reports another strong monthly operating update> Russian crude oil and condensate production flat m-o-m in May> Kazakh GDP shrinks 1.5% y-o-y in 1Q21> Kazakh inflation climbs to 7.2% y-o-y in May> Ukrainian economic activity improves in April on low base
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.

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 Kuznetsov

Andrey Gromadin

Anna Kotelnikova

Anton Stroutchenevski

Artem Vinogradov

Cole Akeson

Research Team

Rodion Lomivorotov

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