Report
Anastasia Khakhaeva ...
  • Andrey Kuznetsov
  • Andrey Gromadin
  • Andrey Krylov
  • Anna Kotelnikova
  • Cole Akeson
  • Fedor Kornachev
  • Ilyas Yerzhanov
  • Mikhail Krasnoperov
  • Research Team
  • Svetlana Sukhanova

CIS Market Daily - November 20, 2020

MARKET COMMENT - MIXED BACKDROP AFTER THREAT TO CANCEL SOME US ANTICRISIS MEASURESThe RTS fell 1.4% to 1,259 yesterday, compared with a 0.6% drop on the MSCI EM. Global indicators are mixed this morning after news last night that the US may close out some of the anticrisis measures implemented earlier this year. RTS futures are up 0.3%. STORIES> Gazprom Neft easily beats 3Q20 estimates> QIWI 3Q20 results above consensus, regulatory headwinds flagged> MHP: Downgrade on soaring soft commodity prices, weak harvest> Sovcomflot: Initiating with a BUY
Underlyings
Gazprom Neft (GDR)

Gazprom Neft PJSC

Gazprom Neft PJSC is vertically integrated oil company operating in the Russian Federation, CIS and internationally. Co.'s principal activities include exploration, production and development of crude oil and gas, production of refined petroleum products and distribution and market ing operations through its retail outlets. Co.'s Upstream segment includes the exploration, development and production of crude oil and natural gas (including joint ventures results), oil field services. Co.'s Downstream segment processes crude into refined products and purchases and sells and transports crude and refined petroleum products (refining and marketing).

MHP SE Sponsored GDR RegS

MHP is a holding company. Through its subsidiaries, Co. is engaged in poultry and related operations, grain growing, as well as other agricultural operations. Co.'s poultry and related operations integrate all functions related to the production of chicken, including hatching, fodder manufacturing, raising chickens to marketable age, processing and marketing of branded chilled products and include the production and sale of chicken products, sunflower oil, mixed fodder and convenience food products. Grain growing produces and sells grains. Other agricultural operations comprise the production and sale of cooked meat, sausages, beef, milk, goose meat, foie gras, fruit and feed grains.

Qiwi Plc Sponsored ADR Class B

Sovcomflot

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
Anastasia Khakhaeva

Andrey Kuznetsov

Andrey Gromadin

Andrey Krylov

Anna Kotelnikova

Cole Akeson

Fedor Kornachev

Ilyas Yerzhanov

Mikhail Krasnoperov

Research Team

Svetlana Sukhanova

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