Report
Andrey Kuznetsov ...
  • Andrey Gromadin
  • Anna Kotelnikova
  • Cole Akeson

CIS Market Daily - 10 июня 2019

КОММЕНТАРИЙ И ПРОГНОЗ - СЛАБЫЕ ДАННЫЕ ПО ЧИСЛУ РАБОЧИХ МЕСТ В США, ОТСУТСТВИЕ НОВЫХ АМЕРИКАНСКИХ ПОШЛИН, ОБСУЖДЕНИЕ СИТУАЦИИ НА НЕФТЯНОМ РЫНКЕ И СЛУШАНИЯ В КОНГРЕССЕРынки в пятницу преимущественно росли: индекс РТС поднялся на 0,5% до 1 326 пунктов, глобальный индекс MSCI ACWI прибавил 1,0%. Нефть также подорожала на фоне позитивного настроя: с закрытия торгов в четверг котировки Брент выросли более чем на 5% до $63,63/барр (на момент написания настоящего комментария). Настрой рынка в пятницу поддержала публикация слабого отчета по числу рабочих мест в США, которая укрепила надежды на дальнейшее смягчение позиций центробанков. Дополнительный импульс к росту рынкам придало заключение в минувшие выходные соглашения между США и Мексикой, которое позволит избежать введения новых импортных пошлин. НОВОСТИ> Данные EPFR указывают на продолжающийся отток капитала из акций развивающихся рынков> Результаты Татнефти за 1К19: генерация свободного денежного потока остается на высоте> Газпром: в 2019 году на фоне увеличения дивидендов НДПИ повышаться не будет> Транснефть может направить 50% чистой прибыли на выплату дивидендов за 2018 год> НОВАТЭК: позитивные предпосылки для результатов за 3К19
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

TATNEFT (PREF A)

TATNEFT PJSC

Tatneft PJSC and its subsidiaries are engaged in crude oil exploration, development and production principally in the Republic of Tatarstan, Russia. Co. is a holding structure, which incorporates oil and gas production boards, crude oil and gas refining companies, as well as enterprises and servicing works selling the crude oil and also the products of crude oil and gas refining and petrochemical products. In addition to this, Co. is also participating in the banking and insurance activities. Co.'s operations are divided into the following main segments: Exploration and Production; Refining and Marketing; and Petrochemicals.

Transneft PJSC Pref.

Transneft is an oil pipeline group based in the Russian Federation. Co. and its subsidiaries operate a crude oil pipeline system totalling 50,142 km. Co. transport millions of tons of crude oil to domestic and export markets. Co. produces a substantial majority of the crude oil in the territory of the Russian Federation. In addition, Co., through Group Transnefteproduct operates an oil products pipeline system in the Russian Federation and in the Republics of Belarus and Ukraine totalling 18,746 km. Through its associate OOO LatRosTrans, Co. operates an interconnected system in the Latvian Republic.

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

Cole Akeson

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