Sberbank - Oil company LUKOIL PJSC (LKOH) ... CIS Market Daily - October 14, 2021

Report

Sberbank

Andrey Kuznetsov ...

Andrey Gromadin
Anton Stroutchenevski
Artem Vinogradov
Cole Akeson
Research Team

CIS Market Daily - October 14, 2021

MARKET COMMENT - GLOBAL STOCKS REBOUND, RUSSIA A LAGGARD AMID HAWKISH FED TAPER HEADLINESGlobal stocks saw net gains for the first time in four sessions as investors brushed off a slightly higher than expected US inflation print and hawkish comments in the FOMC minutes. Russia was a laggard, the RTS declining 0.8% to 1,855, as the heavyweight energy and finance sectors were out of favor globally. Both global and Russia indicators have perked up overnight, while Russian operating numbers, US financial results, and oil and conference headlines are in focus today.STORIES> Weekly inflation in Russia edges down to 0.22%> Russia's external debt grows in 3Q21 due to SDR disbursement from IMF> Lukoil BoD recommends interim DPS at R340, as expected

14/10/2021 13 EN

Underlyings

Oil company LUKOIL PJSC

PJSC Lukoil is a vertically-integrated oil company engaged in the exploration and production of crude oil and natural gas. Co. is engaged in all main sectors of the modern oil business including supplies, refining, marketing, transportation, petrochemicals and oil-related activities. Co.'s operations are divided into five business segments: Exploration and Production; Refining, Marketing and Distribution; Chemicals; Power Generation and Other Business Segments. Co. owns and operates refineries in Bulgaria (LUKOIL Neftochim Bourgas AD) and Romania (Petrotel-LUKOIL).

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RU0009024277 Moscow Exchange MICEX-RTS Russia

Oil company LUKOIL PJSC Sponsored ADR

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US69343P1057 Mexican Stock Exchange Russia

Provider

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.

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Analysts

Andrey Kuznetsov

Andrey Gromadin

Anton Stroutchenevski

Artem Vinogradov

Cole Akeson

Research Team

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CIS Market Daily - October 14, 2021

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