Report
Andrew Keeley ...
  • Andrey Gromadin
  • Anton Stroutchenevski
  • Artem Vinogradov
  • Arthur Cherkesov
  • Cole Akeson
  • Konstantin Samarin
  • Research Team

CIS Market Daily - February 17, 2022

MARKET COMMENT - REFRESHED UKRAINE WORRIES ON DONBASS VIOLENCE, US ACCUSATIONSThe RTS gained 1.8% yesterday to reach 1,525, but early this morning futures are down more than 3%. Claims of ceasefire violations in eastern Ukraine, US allegations of rising Russian troop deployments and a generally poor global backdrop are weighing on the market. Last night's MSCI Russia 10-40 pricing, several company events, EU and NATO summits, and scheduled remarks from top Russian officials are among the events to watch today.STORIES> US Republicans release "NYET" bill draft before weeklong recess> Russian weekly inflation slows to 0.1% last week> Novatek reports strong 4Q21 financials on the back of record gas prices> Tinkoff Bank announces mass rollout of its new mortgage offering> Kazakh GDP expands 4% in 2021, but growth eases in 4Q21 and January 2022
Underlyings
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

TCS Group Holding Plc Sponsored GDR Class A RegS

TCS Group Holding is a retail banking services group based in the Russian Federation. Co. is principally engaged in providing retail banking services in the Russian Federation through its subsidiaries, primarily Tinkoff Credit Systems. Co., through this subsidiary, fully licensed by the Central Bank of Russia and a member of the Deposit Insurance System, specializes in credit cards. Co. provides online retail financial services through a branchless operating platform. Co. also offers remote access to its financial products and services through its online banking as well as through mobile banking and high-volume call centers.

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
Andrew Keeley

Andrey Gromadin

Anton Stroutchenevski

Artem Vinogradov

Arthur Cherkesov

Cole Akeson

Konstantin Samarin

Research Team

Other Reports on these Companies
Other Reports from Sberbank

ResearchPool Subscriptions

Get the most out of your insights

Get in touch