Sberbank - PhosAgro PJSC Sponsored GDR RegS (PHOR) CIS Market Daily - May 28, 2018

Report

Sberbank

Andrey Kuznetsov ...

Anton Stroutchenevski
Cole Akeson
Irina Lapshina
Mikhail Sheybe

CIS Market Daily - May 28, 2018

MARKET COMMENT - MODERATE GLOBAL AND RUSSIAN STOCK WEAKNESS AS OIL TUMBLESThe RTS edged down 0.3% on Friday to 1,170, moving in line with DMs (MSCI World -0.3%) and a bit worse than EMs (MSCI EM +0.1%). Meanwhile, Brent fell almost 4% between Moscow's Thursday and Friday night closes on new developments around the OPEC+ deal. We expect a moderately weaker open today on the back of the continuing decline in the oil price.STORIES> Energy sector at $80/bbl oil: Looking forward to earnings upgrades> CEV: How the government plans to implement the May decree> Oil Price Fundamentals: Crossroad on a bullish highway> PhosAgro 1Q18 earnings preview: Watch cash cost performance

28/05/2018 15 EN

Underlying

PhosAgro PJSC Sponsored GDR RegS

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US71922G2093 London 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

Anton Stroutchenevski

Cole Akeson

Irina Lapshina

Mikhail Sheybe

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CIS Market Daily - May 28, 2018

PhosAgro PJSC: PhosAgro Successfully Debuts on Russian Debt Market with Yuan-Denominated Bonds

PhosAgro PJSC: Independent Director Viktor Cherepov Re-elected Chairman of PhosAgro’s Board of Directors

PhosAgro PJSC: PhosAgro Receives First-Ever Credit Rating from Expert RA: AAA (RU) with Stable Outlook

Russian Consumer - Unemployment and Income: The Outlook for 2022

Russian Banks - What We Know at This Stage

CIS Market Daily - March 24, 2022

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