Report
Andrey Gromadin ...
  • Anton Stroutchenevski
  • Artem Vinogradov
  • Cole Akeson
  • Igor Rapokhin
  • Konstantin Samarin
  • Research Team
  • Yuri Popov

CIS Market Daily - February 9, 2022

MARKET COMMENT - FALLING RISK PERCEPTIONS, CYCLICAL APPETITES BENEFIT RUSSIAN STOCKSThe RTS soared 3.0% to 1,489. Despite a fall in oil (circa $3/bbl intraday), apparently easing risk perceptions and global appetites for cyclical stocks fueled a strong rally. Global markets leaned slightly positive, the MSCI World (DM) and MSCI EM ex-China gaining 0.5-0.6%. Global indicators point higher with Russia indicators outperforming this morning ahead of Rusal numbers, the MSCI decision, Russian CPI and other key monthly data, and US oil data. STORIES> MSCI Russia February 2022 rebalancing preview> CBR Preview: On track to double-digit key rate> BP's results point to weak bottom line for Rosneft in 4Q21> Ukrainian GDP growth accelerates in 4Q21, leading to 3.2% growth for the full year 2021
Underlyings
Rosneft Oil Co.

OJSC OC Rosneft is a vertically-integrated Russian oil and gas company with upstream and downstream operations in each of Russia's oil-producing regions. Headquartered in Moscow, Co. operates ten oil and gas producing enterprises across Russia and is involved in over ten exploration projects. In addition to its upstream operations, Co. also owns two refineries, which have a combined capacity of 10 million tons per year, as well as four main oil export terminals and a nationwide network of over 600 service stations. Co.'s downstream operations consist of its crude oil export structure, refining operations and nationwide network of marketing subsidiaries.

Rosneft Oil Co. Sponsored GDR RegS

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 Gromadin

Anton Stroutchenevski

Artem Vinogradov

Cole Akeson

Igor Rapokhin

Konstantin Samarin

Research Team

Yuri Popov

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