Cheat Sheet: How the Russian stock market reacted to events in Ukraine, sanctions and food import...

Cheat sheet: How the Russian stock market reacted

to events in Ukraine, sanctions and food import ban We know how to tell your story

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01.11.2013 01.12.2013 01.01.2014 01.02.2014 01.03.2014 01.04.2014 01.05.2014 01.06.2014 01.07.2014 01.08.2014

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Nov

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21 November

Yanukovich’s government abandons

treaty to have closer ties with the EU

and seeks to expand cooperation

with Moscow instead. Protests begin.

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Russian market: sanctions & Ukraine

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01.11.2013 01.12.2013 01.01.2014 01.02.2014 01.03.2014 01.04.2014 01.05.2014 01.06.2014 01.07.2014 01.08.2014

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Nov

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30 November

Police brutally attack protesters. On

December 1, up to 300,000 people

take to the streets and seize Kiev City

Hall.

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Russian market: sanctions & Ukraine

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01.11.2013 01.12.2013 01.01.2014 01.02.2014 01.03.2014 01.04.2014 01.05.2014 01.06.2014 01.07.2014 01.08.2014

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Nov

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sanctions

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sanctions 18

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17 December

Russia announces it will buy $15 billion

worth of Ukrainian government bonds

and provide a discount on natural gas

prices to the country.

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Russian market: sanctions & Ukraine

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01.11.2013 01.12.2013 01.01.2014 01.02.2014 01.03.2014 01.04.2014 01.05.2014 01.06.2014 01.07.2014 01.08.2014

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Nov

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22 January

The first protest deaths. Two people

die from gun-shot wounds.

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Russian market: sanctions & Ukraine

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01.11.2013 01.12.2013 01.01.2014 01.02.2014 01.03.2014 01.04.2014 01.05.2014 01.06.2014 01.07.2014 01.08.2014

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Nov

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Mar

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sanctions

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sanctions 18

sanctions 24

28 January

Ukrainian government tries to defuse

the crisis by having the prime minister

resign and repealing the harsh anti-

protest law.

1

5

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Russian market: sanctions & Ukraine

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01.11.2013 01.12.2013 01.01.2014 01.02.2014 01.03.2014 01.04.2014 01.05.2014 01.06.2014 01.07.2014 01.08.2014

2 3

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7

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10

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Russian market: sanctions & Ukraine

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Nov

2013

Dec

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Jan

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Apr

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May

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Jun

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Jul

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Aug

2014

sanctions

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sanctions 18

sanctions 24

16 February

Opposition leaves Kiev City Hall in

exchange for the release of all jailed

protesters.

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01.11.2013 01.12.2013 01.01.2014 01.02.2014 01.03.2014 01.04.2014 01.05.2014 01.06.2014 01.07.2014 01.08.2014

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Nov

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Jun

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Aug

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sanctions

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18-20 February

Over a hundred dead and many

more injured in worst violence the

country has seen in 70 years.

1 7

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Russian market: sanctions & Ukraine

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01.11.2013 01.12.2013 01.01.2014 01.02.2014 01.03.2014 01.04.2014 01.05.2014 01.06.2014 01.07.2014 01.08.2014

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Nov

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Jan

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Jun

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Jul

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sanctions

12

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sanctions 18

sanctions 24

22 February

President Yanukovich disappears and

the parliament votes to remove him

from power.

1 7 8

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Russian market: sanctions & Ukraine

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01.11.2013 01.12.2013 01.01.2014 01.02.2014 01.03.2014 01.04.2014 01.05.2014 01.06.2014 01.07.2014 01.08.2014

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Nov

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2014

sanctions

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1 March

Putin receives approval from the

parliament to use military force. On

Monday, the stock market falls 11%,

wiping nearly $60 billion off the value

of Russian firms.

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Russian market: sanctions & Ukraine

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01.11.2013 01.12.2013 01.01.2014 01.02.2014 01.03.2014 01.04.2014 01.05.2014 01.06.2014 01.07.2014 01.08.2014

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Nov

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sanctions

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sanctions 18

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7 March

Russia says it will support Crimea if the

region votes to leave Ukraine.

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Russian market: sanctions & Ukraine

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01.11.2013 01.12.2013 01.01.2014 01.02.2014 01.03.2014 01.04.2014 01.05.2014 01.06.2014 01.07.2014 01.08.2014

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Nov

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Jun

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sanctions 18

sanctions 24

16-18 March

Referendum in Crimea shows 97% of

voters want to join Russia. First round of

EU/US sanctions against several

Russian officials. Crimea becomes

Russian territory.

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Russian market: sanctions & Ukraine

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01.11.2013 01.12.2013 01.01.2014 01.02.2014 01.03.2014 01.04.2014 01.05.2014 01.06.2014 01.07.2014 01.08.2014

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Nov

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Jan

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Jun

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Jul

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sanctions

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sanctions 18

sanctions 24

20 March

The US and EU extend the list of

individuals targeted for sanctions.

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Russian market: sanctions & Ukraine

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01.11.2013 01.12.2013 01.01.2014 01.02.2014 01.03.2014 01.04.2014 01.05.2014 01.06.2014 01.07.2014 01.08.2014

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Nov

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Dec

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sanctions

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sanctions 18

sanctions 24

31 March

Putin orders a partial withdrawal of

Russian troops from the border with

Ukraine.

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Russian market: sanctions & Ukraine

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01.11.2013 01.12.2013 01.01.2014 01.02.2014 01.03.2014 01.04.2014 01.05.2014 01.06.2014 01.07.2014 01.08.2014

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Nov

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Dec

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sanctions

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sanctions 18

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7 April

Protesters occupy government

buildings in the eastern cities of

Donetsk, Luhansk and Kharkiv, calling

for a referendum on independence.

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Russian market: sanctions & Ukraine

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01.11.2013 01.12.2013 01.01.2014 01.02.2014 01.03.2014 01.04.2014 01.05.2014 01.06.2014 01.07.2014 01.08.2014

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Nov

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sanctions

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sanctions 18

sanctions 24

10 April

Russia says that gas supplies going to

Ukraine could be cut off if the country

doesn't pay its debt.

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Russian market: sanctions & Ukraine

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01.11.2013 01.12.2013 01.01.2014 01.02.2014 01.03.2014 01.04.2014 01.05.2014 01.06.2014 01.07.2014 01.08.2014

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Nov

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Dec

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sanctions

12

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sanctions 18

sanctions 24

15-17 April

Ukraine starts an "anti-terrorist

operation" against pro-Russian

opposition which quickly stalls. Russia,

Ukraine, EU and US sign agreement in

Geneva to de-escalate the crisis.

1

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Russian market: sanctions & Ukraine

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01.11.2013 01.12.2013 01.01.2014 01.02.2014 01.03.2014 01.04.2014 01.05.2014 01.06.2014 01.07.2014 01.08.2014

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Nov

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sanctions

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sanctions 24

21-22 April

Ukraine relaunches its military

operation against pro-Russian

opposition in the east. Russian Foreign

Minister accuses Kiev of breaking the

Geneva agreement.

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Russian market: sanctions & Ukraine

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01.11.2013 01.12.2013 01.01.2014 01.02.2014 01.03.2014 01.04.2014 01.05.2014 01.06.2014 01.07.2014 01.08.2014

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Nov

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sanctions

12

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sanctions 24

28 April

Second round of sanctions targets 7

more Russian government officials

and 17 firms that the White House

claims are part of “Putin’s inner

circle”.

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Russian market: sanctions & Ukraine

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01.11.2013 01.12.2013 01.01.2014 01.02.2014 01.03.2014 01.04.2014 01.05.2014 01.06.2014 01.07.2014 01.08.2014

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Nov

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Dec

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sanctions

12

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sanctions 18

sanctions 24

7 May

President Putin calls for referendums in

eastern Ukraine to be postponed to

encourage dialogue and calls the

presidential elections scheduled for 25

May as a move "in the right direction".

1

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Russian market: sanctions & Ukraine

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01.11.2013 01.12.2013 01.01.2014 01.02.2014 01.03.2014 01.04.2014 01.05.2014 01.06.2014 01.07.2014 01.08.2014

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Nov

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sanctions

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sanctions 18

sanctions 24

11 May

Donetsk and Luhansk declare

independence after holding

referendums.

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Russian market: sanctions & Ukraine

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01.11.2013 01.12.2013 01.01.2014 01.02.2014 01.03.2014 01.04.2014 01.05.2014 01.06.2014 01.07.2014 01.08.2014

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Nov

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sanctions

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sanctions 18

sanctions 24

25-27 May

Ukraine holds presidential elections

and votes for Poroshenko. Ukrainian

army launches offensive in the east.

1

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Russian market: sanctions & Ukraine

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01.11.2013 01.12.2013 01.01.2014 01.02.2014 01.03.2014 01.04.2014 01.05.2014 01.06.2014 01.07.2014 01.08.2014

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Nov

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sanctions

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sanctions 18

sanctions 24

16 June

Gazprom says Ukraine has failed to

settle its debts and cuts off all gas

supplies to the country.

1

MICEX

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Russian market: sanctions & Ukraine

24

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01.11.2013 01.12.2013 01.01.2014 01.02.2014 01.03.2014 01.04.2014 01.05.2014 01.06.2014 01.07.2014 01.08.2014

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Nov

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Jun

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Jul

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sanctions

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sanctions 18

sanctions 24

25 June

Russia's parliament cancels resolution

authorizing the use of Russian forces in

Ukraine.

1

MICEX

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Russian market: sanctions & Ukraine

25

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01.11.2013 01.12.2013 01.01.2014 01.02.2014 01.03.2014 01.04.2014 01.05.2014 01.06.2014 01.07.2014 01.08.2014

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Nov

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Dec

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Jan

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Mar

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Apr

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Jun

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Jul

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Aug

2014

sanctions

12

13

14

15

16

17

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20

21

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25

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sanctions 18

16 July

Third round of sanctions target a

number of major Russian companies,

including Rosneft, Novatek,

Gazprombank and VEB.

1

MICEX

sanctions 24

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Russian market: sanctions & Ukraine

26

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01.11.2013 01.12.2013 01.01.2014 01.02.2014 01.03.2014 01.04.2014 01.05.2014 01.06.2014 01.07.2014 01.08.2014

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Nov

2013

Dec

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Jan

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Jun

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Jul

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sanctions

12

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sanctions 18

sanctions 24

17 July

Malaysian Airlines flight MH17 shot

down while flying over eastern

Ukraine.

1

MICEX

25

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Russian market: sanctions & Ukraine

27

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01.11.2013 01.12.2013 01.01.2014 01.02.2014 01.03.2014 01.04.2014 01.05.2014 01.06.2014 01.07.2014 01.08.2014

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Nov

2013

Dec

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Jan

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Feb

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Mar

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Apr

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Jun

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Jul

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sanctions

12

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sanctions 18

sanctions 24

6-7 August

Russia bans food imports from the US,

EU, Norway, Canada, and Australia in

retaliation for the sanctions imposed

by those countries.

1

MICEX

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