Citi
June 22, 2026
The Point for Ceemea
Weekly UpdateEquitiesMacro Economic IndicatorsFinancialsMaterials
This weekly update covers market moves in the CEEMEA region, highlighting equity rating changes for companies like Pepco Group and banking updates in Saudi Arabia. It also features sector-specific insights on mining, AI, and robotics.
Key Takeaways
- 1.Pepco Group NV upgraded to Buy with a raised target price of ZL 40, reflecting a positive turnaround and enhanced shareholder returns.
- 2.Large-cap miners in the sector continue to lead in total shareholder returns, outperforming the broader market by approximately 14 percentage points year-to-date.
Table of Contents
- Top Call
- MENA
- Must Read
- South Africa
- Emerging Europe
- Sector
- Artificial Intelligence - Citi's Inference Ahead - Open v. Closed
- Global Robot Vacuum - Near-term EU robot mower tariff risk deferred and strong 618 performance favor Ecovacs
- Strategy & Economics
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Authors
Rafal WiatrRahul Bajaj
Securities
PCOP.WA1010.SE
Themes
AI Open-Source AdoptionMining Sector TSR Outperformance
Regions
Middle EastEuropeSaudi ArabiaSouth AfricaTurkey