Stock market news

Rostelecom

Operator Rostelecom closed a deal on acquisition of a data processing center in Medvedkovo with 4,000 racks from developer Rental PRO. Operation will start in the near future. Cost of the deal is not disclosed by the company. Analysts estimate the data center at ₽19 billion.

Tatneft

Tatneft's Board of Directors recommended to pay dividends for 6 months of 2024 in the amount of ₽38.2 per ordinary and preferred share. Last day to purchase securities for dividends is October 7, 2024. Dividend yield on common shares may be 6.25, preferred shares - 6.32%.

Seligdar

Seligdar Holding put into operation a new concentrator CK-200 at the Sininda production complex in Buryatia. These equipment is currently undergoing industrial tests, which will last until the end of this year. Additionally, a 150 cubic meter pre-leaching vat and a rotary crusher were installed at the enterprise. As a result of these works, the production ca...

Inter RAO

Inter RAO's IFRS net profit for 6 months of 2024 amounted to ₽79.54 billion, up 17.3% from ₽67.82 billion in the previous year. Revenue rose 10.7% to ₽727.99 billion against ₽657.41 billion a year earlier.

Credit Bank of Moscow

ICB's IFRS net profit for 6 months of 2024 amounted to ₽19.47 billion, down 36% from ₽30.41 billion in the previous year. Net interest income rose 15.7% to ₽59.39 billion against ₽51.35 billion a year earlier.

Softline

Softline published an invitation to make exchange offers to acquire shares. Participants of the first stage of Noventiq receipts exchange had an opportunity to purchase Softline shares in the amount equal to the number of shares of the company held by them as of September 23, 2024, but not more than they received in the first stage of the exchange.

Rostelecom

Rostelecom's IFRS net profit for 6 months of 2024 amounted to ₽26.08 billion, down 3% from ₽26.89 billion in the previous year. Revenue increased 8.8% to ₽353.06 billion compared to ₽324.54 billion a year earlier.

Polyus

Gold miner Polyus passed the verification of the results of the first stage of the climate project at the Olympiada and Blagodatnoye deposits. Company partially replaced coal- and oil-fueled generation with less carbon-intensive grid power supply and registered 2.16 million carbon units in the Russian Contour registry. In 2028, the second phase will result i...

Abrau-Durso

Abrau-Durso's RAS net profit for 6 months of 2024 amounted to ₽923.49 million, up 2.5 times from ₽383.09 million in the previous year. Revenue rose 26.9% to ₽163.49 million against ₽128.81 million a year earlier.

MOEX Group (Moscow Exchange)

Non-residents bought ₽8.1 billion worth of foreign securities as part of an asset swap with Russian private investors. Foreigners bought out only 23% of the offered volume, as new sanctions were imposed by foreign regulators during the bid collection period and buyers need additional time to study the procedure and assess risks. Organizer of trades considers...