Stock market news

Polyus

Polyus plans to launch the first line of the gold extraction plant at the Sukhoi Log deposit in 2028 and the second line in 2029. Capacity of the plant will be 34 million tons of ore, producing 2.3-2.8 million ounces of gold per year, which will make it the most powerful plant in Russia. Recovery rate is planned at 91% above the group average of 83% in 2023....

INGRAD

Sminex Group is negotiating the sale of part of the projects of Ingrad, which it bought out in October this year, sources told Vedomosti. Mainly the sites for the construction of residential complexes of comfort class are offered for sale. According to the interlocutors of the edition, about eight sites for 2.7 million square meters may be sold. Experts coul...

Cherkizovo Group

Cherkizovo Group has acquired a poultry farming complex in the Tyumen Region from Ruscom Group. Deal will increase annual chicken production by 60,000 tons of live weight. During the approval of the deal, FAS ordered the company to put on the stock exchange at least 10% of the total volume of its products sold on the domestic market within four years. Those...

Renaissance Insurance

Shareholders of Renaissance Insurance approved dividends for 9 months 2024 in the amount of ₽3.6 per ordinary share. The last day of purchase of securities to receive dividends is December 19, 2024. Dividend yield may amount to 3.71%.

Sberbank

Sberbank's RAS net profit for 11 months of 2024 amounted to ₽1.45 trillion, up 4.9% year-on-year. Net interest income increased by 12.7% to ₽2.38 trillion. Commission income increased by 6.1% to ₽0.674 trillion.

Diasoft

Diasoft retains plans to hold an SPO if the economic situation improves, the company's CEO Alexander Glazkov said during a meeting with investors. Previously, the company planned to hold an SPO in the fall of 2025 to attract the money needed to solve new tasks, but in the current situation SPO is impossible. Later, when the market will be more attractive, su...

Far-Eastern Shipping Company

Fesco Transportation Group has launched the FESCO China Direct Line-5 container line, which will directly connect Shanghai and Vladivostok Commercial Sea Port. Transit travel time will be three days, and the frequency of shipments will be once a week. Line will be served by two container ships from Fesco's fleet with a total capacity of about 3,200 TEU. With...

Severstal

Shareholders of Severstal approved dividends for 9 months 2024 in the amount of ₽49.06 per ordinary share. The last day of purchase of securities to receive dividends is December 16, 2024. Dividend yield may amount to 4.44%.

MOEX Group (Moscow Exchange)

Moscow Exchange has launched a new service - IPO calendar. This is an information resource where the exchange will post information about upcoming and past deals. This section of the site will contain information on the type of placement, the size of the transaction, the price of placement, market capitalization, stabilization mechanism and so on. Trading pl...

VK

VK is considering an initial public offering of shares in its technology vertical VK Tech. Decision will be made taking into account market conditions. A TASS source in the IT industry estimated VK Tech's business at no less than ₽60 billion.