Stock market news

Softline

Softline opened an office in Indonesia. Office will promote its own products and services, as well as solutions of focus vendors, in which Softline has high expertise and sees the corresponding potential for development.

KuibyshevAzot

Kuibyshevazot bought 32% in Volgafert LLC from Tecnimont, consolidating 100% of the joint venture. This is one of the largest granulated urea production projects with the status of Togliatti TOR resident. Capacity of the enterprise allows to produce 1.5 thousand tons of products per day. Total investment in the project amounted to ₽23.4 billion.

MOEX Group (Moscow Exchange)

Total trading volume on Moscow Exchange markets in November 2024 amounted to ₽124.8 trillion, down 1% from ₽126.1 trillion a year earlier. In the equity market, trading volume rose 50% to ₽3.2 trillion. In the bond market, trading volume declined 15% to ₽2.2 trillion. In the derivatives market, trading volume rose 35% to ₽10 trillion. Trading volume in the m...

MGKL

MGKL Group acquired 26 pawnshops and commission stores in Moscow and the Moscow region. As a result of the transactions, the Group expanded its retail network operating under the Mosgorlombard and Resale Market brands by 24% to 135 branches. Total portfolio of pawnshop and resale collateral loans increased by 11% to ₽1.85 billion, and the combined number of...

Softline

Softline Group of IT companies plans to put three of its subsidiaries on the stock exchange in the coming year, uniting them into a sub-holding, a source in the IT market told TASS. These are Bell Integrator, a systems integrator, Develonica, a development center of expertise, and SL Soft, a developer of business applications. All three companies are focused...

VTB Bank

VTB has developed more than three dozen initiatives for capital optimization in 2025. Bank is ready to stop unsecured retail lending to the level of the minimum possible conveyor load, said the bank's first deputy chairman Dmitry Pyanov. This will result in a negative retail loan portfolio dynamics in 2025 and a loss of market share in these segments, but wi...

Yandex

Yandex Go cab service has started operating in Navoi. This is the 16th city of the service's presence in Uzbekistan.

Yandex

IT company Yandex has acquired the Pruffme technology platform, whose solutions it used to create the Yandex Concept online board service. In the process of joint work on the product, Yandex evaluated the experience of the partner's team and agreed on long-term strategic development within the framework of Yandex 360.

Polyus

Shareholders of Polyus approved dividends for 9 months 2024 in the amount of ₽1301.75 per ordinary share. The last day of purchase of securities to receive dividends is December 12, 2024. Dividend yield may amount to 9.05%.

MMC Norilsk Nickel

Alfa-Bank filed a claim against Nornickel in the Moscow Arbitration Court for $77.3 million. Representative of Nornickel explained that Alfa-Bank filed a claim against Nornickel in the Moscow Arbitration Court in order to protect its legitimate interests in accordance with the anti-sanctions regulations in force in Russia, and the existence of this dispute w...