Stock market news

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...

Solikamsk magnesium plant

Representatives of the Prosecutor's Office of the Perm Region at the hearing on the case of reclaiming shares of Solikamsk Magnesium Plant from minority shareholders stated that bona fide purchasers of shares at organized auctions are entitled to compensation at the weighted average value. Procedure of reimbursement in respect of those who became shareholder...

Gazprom

China has completed construction of the last section of the Power of Siberia gas pipeline, a 167-kilometer line from Nantong to Luzhi in the eastern province of Jiangsui. Completion will allow the project to reach its full capacity of 38 bcm/year in 2025, which is about 9% of China's consumption this year.

Sebcement

Shareholders of Sebcement approved dividends for 9 months 2024 in the amount of ₽1820 per ordinary share. The last day of purchase of securities to receive dividends is December 9, 2024.

Lenta

Lenta acquires Russia's second largest chain of drogery stores, Smile of the Rainbow. Chain has 1,535 stores with a total selling space of 204,000 sq. m. and three distribution centers. Retail revenue of Smile of the Rainbow for 9 months of 2024 amounted to ₽29.6 billion, an increase of 17.4% year-on-year. Lenta did not disclose the amount of the transaction...

MGKL

Mosgorlombard's revenue for 11 months of 2024 amounted to ₽7.4 billion, up 4.5 times year-on-year. Portfolio of collateralized loans in the pawnshop line of business and merchandise balances in resale increased by 70% to ₽1.5 billion. Number of retail customers increased by 11% to over 207,000. Share of goods held in the portfolio for more than 90 days decre...