Stock market news

LUKOIL

Lukoil plans to sell its Burgas refinery to a consortium of Oryx Global and DL Hudson by the end of the year, sources told the Financial Times. Both companies declined to comment.

Novorossiysk Bakery Products Plant

Board of Directors of Novorossiysk Bakery Products Plant recommended that dividends be paid for 9 months 2024 in the amount of ₽17.12 per ordinary share. The last day of the purchase of securities to receive dividends is December 13, 2024. Dividend yield may amount to 2.47%.

MOSTOTREST

Mostotrest's RAS net profit for 9 months of 2024 amounted to ₽0.3 billion vs. a ₽1.6 billion profit in the previous year. Revenue increased by 18.2% to ₽2.6 billion vs. ₽2.2 billion a year earlier.

UGC

Yuzhuralzoloto's RAS loss for 9 months of 2024 amounted to ₽3.3 billion, down 3.2 times from ₽10.7 billion in the previous year. Revenue fell 18.9% to ₽20.2 billion against ₽24.9 billion a year earlier.

MGKL

Mosgorlombard's revenue for 10 months of 2024 amounted to ₽6.5 billion, up 4.6 times year-on-year. Portfolio of collateral loans in the pawnshop line of business and merchandise balances in resale increased 1.9 times, to ₽1.7 billion. Number of retail customers exceeded 184 thousand. Share of goods held in the portfolio for more than 90 days decreased from 3...

Softline

Softline's RAS net profit for 9 months of 2024 amounted to ₽89.7 million, up 2.6 times from ₽34.5 million in the previous year. Revenue fell 4.7% to ₽20.3 billion against ₽21.3 billion a year earlier.

VK

VK is in talks with ten major automakers present in Russia to pre-install its media services, such as VK Video, in the multimedia systems of foreign cars. Company hopes that by the end of next year its services will be installed in every tenth Chinese car sold through official channels in Russia.

MOEX Group (Moscow Exchange)

Total trading volume on Moscow Exchange markets totaled ₽140.1 trillion in October 2024, up 3.4% from ₽135.5 trillion a year earlier. In the equity market, trading volume rose 27.3% to ₽2.8 trillion. In the bond market, trading volume declined 30.8% to ₽1.8 trillion. In the derivatives market, trading volume rose 5.7% to ₽9.3 trillion. Trading volume in the...

RBC

RBC's RAS loss for 9 months of 2024 amounted to ₽668.73 million, up 4.1 times from ₽162.06 million in the previous year.

Rosbank

Shareholders of T-Bank and Rosbank approved the merger of Rosbank into T-Bank as a branch in the first quarter of 2025. Rosbank shares will be exchanged for T-Bank securities at the rate of 1 T-Bank share for 5.88 Rosbank shares. Rosbank shares can also be sold to T-Bank at ₽129.4 per share.