Stock market news

VK

Ministry of Digital will announce by the end of the year which Russian company will develop the engine for new domestic computer games, said head of the ministry Maksut Shadaev. Most likely, the development will be done at the expense of the company itself, the minister said. Earlier it was reported that VK requested from Ministry of Digital ₽3 billion to cr...

Lenta

Lenta hypermarket in Tomsk, which was damaged in a fire in December 2021, resumed its work after reconstruction. In the renovated store the online order picking area was expanded, a warm area for storing carts was added and the area for displaying promotional goods was enlarged. Area of the hypermarket is 9,600 sq.m., from which 53,300 sq.m. is the trading a...

MOEX Group (Moscow Exchange)

On Moscow Exchange's futures market from November 29, settlement futures on shares of global exchange-traded funds Tracker Fund of Hong Kong ETF and iShares Core EURO STOXX 50 UCITS ETF EUR will start to be traded. Funds follow leading global equity market indices - Hang Seng of Hong Kong and Euro STOXX 50, respectively. At the same time, options on these co...

Mobile TeleSystems

Moscow Exchange on December 16 will add shares of MTS in the blue chip index and exclude shares of Polymetal.

T-Technologies

Tinkoff Bank launched international transfers for corporate clients in Kazakh tenge, Turkish lira and Hong Kong dollars without limit on the amount. The bank's management noted that over the past few months the volume of export-import operations with Kazakhstan, Turkey and China has increased, customers began to establish relationships with foreign partners.

VEON

VEON has entered into an agreement to sell VimpelCom, which owns the Beeline brand, to the management of the Russian operator led by VimpelCom CEO Alexander Torbakhov. VEON will gain ₽130 billion from the sale of the asset. The deal is expected to be completed no later than June 1, 2023. A representative of Beeline explained that the foreign origin of the pa...

Rosseti Centere

Russian Grids Center's net income under IFRS for 9M 2022 was ₽3.949 billion, down 12.3% from ₽4.501 billion in the previous year. Revenue increased 4.1% to ₽80.8 billion compared to ₽77.596 billion a year earlier.

Rusagro

Rusagro has shipped an entire train of bottled sunflower oil to China for the first time under the brands "Generous Summer", "I Like to Cook", BONISSIMO, and "Summer Krasno". Rusagro's subsidiary in China, Hangzhou Rusagro, promotes sunflower oil to the shelves of leading retail chains and online stores of the top marketplaces. The products will also be ship...

Quadra Power Generation

The shareholders of Quadra decided to delist its shares from the Moscow Exchange and terminate the company's public status. In fact, Kvadra's shares have not been traded since September 14, after Rosatom - the main shareholder of the generating company - forced the company to buy them out.

Sberbank

German Gref expects the growth of Sber mortgage portfolio by the end of 2022 by almost 16%, in 2023 - more than 9%. Previously, the first deputy chairman of the bank Kirill Tsarev reported that at the end of the year as a whole, the bank is expected to reduce the volume of mortgage loans by about 14% year-on-year.