Stock market news

SPB Exchange

SPB Bank, which serves as the settlement depository of SPB Exchange, will place an additional issue of shares worth ₽10.6bn. The securities will be placed by public subscription from November 15 to 29. The major part of the additional issue will be bought by SPCEX itself, as the company informed in the course of its IPO in November 2021. The equity capital o...

D.R. Horton

D.R. Horton's GAAP net income for fiscal year 2022 was $5.896 billion, up 40.7% from $4.191 billion the prior year. Revenue increased 20.6% to $33.48 billion from $27.77 billion a year earlier.

Mobile TeleSystems

MTS launches FamilyJam and DetectiveJam TV channels, available in HD for users of all services of the group. FamilyJam is focused on family viewing and will feature content for different ages. DetectiveJam is dedicated to high-profile murder investigations as well as crime reconstructions. Taking into account the previously launched KinoJam 1, KinoJam 2, and...

Segezha Group

Segezha Group started selling plywood on Ozon, where more than 118 types of plywood are represented. Partnership with the marketplace will allow Segezha Group to reach an additional audience, as well as acquire a strong logistics partner, the company notes. To buy plywood with delivery to your door, now it only takes a few clicks. Payment can be made either...

Mobile TeleSystems

MTS plans on November 16 to submit an application to the Federal Tax Service to make an entry in the Unified State Register of Legal Entities about the completion of the company's reorganization in the form of a spin-off of LLC Tower Infrastructure Company. Earlier MTS had planned to sell the spun-off assets in the future, but at the moment it sees no suitab...

Taiwan Semiconductor Manufacturing

TSMC plans to build another semiconductor plant next to the Arizona plant that was built in 2020, sources told the Wall Street Journal. New enterprise will produce 3-nanometer chips. Volume of investment will be approximately the same as in the previous plant - $12 billion.

Abrau-Durso

Abrau-Durso's RAS loss for 9 months of 2022 was ₽205.29 million, down 10.7% from ₽229.8 million in the previous year. Revenue rose 23.4% to ₽201.83 million versus ₽163.6 million a year earlier.

MOEX Group (Moscow Exchange)

Moscow Exchange has launched options on 21 Russian stocks. Options are cash settled and of the European type, which means that the contracts are executed on the last day of circulation without the possibility of early expiration. In addition, there is no daily accrual or write-off of variation margin. First use of new instrument will be available to clients...

NOVATEK

Duma Committee on Budget and Taxes has approved amendments to the Tax Code, which will increase the profit tax for exporters of liquefied natural gas from 20% to 34% for the years 2023-2025. The text of the bill clarifies that the tax increase will only affect companies that exported gas before December 31, 2022. It is expected that the State Duma will consi...

Kurgan Generation Company

Kurgan Generation Company's loss under RAS for 9 months of 2022 was ₽33.757 million, against a profit of ₽102.02 million in the previous year. Revenue increased 7.4% to ₽5.243 billion, compared to ₽4.882 billion a year earlier.