Stock market news

KAMAZ

Automobile Concern Kamaz has developed and launched a new digital product - Chelnok hybrid public transport and cab service, which allows passengers to order and pay for rides through an app, and to get from the ordering point to the drop-off point without transferring. Service has proven itself in Moscow. Now idea will be implemented in Naberezhnye Chelny.

Positive Technologies Group

Positive Technologies plans for expansion in foreign countries, including Southeast Asia, South America and Arab countries, said advisor to company's CEO Artem Sychev. He also recalled that Positive Technologies already has a representative office in Kazakhstan. In other countries, company is negotiating, in some countries, projects have already been impleme...

MOEX Group (Moscow Exchange)

Moscow Exchange resumed trading on the foreign exchange and precious metals markets. Reason for suspension, trading platform said an error in the configuration of trading system of foreign exchange market. It is not specified exactly what kind of error it is.

VK

Government has obliged public authorities to maintain official pages in social networks VKontakte and Odnoklassniki. Since December 1, government agencies are required to publish there reports on events, comments on topical issues, relevant contact information.

MOEX Group (Moscow Exchange)

Moscow Exchange has temporarily suspended trading on the foreign exchange and precious metals markets. The site has not yet given the reasons.

Lenta

Retailer Lenta began selling non-food products of own brands and direct imports on Wildberries. At the initial stage, the assortment will consist of about 300 items. Wildberries employees will collect and deliver orders, and the delivery time will not exceed two days. In the future it is planned to expand the assortment to 3,000 items.

MD Medical Group Investments

Mother & Child's IFRS net income for 6 months of 2022 was ₽1.106 billion, down 2.4 times from ₽2.688 billion in the previous year. Revenue increased 1.2% to ₽12.159 billion compared to ₽12.01 billion a year earlier.

PIK-specialized developer

PIK started the construction of the Northern Residential District in Blagoveshchensk under the Far Eastern Quarter program; the design and site preparation are in progress. Project envisages construction of 500 thous. sq. m of housing plus public utilities and social infrastructure. Authorities are planning to involve PIK in construction of two more neighbor...

Burcon NutraScience

Burcon NutraScience's board of directors has finally concluded that it is inadvisable to spend resources to restore compliance with Nasdaq listing requirements. The company has notified the exchange of the delisting of the stock. The securities will cease trading on or about September 12.

Gazprom

Gazprom announced a complete shutdown of Nord Stream due to an equipment breakdown. Company said it discovered problems with its latest turbine during preventive maintenance work, which was due to be completed on September 3. Now the pipeline to Europe is stopped indefinitely.