Stock market news

SPB Exchange

SPB Exchange has agreed on an asset unblocking strategy. In the near future, depository of exchange SPB Bank will apply to OFAC with a proposal of asset unlocking mechanisms and in the future will independently inform market participants about the progress of interaction with OFAC on the website unlockingassets.rf and in the tg-channel @assetunlocking.

Abrau-Durso

Russian wine house Abrau-Durso has agreed to produce chocolates at the facilities of the Magnit chain. In the line will be several positions with different flavors. Price of sweets during the holidays - ₽199 for a package of 160 g. Candies will be sold only in stores Magnit and in boutiques Abrau-Durso. Launch of the product may support the company's wine sa...

Magnit

Retailer Magnit and Abrau-Durso agreed on the production of chocolates at the facilities of Magnit. In the line will be several positions with different flavors. Price candy during the holidays - ₽199 for a package of 160 g. Candy will be sold only in stores Magnit and in boutiques Abrau-Durso. Retailer plans to continue launching joint projects with well-kn...

MMC Norilsk Nickel

MMC Norilsk Nickel joined RNK-Holding, the management company of Russian Stainless Company, which is implementing a project to produce flat-rolled stainless steel products with a capacity of 500,000 tons per year. Participation in the project will allow Nornickel to significantly increase nickel sales on the domestic market, as well as to integrate into the...

UGC

Board of Directors of Yuzhuralzolot approved a plan to increase market capitalization. Key elements of the plan include ensuring growth in gold production through the Siberian group of deposits, active work with the investment community and a stable dividend policy. Company also intends to get into several indices, which will allow attracting funds from inst...

Alrosa

European Union approved the 12th package of sanctions, which contains a ban on imports of diamonds mined, processed or produced in Russia from January 1, 2024. This ban applies to diamonds from Russia, diamonds exported from Russia, diamonds transported in transit through Russia and Russian diamonds processed in third countries. G7 countries also plan to sta...

Gazprom Neft

Shareholders of Gazprom Neft approved dividends for 9 months 2023 in the amount of ₽82.94 per ordinary share. The last day of purchase of securities to receive dividends is December 26, 2023. Dividend yield may amount to 9.51%.

Kazanorgsintez

Kazanorgsintez sold a polyethylene pipe production plant to Remgazkommunikatsiya trade and production company. Capacity of the plant is 29.6 thousand tons of pipes per year. Amount of the transaction is not named.

Sovcomflot

About half of Sovcomflot's fleet in the segment of conventional tanker transportation of oil and oil products in 2023 switched to long-term contracts, said the company's CFO Alexander Verbo. Average term of contracts is 8 years. Top manager also noted a high level of contracting in the industrial segment of the company's business, which allows the company to...

IMCB

Shareholders of MICEX agreed with the proposal of the Board of directors to conduct share split with the ratio of 1 to 10. Split will take place on the 8th working day from the date of registration by the Bank of Russia of changes in the decision on issue of common shares.