Stock market news

Acron

Acron Group plans to increase urea production by units No. 1-4 at its Veliky Novgorod site from 2,050 to 3,100 tons per day. Investment in the project will amount to ₽80 million. Completion is scheduled for 2025.

LUKOIL

Lukoil Oil Company has started work to revise its strategy for the Lukoil Neftochim Burgas refinery in Bulgaria due to the ban on the use of Russian oil. Various options will be analyzed with the involvement of international consultants, including the sale of the business. Company's investments in the Burgas refinery exceeded $3.4 bln.

Levenhuk

Shareholders of Levenhuk approved dividends for 9 months 2023 in the amount of ₽0.272 per ordinary share. The last day of purchase of securities to receive dividends is December 14, 2023. Dividend yield may amount to 0.77%.

Abrau-Durso

Abrau-Durso expects to increase production at the Sheki Sharab winery in Azerbaijan by 40% to 3.5 million bottles in 2024. To date, investments in the winery have already amounted to more than €7 million. In 2023, the volume of production at the enterprise will amount to 2.5 million bottles. 2 million bottles of various wines have been exported, which amount...

KuibyshevAzot

KuibyshevAzot shareholders approved dividends for 9 months of 2023 in the amount of ₽14 per ordinary and preferred share. Last day to purchase securities to receive dividends is December 11, 2023. Dividend yield on both types of shares is 2.07%.

LSR Group

LSR has acquired from the Moscow authorities 20% of Navis Engineering, which owns an unfinished TV center building and a 1.3 hectare land plot on Shabolovka Street in Moscow. Transaction amounted to ₽1.3 bln. Group is now determining the future use of the land plot on the company's balance sheet.

MOEX Group (Moscow Exchange)

Total trading volume on Moscow Exchange's markets in November 2023 amounted to ₽126.1 trillion, up 68.6% from ₽74.8 trillion a year earlier. Trading volume in the stock market rose 48% to ₽4.684 trillion. In the derivatives and foreign exchange markets, trading volume increased 2.4 times to ₽7.4 trillion and ₽35.1 trillion, respectively. Money market trading...

MOEX Group (Moscow Exchange)

Moscow Exchange supports minority shareholders and believes that the seizure of shares of Solikamsk Magnesium Plant from them contradicts the legislation on organized trading, according to the materials of the court case on the reclamation of shares of the enterprise from minority shareholders by the state. Initially, the seizure affected only the majority s...

Solikamsk magnesium plant

Moscow Exchange supports minority shareholders and believes that the seizure of shares of Solikamsk Magnesium Plant from them contradicts the legislation on organized trading, according to the materials of the court case on the reclamation of shares of the enterprise from minority shareholders by the state. Initially, the seizure affected only the majority s...

Ozon Holdings

Presidential Administration is blocking the transfer of the Russian assets of the Baring Vostok fund to local management. Reason for this could be the 27.7% of the Ozon marketplace owned by Baring Vostok, according to The Bell's sources. Presidential Administration does not want the package to go to the Russian managers of Baring Vostok, as there are more su...