Stock market news

Gazprom

Gazprom Holding will generate more than ₽4 trillion in 2023 from gas sales and ₽3.4 trillion from other activities. Year-end EBITDA is expected to be ₽2.2 trillion and net debt to EBITDA ratio is expected to be around 2.3x. In 2024, Gazprom's total debt will not change significantly from 2023. In addition, the holding plans to have a reserve fund of 180 bln...

Gazprom

Gazprom's Board of Directors approved an investment program for 2024 in the amount of 1.574 trillion rubles. Thus, in 2024, the holding's capex will decrease by 20% compared to 2023.

IMCB

Moscow Exchange has set restrictions of settlement codes on IMCB shares. Trades in the securities will be suspended from January 24 to January 26, 2024 inclusive due to share split.

Nebius Group

IT company Yandex and Sechenov University have launched a cloud-based medical data platform in Russia, with the help of which specialists can quickly find medical reports, test results, CT scans, X-rays and other information. It already has 18 million medical documents uploaded to it. Platform will help scientists to develop new drugs and treatment methods,...

RUSAL

Rusal started preparatory works within the framework of the Krasnoyarsk Aluminum Smelter environmental redevelopment project. A single electrolysis series with self-burning anodes consisting of two buildings will be built in place of the plant's existing buildings with EcoSoderberg production technology Nos. 13-16. It is planned to produce the first metal at...

Mosgorlombard

Mosgorlombard is considering an offering at the lower end of its price range at ₽3.1 per share. Earlier, the company extended the period for collecting applications for participation in the IPO until December 21.

Novolipetsk Iron and Steel Works

European Union plans to extend the validity of import quotas for Russian slab supplies, according to the European Council. We are talking about an extension for three to four years with a gradual reduction of annual volumes to zero by 2028. Current quota of 3.7 million tons ends at the end of 2024. NLMK is the main supplier to Europe: the holding supplies sl...

Gazprom

European Union has extended the permission to supply oil from the Sakhalin-2 project without observing the price ceiling mechanism until June 28, 2024 to meet Japan's energy security needs. European Union initially exempted oil supplies from Sakhalin-2 from the eighth package of sanctions. At first, the exemption was valid until June 5, 2023, then it was ext...

SPB Exchange

SPB Exchange and its depository SPB Bank are in talks with Hong Kong companies, unlocking non-US equities could happen faster, according to a presentation on SPB Bank's asset unlocking strategy published on its dedicated website unlockingassets.rf.

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.