Stock market news

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...

Phosagro

Phosagro plans to increase output by 1.4 million tons in 2026, compared to 11.3 million tons expected in 2023. Growth will be driven by the development of phosphoric and sulphuric acid production, with output growth of 7% in 2026 compared to 2023.

Phosagro

PhosAgro's phosphoric acid production for 11 months of 2023 exceeded 3 million tons for the first time ever, up 5.3% year-on-year. Sulphuric acid production increased by almost 3% as a result of measures to increase self-sufficiency in this type of raw material. Output of mineral fertilizers, feed and industrial phosphates increased by 2.2%.

Abrau-Durso

Abrau-Durso will invest about $4 mln in the production of low-alcohol beverages in India. For this purpose, a joint venture with local partners has been created, which will improve the existing production near New Delhi. Main product of the future production will be low-alcohol carbonated beverages in ready-to-drink format both in cans and bottles. In first...

NOVATEK

Novatek established LLC Murmansk LNG. Dmitry Anishchenko, who heads Novatek-Ust-Luga, became CEO. Earlier it was reported that Novatek is studying the possibility of building a new large-capacity LNG project in the Murmansk region, consisting of three liquefaction lines with a capacity of 6.8 million tons each. LNG plant compressors will be powered by the su...

Mobile TeleSystems

MTS will offer users of the streaming service for gamers WASD, which was about to be relaunched, to switch to a new platform Nuum, which combines streaming, horizontal and vertical videos. Company expects that Nuum will be in demand against the background of restrictions on monetization on foreign video services. Full-scale launch of the service and presenta...

Sistema

Steppe Agroholding plans to modernize the Mishkino confectionery factory, which produces halva, in order to enter the markets of China and other Asian countries, sources told Kommersant. Assortment will include halvic candies, nougat, halva under the brand Mishkino with 25 flavors, including wasabi, lemon, green tea and ginger. Production capacity will incre...