Stock market news

MOEX Group (Moscow Exchange)

From October 1, the Moscow Exchange will launch trading in perpetual contracts for the securities of Sberbank and Gazprom. These will be one-day contracts with auto-renewal. Such futures on shares of domestic companies will appear on the Russian stock exchange market for the first time. Perpetual stock contracts will open up a new segment of the derivatives...

Polyus

Polyus received the first gold from Sukhoi Log ore at the nearby Verninskaya Mill. At Sukhoi Log, the company is building infrastructure and wants to start construction of the mill in 2025. Project is currently at the re-engineering stage and the company plans to provide an update in Q4 2024.

Novorossiysk Bakery Products Plant

Shareholders of Novorossiysk Bread Products Combine approved dividends from retained earnings of previous years in the amount of ₽8.24 per ordinary share. The last day to purchase securities to receive the dividend is October 4, 2024. The dividend yield could be as high as 0.98%.

Novorossiysk Bakery Products Plant

Shareholders of Novorossiysk Bakery Products Plant approved dividends for 6 months 2024 in the amount of ₽22.19 per ordinary share. The last day of purchase of securities to receive dividends is October 4, 2024. Dividend yield may amount to 2.65%.

Mobile TeleSystems

MTS will build 5 data centers within three years at a total cost of ₽20 billion. Currently, the company has 15 data centers with 4600 racks. After the new centers are built, the number of racks will increase to 7100-7600.

Mosgorlombard

Resale Market network opened its second regional branch in Kazan. Currently there are four branches in Moscow, and the first regional branch was opened in Nizhny Novgorod in July 2024. Company plans to expand the network to 30 regions, subject to successful implementation of pilot projects in Nizhny Novgorod and Kazan.

Headhunter

Headhunter has approved a program to repurchase its shares for up to ₽10 billion over 12 months. Company also announced plans to pay a special dividend of ₽32-35 billion, or ₽640-700 per share.

MMC Norilsk Nickel

London Metal Exchange allowed nickel deliveries from Nornickel's plant in Finland. Earlier, the exchange reported that it would suspend metal deliveries from October 3.

Cian

Cian Technology has completed registration in the special administrative district on Oktyabrsky Island, Kaliningrad Region. Now the company is preparing to obtain public status and make an offer to Cian minority shareholders to exchange receipts.

NOVATEK

Novatek has launched the third condensate fractionation unit with a design processing capacity of 3 million tons per year at its complex in the Baltic port of Ust-Luga, sources told Reuters. After the launch of the new stage, the processing volume increased from 19.7 to 28.4 tons per day tons per day.