Stock market news

SPB Exchange

SPB Exchange will provide access to trading in securities of 37 new issuers with primary listing on the Hong Kong Stock Exchange, which will be available to unqualified investors. Among the new companies are electric car manufacturer BYD Company and one of the world leaders in telecommunications equipment - ZTE Corporation. A total of 166 securities, includi...

RN-Western Siberia

Moscow Exchange has restricted settlement codes for transactions in RN-Western Siberia shares. In the trading modes Main Trading Mode T+ and Incomplete Lots from November 01, 2023 there are no allowed settlement codes.

Gazprom Neft

Gazprom Neft has announced a tender that should result in technical consulting services to find Chinese partners for hydrogen sales in the Chinese market. Ideally, the contractor should lead Gazprom Neft to sign an agreement of intent to purchase hydrogen with a client in the country, but this condition is not among the guaranteed services.

RUSAL

Rusal, which last week bought a stake in a Chinese alumina refinery, has stepped up plans to build a port terminal in the Far East through which it can receive alumina and ship aluminum. Capacity of the terminal may reach 1.5 million tons per year. According to experts, construction will cost at least ₽12 billion and will take up to three years.

Headhunter

As a result of the processes of buying out Headhunter receipts from non-residents and exchanging them for shares of ICAO Headhunter should become a holding company of HeadHunter Group with a listing on the Moscow Exchange. For this purpose, the company intends to conduct a separate offering of its shares to ADS holders through NSD or SPB Bank.

Advanced Micro Devices

Advanced Micro Devices' GAAP net income for 9 months of 2023 was $0.187 billion, down 7 times from $1.299 billion in the prior year. Revenue declined 8.3% to $16.512 billion versus $18.002 billion a year earlier.

Toyota Motor

Toyota's IFRS net profit for 6 months of fiscal 2024 amounted to JP¥2.648 trillion, up 117% from JP¥1.22 trillion in the previous year. Revenue increased 24.1% to JP¥21.982 trillion from JP¥17.709 trillion a year earlier.

Livent

Livent's GAAP net income for 9 months of 2023 was $292.4 million, up 53.2% from $190.8 million in the prior year. Revenue increased 18% to $700.7 million compared to $593.8 million a year earlier.

First Solar

First Solar's GAAP net income for 9 months of 2023 was $481.54 million, compared to a loss of $36.61 million in the prior year. Revenue increased 34.2% to $2.16 billion versus $1.61 billion a year earlier.

Headhunter

Recently redomiciled to Russia, Headhunter ICAO has published an offer to buy back the ADRs of the holding company HeadHunter Group, which are held outside the Russian infrastructure. Buyout price is set at ₽819.45 per paper including an "exit tax" of 10%. One HeadHunter receipt was worth ₽3745 at the close of trading on Moscow Exchange on Tuesday, October 3...