Stock market news

LSR Group

LSR will build a premium eight-storey hotel with an area of 14.9 thousand m2 and a business center with a height of 9 floors on Krasnoye Kursant Street in St. Petersburg. This will be the first classical hotel project in the developer's portfolio. Group purchased the 7,788 m2 plot of land at 19 Krasnogo Kursanta Street in 2020 for ₽720 mln. Investment in the...

Alrosa

European Commission clarified the restrictions against Russian diamonds. Import bans now do not apply to stones exported outside Russia before the restrictions were imposed. Temporary import or export of jewelry for trade shows or repairs is also permitted.

X5 Retail Group

X5 Retail Group plans to update its dividend policy in early 2025. Company may potentially change one of the target values on which the current dividend policy is based - net debt to EBITDA ratio. Current dividend policy of X5 Retail Group stipulates a threshold value of net debt to EBITDA below 2x. Given the current key rate, this threshold is likely to be...

Sovcombank

Sovcombank is creating its non-state pension fund to participate in the long-term savings program. It may take more than a year for the fund to become fully operational - the active stage is likely to take place in the second half of 2025.

UK Arsagera

Arsagera Management Company has launched in test mode the Distributed Analytics Platform project aimed at forming an investment community united by the idea of sharing knowledge, experience, and practical skills in fundamental analysis of publicly traded Russian companies. Those wishing to participate in the project can leave their contact details in a speci...

MOEX Group (Moscow Exchange)

National Clearing Center until June 28 will convert client dollars and euros, available after partial blocking of currency collateral, into rubles at the exchange rate as of June 13, 2024. What volume of funds was blocked, the trading floor does not specify.

UGC

Yuzhuralzoloto plans to launch the second gold production line at Vysokoye mine in July. Launch of the new line will double the mine's capacity to process at least 4.5 million tons of ore per year. First gold smelting of the second line is expected in August-September, and from 2025 the company will be able to produce about 4 tons of gold annually on both li...

Whoosh

Number of rides on Whoosh scooters and bikes from January 1 to June 20, 2024 was about 55.3 million, up 55% year-over-year. Service audience grew 57% to 23.9 million users. Number of trips per active user increased by 32% to 12.8.

Sberbank

Sberbank shareholders approved dividends for 2023 in the amount of ₽33.3 per ordinary and preferred share, the head of the credit organization Herman Gref told reporters. The last day to buy securities to receive dividends is July 10, 2024. Dividend yield of ordinary shares may reach 10.65%, preferred shares - 10.63%.

Yandex

Yandex Go service has launched an opportunity to rent Velobike electric bicycles in Moscow. You can ride an electric bicycle in almost all Moscow districts, including those outside the Moscow Ring Road, and you can start it in two ways: scan the QR or find an electric bicycle on the map in the Yandex Go app.