Stock market news

SPB Exchange

SPB Exchange is ready to launch trading in cryptocurrency, including Bitcoin, as soon as it is legalized in Russia, said the head of the trading floor Roman Goryunov. "It is better to let 10 million investors trade in the Russian infrastructure than through a foreign company that provides "training services" on the Russian market," the top manager said.

Magnit

Retailer Magnit will install more than 10,000 self-service checkouts in stores of all formats, primarily in large cities and in locations with seasonal tourist traffic. Most of all self-service cash desks will appear in Magnit stores at home and soft discounters My Price. There will be installed about 7.5 thousand devices. Currently, in stores Magnit works a...

MOEX Group (Moscow Exchange)

Moscow Exchange has formulated the basic principles of a BRICS depository and sent them to the Ministry of Finance and VEB. Moscow Exchange believes that such a depository should be built using distributed registry technologies. Such a depository should not exist as a separate legal entity - "it will be a blockchain with nodes in the central depositories of...

Sberbank

Sberbank plans to open an online trading platform for the turnover of green energy certificates in December 2023. According to Sberbank's preliminary estimates, the annual volume of the green certificates market in Russia by 2030-2035 may reach about ₽11.5 billion. Sberbank is also interested in a new investment tool for the waste recycling industry - green...

NOVATEK

Novatek's hydrocarbon production in 9 months of 2023 amounted to 476.8 mln boe, up 1% from 472.2 mln boe a year earlier. Natural gas production amounted to 60.99 billion cubic meters, up 0.3%. Liquid hydrocarbons production rose 3.8% to 9.09 million tons. Gas sales amounted to 57.51 billion cubic meters, up 5.7% from 54.42 billion cubic meters a year earlier...

MOEX Group (Moscow Exchange)

Moscow Exchange will study the possibility of switching to the T0 trading mode in the next five years, said Sergey Shvetsov, head of the trading floor's supervisory board, during the NAUFOR conference Russian Stock Market. Exchange initially worked in the T0 mode, but in 2013 it switched to the globally accepted trading model with partial deposit of funds an...

Zynerba Pharmaceuticals

Harmony Biosciences has completed its acquisition of Zynerba Pharmaceuticals for $60 million, or $1.1059 per share. Zynerba shareholders were also entitled to an additional payment of up to $140 million, or $2.5444 per share, if certain conditions are met.

NOVATEK

Novatek will sell the gas pipeline to Murmansk to Gazprom in installments after its completion and will pay the monopoly for pumping gas for Murmansk LNG, sources told Kommersant. Cost of construction of the gas pipeline with compression stations may amount to about ₽800 billion, guess consultant at Implementsa Evgeniya Popova.

LUKOIL

Lukoil Oil Company and the Iraqi Ministry of Energy discussed in Moscow the development of the West Qurna-2 field by the Russian company. Country's authorities expect production growth from the current 500,000 to 800,000 bpd within three years, the country's Oil Minister Haiyan Abdel Ghani told reporters. Parties also made a number of minor changes to the co...

Caterpillar

The Caterpillar Board of Directors announced a quarterly dividend of $1.3 per share. The last day to buy securities to receive the dividend is October 19, 2023. The annual dividend yield may reach 1.97%.