Stock market news

NOVATEK

Novatek's Large-Capacity Offshore Construction Center started construction of the third natural gas liquefaction line for the Arctic LNG 2 plant. First line of the plant was delivered to the installation site on the Gydan Peninsula in Yamal in the summer of this year. Now commissioning works are underway there, and in the first quarter of 2024 the line will...

Whoosh

Board of Directors of Whoosh recommended that dividends be paid for 9 months 2023 in the amount of ₽10.25 per ordinary share. The last day of the purchase of securities to receive dividends is December 1, 2023. Dividend yield may amount to 4.56%.

EvroTrans

Board of Directors of EvroTrans recommended that dividends be paid for 9 months 2023 in the amount of ₽8.88 per ordinary share. The last day of the purchase of securities to receive dividends is December 7, 2023. Assumed, investors participating in the company's IPO will also receive shares by December 7, 2023 and will be eligible to receive dividends.

PIK-specialized developer

PIK Group of Companies has started consolidation of plots in the north-west of Moscow, where 1.35 mln. sq. m. of real estate can be built within the framework of complex development of the territory. Analysts note the accumulated demand for housing in this territory, but warn about the risks of delaying the project due to disputes with the owners who do not...

Pharmacy Chain 36.6

Pharmacy chain 36.6 acquired pharmacy chain Lecopttorg & Rodnik Zdorovliya in St. Petersburg and the Leningrad Region. Perimeter of the transaction included 170 pharmacies and warehouses. Conditions of the parties do not disclose, but experts estimate the amount of the transaction in the range of ₽7 billion. This is considered the largest transaction in the...

RUSAL

Rusal is considering scenarios of closing a number of unprofitable plants amid low aluminum prices and financial losses from the introduction of the exchange rate export duty, a source close to one of Rusal's creditors told Interfax. In company does not comment on the possibility of closing a number of its plants. Experts believe that the most vulnerable in...

NOVATEK

State Duma passed in the first reading a bill allowing Novatek's subsidiaries to export liquefied natural gas without being tied to specific fields. In addition, the bill will allow Novatek to export LNG directly from the operating Cryogas-Vysotsk project. Currently, Kriogaz-Vysotsk exports LNG under an agency agreement with Gazprom Export.

Rostelecom

Rostelecom's Board of Directors has recommended a dividend of ₽5.4465 per ordinary and preferred share for 2022. Last day to purchase securities for dividends is November 30, 2023. Dividend yield on common stock could be 7.17% and on preferred stock could be 8.07%.

Renaissance Insurance

Renaissance Insurance's RAS net profit for 9 months of 2023 amounted to ₽8.336 billion, compared to a loss of ₽3.925 billion in the previous year. Earned insurance premiums rose 11.9% to ₽41.663 billion against ₽37.235 billion a year earlier.

Rosneft Oil Company

State Duma passed in the second reading a bill amending the law "On Gas Exports", according to which the right to export LNG may be granted to subsoil areas on land north of 67 degrees north latitude. The bill would grant export rights to 36 Rosneft fields in Krasnoyarsk Krai, Nenets and Yamalo-Nenets Autonomous Okrugs. Third reading is scheduled for October...