Stock market news

MOEX Group (Moscow Exchange)

Moscow Exchange added 14 new securities to the lineup of OTC share market instruments. Total number of shares reached 97.

MOEX Group (Moscow Exchange)

Moscow Exchange wants to buy its own brokerage company, Kommersant sources said. Due to legal restrictions, the exchange cannot obtain a brokerage license for itself, but it is not prohibited to own such a company. Such a purchase will increase the overall margin of the business, but the consequence may be a conflict with brokers.

Sovcomflot

Sovcomflot's IFRS net profit for 6 months of 2024 amounted to ₽29.3 billion, down 22.4% from ₽37.74 billion in the previous year. Revenue declined 0.9% to ₽92.43 billion against ₽93.25 billion a year earlier.

Headhunter

Shares of ICAO Headhunter will start trading on the Moscow Exchange on September 25 under the ticker HEAD.

Cherkizovo Group

Cherkizovo's IFRS net profit for 6 months of 2024 amounted to ₽16.08 billion, down 3.4% from ₽16.65 billion in the previous year. Revenue rose 20.4% to ₽123.81 billion against ₽102.81 billion a year earlier.

Rosgosstrakh

Rosgosstrakh's IFRS net profit for 6 months of 2024 amounted to ₽4.21 billion, doubling from ₽2.21 billion in the previous year. Earned insurance premiums rose 22.8% to ₽44.04 billion versus ₽35.87 billion a year earlier.

Seligdar

Rosgeologiya and Seligdar plan to start geological exploration at a new joint project at the Dzhekondinskaya area gold ore deposit in Yakutia in 2025. Implementation of the project will increase the resource base of Seligdar's two existing deposits Podgolechnoye and Yasnaya Polyana.

Renaissance Insurance

Renaissance Insurance Group has agreed with VSK to transfer VSK Life Line's accumulation and investment insurance portfolio of approximately ₽12 billion to Renaissance Life. Closing of the transaction is expected after regulatory approval by the end of 2024. In addition, the company plans to close another deal in Q3 to buy Raiffeisen Life with a portfolio of...

SFI

SFI redeemed treasury shares, which represented 55% of the capital. Now the holding's authorized capital consists of 50,237,005 shares.

Sovcombank

Sovcombank has postponed the additional share issue for the acquisition of Home Bank from 2024 to the first quarter of 2025. Change of the deadline was caused by the extension of the restriction on alienation of the bank's shares for the former owners of Home Bank for six months from the date of receipt of the new shares.