Stock market news

Whoosh

Whoosh users for 9 months of 2023 made 89.6 million trips, an increase of 92% relative to the same period in 2022. Audience of Whoosh increased by 73% to 19.6 million users. Number of trips per active user increased 43% relative to 2022 to 13.7. Number of locations of presence increased by 33% to 53 cities.

Federal Grid Company - Rosseti

Head of Rosseti Andrey Ryumin sent a letter to Russian President Vladimir Putin with proposals to reduce the company's revenue shortfalls by prohibiting consumers from disconnecting from the grid and switching to their own generation without compensation. President supported the proposals of the head of the electric grid holding company and instructed Deputy...

Far-Eastern Shipping Company

Fesco Transportation Group increased its container fleet to 170,000 TEU, renewing the group's absolute record. In order to implement its development strategy, Fesco has already purchased more than 20 thousand new 40-foot containers and more than 6 thousand 20-foot containers this year. At the end of 2022, the company had about 130 thousand TEUs under managem...

Sollers

Member of the Sollers Group, Sollers Transmission Production LLC has received approval from the Industrial Development Fund for a ₽564 million soft loan for localization of a six-speed manual transmission. Production of the gearbox is due to start in the first half of 2024 at the industrial site of the Zavolzhsky Motor Plant.

LUKOIL

Government of Ghana has approved the Pecan field development project at the Deepwater Tano Cape Three Points block, in which Lukoil will take part. Earlier, Ivan Romanovsky, Lukoil's vice president for the Americas, Africa and the Middle East, said that if approved by the Ghanaian government, the company could make a final investment decision on the project...

MOEX Group (Moscow Exchange)

Moscow Exchange is working on the possibility of issuing digital financial assets for works of art. According to research, large institutional investors are willing to invest up to 2-5% of their portfolios in art objects.

Etalon Group

Etalon has separated its depositary receipt programs issued under Reg S with ISIN US29760G1031 and under Rule 144A with ISIN US29760G2021. Receipt program operator The Bank of New York Mellon will place the Reg S program under the management of a new depository bank, RCS Issuer Services S.AR.L., on November 6, 2023. Depository Rule 144A program will be termi...

Sberbank

Ministry of Finance has budgeted ₽375 billion in dividends from Sberbank in 2024. Taking into account the size of the state stake, the government can receive such payments with total dividends of ₽750 billion, or about ₽33 per share. In 2022, the bank paid ₽565 billion in dividends, or ₽25 per common and preferred share.

Rosneft Oil Company

Rosneft started development of the Preobrazhensky horizon at the Verkhnechonskoye oil and gas condensate field in the Irkutsk Region. Drilling and reconstruction of more than 200 wells increased production potential by 4 mln tons of oil. Preobrazhensky horizon is located at a depth of 1,600 meters. Initial recoverable oil reserves are more than 28 million to...

Tesla

Sales of Tesla electric cars in Q3 2023 amounted to 435.06 thousand units, up 26.5% from 343.83 thousand a year earlier. Sales of Model S/X decreased by 14.4% to 15.985 thousand, Model 3/Y increased by 28.9% to 419.07 thousand. In the third quarter, the company produced 430.49 thousand electric vehicles, up 17.6% from 365.92 thousand a year earlier.