Stock market news

RUSAL

Design work on Rusal's alumina refinery in the Lomonosov district of the Leningrad region will begin in late 2024 or early 2025. At present, survey work is continuing, in particular, the process of land survey for the port terminal and road infrastructure is underway. Investments in the project are estimated at ₽400 billion. However, by the start of its impl...

X5 Retail Group

Pyatyorochka chain has launched a pilot project for the delivery of orders from three of its franchise stores in Moscow, the Moscow and Vladimir regions. After the pilot, the retailer plans to scale up delivery to other partner outlets. Today, the franchise network of Pyatyorochka has more than 360 stores in 36 regions.

Astra

UK has imposed sanctions on Denis Florov, co-owner of Astra. Kingdom also joined the US sanctions against Moscow Exchange, SPB Exchange and Novatek's projects.

Samolet Group of Companies

Volume of real estate sales by developer Samolet in January-May 2024 amounted to 607,300 sqm, up 34% from 452,800 sqm a year earlier. In monetary terms, sales increased by 66% to ₽132.5 billion. Average price per sq. m. increased by 24% to ₽218.2 thousand. Share of mortgage transactions decreased by 16 p.p. to 75%.

MOEX Group (Moscow Exchange)

Kazakhstan is studying the possibility of buying out the shares of Kazakhstan Stock Exchange from Moscow Exchange, said the head of the National Bank of Kazakhstan Timur Suleimenov. Moscow Exchange owns 13.1% of KASE.

Rusolovo

US Department of Finance has placed Seligdar Holding and Rusolovo on the sanctions list. Restrictions also include the following subsidiaries: Seligdar Gold and Amursky Metallurgical Plant.

MOEX Group (Moscow Exchange)

US sanctions were imposed on Moscow Exchange and its subsidiaries, the National Settlement Depository and the National Clearing Center. Exchange trading in dollars and euros will no longer take place, and the Bank of Russia will now use bank statements and OTC trading data to determine the official dollar and euro to ruble exchange rates.

Seligdar

US Department of Finance has placed Seligdar Holding and Rusolovo on the sanctions list. Restrictions also include the following subsidiaries: Seligdar Gold and Amursky Metallurgical Plant.

NOVATEK

US sanctions have been imposed on all Novatek projects. Restrictions were imposed on Murmansk LNG, Ob Gas Chemical Complex, Arctic LNG-1 and Arctic LNG-3. Direct sanctions also hit seven of the 15 Arc7 tankers under construction at the Zvezda shipyard - the Alexei Kosygin, the Pyotr Stolypin, the Sergei Witte and four unnamed tankers.

VTB Bank

Moscow Exchange will limit settlement codes on VTB shares with reverse split. From July 9 to July 14 inclusive trades in the main mode will not be held.