Stock market news

Solidcore Resources

Polymetal in its new strategy does not plan dividends until the launch of Irtysh MMC, an autoclave complex in Kazakhstan. Capex of the project is estimated at $800 mln with a capacity of 250-300 thousand tons of concentrate per year with an output of about 15 tons of gold. Completion of construction and start of commissioning is expected in the second half o...

Solidcore Resources

Polymetal shareholders decided to change the company's name to Solidcore Resources.

MOEX Group (Moscow Exchange)

Bank of Russia has set limits on exchange trading in Russian shares acquired by residents or "friendly" non-residents from "unfriendly" counterparts before March 1, 2022, but settlements on which took place after that date. Maximum volume of transactions per day is limited to 10% of the trading volume at the time of submission of the trading order, but not m...

Aeroflot

Aeroflot Group in May 2024 carried 4.565 million passengers, up 22.3% from 3.733 million passengers a year earlier. Passenger turnover increased by 27.1% to 11.908 billion pkm. Seat occupancy increased by 3 p.p. to 86.4%.

Astra

Astra's IFRS net profit for first 3 months of 2024 amounted to ₽202 million, down 2.9 times from ₽590 million in the previous year. Revenue increased 42.9% to ₽1.852 billion compared to ₽1.296 billion a year earlier. Ecosystem Products' share of revenue reached 23%, doubling year-on-year. Shipments grew 51% to ₽1.89 billion.

Whoosh

Number of trips on Whoosh scooters and bicycles for 5 months of 2024 amounted to about 40.3 million, increasing by 54% year on year. Service audience increased by 55% to 23.3 million users. Number of trips per active user increased by 34% to 11.2. Number of locations of presence reached 60, increasing by 15% year-on-year.

NITEL

NITEL is willing to buy back up to 18,693,377 of its shares, representing 9.99% of its capital. Purchase price of the shares is ₽25.82. Bids for the sale of the securities will be accepted for a period of 30 days, starting 21 days from the date of the notice to shareholders.

Sberbank

Sberbank's RAS net profit in May 2024 amounted to ₽133.4 billion, up 12.9% year-on-year. Net interest income increased by 11.5% to ₽208.9 billion. Fee and commission income increased by 14.9% to ₽64.4 billion.

Artgen

Shareholders of Artgen approved dividends for 2023 in the amount of ₽1.2 per ordinary share. The last day of purchase of securities to receive dividends is June 14, 2024. Dividend yield may amount to 1.19%.

Severstal

Shareholders of Severstal approved dividends for 3 months 2024 in the amount of ₽38.3 per ordinary share. The last day of purchase of securities to receive dividends is June 17, 2024. Dividend yield may amount to 2.07%.