Stock market news

Sollers' sales in January - September grew by 18%
Autoconcern Sollers for 9 months of 2024 sold 35.94 thousand cars on the domestic market, which is 17.8 more than a year earlier. UAZ sales increased by 4.8% to 26.04 thousand units. Sales of Sollers …

Mosgorlombard's revenue grew 4.5 times in January-September
Mosgorlombard's revenue for 9 months of 2024 amounted to ₽5.4 billion, up 4.5 times year-on-year. Portfolio of collateral loans in the pawnshop direction and merchandise balances in resale increased 1…

Yandex wants to enter the insurance market
IT company Yandex is planning to develop its insurance business, Kommersant's sources said. Company is already hiring staff and is in search of a small insurance company with a license for purchase. Y…

Non-residents put less than 1% of MTS shares on offer
As a result of the second round of share buyback from non-residents, MTS received bids for 1.74 mln shares, which is about 0.09% of the company's shares. In total, MTS was ready to buy back up to 57 m…

Moscow Exchange summarized the results of trading in September
Total trading volume on the Moscow Exchange markets totaled ₽119.2 trillion in September 2024, down 4% from ₽124.1 trillion a year earlier. In the equity market, trading volume increased by 11% to ₽3 …

Rosdorbank launched road factoring
Rosdorbank launched factoring for medium-sized businesses in the road sector. In July, the bank held an additional share issue, during which it raised over ₽300 million to finance a factoring project.

T-Bank to issue additional shares to convert Rosbank's shares
T-Bank will place an additional share issue with a nominal volume of ₽3 billion, which corresponds to 300 million shares. T-Bank will convert 5.88 Rosbank shares into one T-Bank share, and T-Bank's au…

Shareholders of EvroTrans approved dividends
Shareholders of EvroTrans approved dividends for 6 months 2024 in the amount of ₽4.32 per ordinary share. The last day of purchase of securities to receive dividends is October 17, 2024. Dividend yiel…

Magnit will open stores in the Magadan region
Retailer Magnit signed the first agreement with a local partner to open several stores in Magadan under the reverse franchising model. First outlet will be a drogery store “Magnit Cosmetic”, which sho…

TGC-14 invests about ₽40 billion in modernization of CHPP-2 in Ulan-Ude
Construction of two power units of CHPP-2 in Ulan-Ude will cost about ₽40 billion, said Andrei Sobolev, Director of TGC-14's Generation Buryatia branch. Power units with a total capacity of up to 180 …
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