Stock market news

Participants of Softline's SPO purchased more than 400 thousand shares
Softline announced the results of the acceptance of the offer for the opportunity to purchase the company's shares at a fixed price of ₽140 for the participants of the SPO ending in December 2023. Ove…

LSR will build a premium eight-story hotel
LSR will build a premium eight-storey hotel with an area of 14.9 thousand m2 and a business center with a height of 9 floors on Krasnoye Kursant Street in St. Petersburg. This will be the first classi…

EU partially allowed import of Russian diamonds
European Commission clarified the restrictions against Russian diamonds. Import bans now do not apply to stones exported outside Russia before the restrictions were imposed. Temporary import or export…

X5 Retail Group will update its dividend policy in early 2025
X5 Retail Group plans to update its dividend policy in early 2025. Company may potentially change one of the target values on which the current dividend policy is based - net debt to EBITDA ratio. Cur…

Sovcombank creates NPF
Sovcombank is creating its non-state pension fund to participate in the long-term savings program. It may take more than a year for the fund to become fully operational - the active stage is likely to…

Arsagera started testing the Distributed analytics platform
Arsagera Management Company has launched in test mode the Distributed Analytics Platform project aimed at forming an investment community united by the idea of sharing knowledge, experience, and pract…

NCC converts client dollars and euros into roubles
National Clearing Center until June 28 will convert client dollars and euros, available after partial blocking of currency collateral, into rubles at the exchange rate as of June 13, 2024. What volume…

Launch of the second process line at Vysokoye mine is scheduled for July
Yuzhuralzoloto plans to launch the second gold production line at Vysokoye mine in July. Launch of the new line will double the mine's capacity to process at least 4.5 million tons of ore per year. Fi…

Number of trips per Whoosh user increased 32%
Number of rides on Whoosh scooters and bikes from January 1 to June 20, 2024 was about 55.3 million, up 55% year-over-year. Service audience grew 57% to 23.9 million users. Number of trips per active …

Shareholders of Sberbank approved dividends for 2023
Sberbank shareholders approved dividends for 2023 in the amount of ₽33.3 per ordinary and preferred share, the head of the credit organization Herman Gref told reporters. The last day to buy securitie…
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