Stock market news

Moscow Exchange to suspend trading in IMCB shares for split trading
Moscow Exchange has set restrictions of settlement codes on IMCB shares. Trades in the securities will be suspended from January 24 to January 26, 2024 inclusive due to share split.

Yandex and Sechenov University have created a medical data platform
IT company Yandex and Sechenov University have launched a cloud-based medical data platform in Russia, with the help of which specialists can quickly find medical reports, test results, CT scans, X-ra…

Rusal started preparations for modernization of KrAZ
Rusal started preparatory works within the framework of the Krasnoyarsk Aluminum Smelter environmental redevelopment project. A single electrolysis series with self-burning anodes consisting of two bu…

Mosgorlombard IPO may go for a lower bound of ₽3.1 per share
Mosgorlombard is considering an offering at the lower end of its price range at ₽3.1 per share. Earlier, the company extended the period for collecting applications for participation in the IPO until …

European Union to extend slab import authorization until 2028
European Union plans to extend the validity of import quotas for Russian slab supplies, according to the European Council. We are talking about an extension for three to four years with a gradual redu…

Sakhalin-2 will continue to supply oil without observing the price ceiling
European Union has extended the permission to supply oil from the Sakhalin-2 project without observing the price ceiling mechanism until June 28, 2024 to meet Japan's energy security needs. European U…

Unlocking Hong Kong shares on SPB Exchange may happen faster
SPB Exchange and its depository SPB Bank are in talks with Hong Kong companies, unlocking non-US equities could happen faster, according to a presentation on SPB Bank's asset unlocking strategy publis…

SPB Exchange agrees on asset unblocking strategy
SPB Exchange has agreed on an asset unblocking strategy. In the near future, depository of exchange SPB Bank will apply to OFAC with a proposal of asset unlocking mechanisms and in the future will ind…

Abrau-Durso and Magnit will take care of candies
Russian wine house Abrau-Durso has agreed to produce chocolates at the facilities of the Magnit chain. In the line will be several positions with different flavors. Price of sweets during the holidays…

Magnit began production of sweets under the wine brand
Retailer Magnit and Abrau-Durso agreed on the production of chocolates at the facilities of Magnit. In the line will be several positions with different flavors. Price candy during the holidays - ₽199…
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