Stock market news
EBRD sells 4.9% stake in Bank Saint Petersburg
Government commission may soon approve the deal on sale of the European Bank for Reconstruction's share in the capital of Bank Saint-Petersburg to its shareholders, said Frank Media sources. As of the…
Investors are likely to be able to sell foreign securities on the SPB Exchange
Investors are likely to be able to sell foreign securities on SPB Exchange until January 31, 2024. Analysis of the sanctions imposed on the platform is still being conducted by financial market partic…
Magnit closed the deal on the purchase of marketplace KazanExpress
Retailer Magnit has closed a deal to purchase the KazanExpress marketplace and is starting to integrate this platform to launch its own marketplace, Magnit Market, on its basis. Acquisition of KazanEx…
VK reported for 9 months of 2023
VK's revenue for 9 months of 2023 increased by 37% to ₽90.3 billion. Average daily audience of VK services increased by 16% to 76 million users. Time spent increased by 8% to 3.4 billion minutes per d…
Number of trips to Whoosh for 10 months in 2023 has increased by 89%
Whoosh users in 10 months of 2023 made 99 million trips, an 89% increase relative to the same period in 2022. Whoosh's audience increased by 69% to 20 million users. Number of trips per active user in…
Yuzhuralzoloto intends to hold an IPO by the end of November
Yuzhuralzoloto Group announced its intention to hold an IPO on the Moscow Exchange. Company plans to offer investors up to 5% of shares by the end of November. Funds raised during the IPO will be rece…
Rostelecom reported for 9 months of 2023 by IFRS
Rostelecom's IFRS net profit for 9 months of 2023 amounted to ₽40.452 billion, up 29.1% from ₽31.345 billion in the previous year. Revenue rose 14.4% to ₽498.46 billion against ₽435.56 billion a year …
Sony reported for 6 months of fiscal year 2023
Sony's IFRS net profit for 6 months of fiscal 2023 was JP¥201.16 billion, down 29.5% from JP¥285.39 billion in the previous year. Revenue increased 7.7% to JP¥2.829 trillion from JP¥2.626 trillion a y…
Softline's turnover grew by 15.7%
Softline's turnover for 9 months of 2023 amounted to ₽52.588 billion, up 15.7% from ₽45.42 billion a year earlier. Turnover from proprietary solutions increased 2.4 times to ₽11.732 billion, with turn…
Take-Two Interactive reported for 6 months of fiscal year 2024
Take-Two Interactive Software's GAAP loss for 6 months of fiscal 2024 was $749.6 million, doubling from $361 million in the prior year. Revenue increased 3.5% to $2.584 billion from $2.496 billion a y…
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