Stock market news

Rusal reported for 6 months of 2023 by IFRS
Rusal's IFRS net profit for 6 months of 2023 amounted to $0.42 bln, down 4 times from $1.68 bln in the previous year. Revenue decreased by 16.9% to $5.945 bln vs. $7.153 bln a year earlier.

The Board of Directors of JSCB AVANGARD recommended dividends for the 6 months of 2023
The Board of Directors of AVANGARD has recommended a dividend of ₽47.08 per ordinary share for the first 6 months of 2023. The last day to purchase securities for dividends is September 22, 2023. The …

Sitronics Group will build a series of electric vessels for Moscow
Sitronics Group's shipyard in the Leningrad region will build a new series of electric-powered passenger pleasure craft Moscow 2.0 for ₽8 billion. Company is already completing the design of these ves…

Magnit bought back 16.6% of its shares for ₽ 37.4 billion
Retailer Magnit has completed the buyback of its shares held by investors through Russian infrastructure. From shareholders in the US, UK, Germany, Switzerland and other countries, bought back about 1…

Gazprom Neft reports for 6 months of 2023 by RAS
Gazprom Neft's RAS net profit for 6 months of 2023 amounted to ₽338.78 billion, down 3% from ₽349.33 billion in the previous year. Revenue fell 20.6% to ₽1.41 trillion against ₽1.776 trillion a year e…

The Tyson Foods announced a quarterly dividend
The Tyson Foods Board of Directors announced a quarterly dividend of $0.48 per share. The last day to buy securities to receive the dividend is November 29, 2023. The annual dividend yield may reach 3…

Yandex intends to implement restructuring in early 2024
Yandex's board of directors intends to implement plans to restructure the business and attract investors in early 2024, a source told TASS. According to him, the Board of Directors continues to work o…

Inter RAO reduced supplies to China via the Amurskaya-Heihe air line
Inter RAO has reduced electricity exports to China via the Amurskaya-Heihe 500 kV overhead line from the planned 600 MW to 100-200 MW. Reduction of export volumes was caused by a decrease in water ava…

Fesco launched a rail service from Samara to Vladivostok
Fesco Transportation Group launched a new rail container service Fesco Volga Shuttle on the Samara - Vladivostok route. Service is focused on delivery of goods of Volga producers to the Russian Far Ea…

VK to sell Cypriot fintech company MGL Wallet
VK Holding has signed an agreement to sell MGL Wallet, a Cyprus-based company that offers customized online payment solutions for individuals and legal entities in the European Economic Area, at the e…
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