๐จ Shareholders of KAZANORGSINTEZ have approved dividends for 2024. The ordinary shares will yield 4.15 RUB, while the preferred shares will yield 0.25 RUB. The cutoff date for these dividends is set for July 10.
๐ฅ The RGBI index for Russian government bonds (ะะคะ) has surpassed 115. Markets are anticipating a further reduction in the Central Bank's interest rate, especially following today's comments from Zabotkin.
๐จ๐ท๐บ Shareholders of DIASOFT have approved the decision to withhold dividends for 2024. However, they have also approved dividends for the first quarter of 2025, set at 80 rubles per share. The cutoff date for this dividend is July 8.
๐ข๏ธ Oil traders anticipate another increase in oil production by OPEC+ nations, according to RTRS.
๐ท๐บ Experts have commented on the current situation with the Russian ruble, highlighting various economic factors influencing its performance. As market dynamics evolve, analysts are paying close attention to potential impacts on both domestic and international trade. The outlook remains uncertain as the currency navigates through global economic challenges. For more details, visit here.
๐ฅ Meta Platforms Inc. has reached an all-time high (ATH) in its stock price, showcasing strong investor confidence. The surge reflects the company's robust performance and strategic initiatives in the technology sector. As Meta continues to innovate and expand its offerings, market analysts are closely monitoring its growth potential. Investors are optimistic about the company's future, as it solidifies its position as a leader in the digital landscape. For more information, visit Meta.
๐ซ๐ท๐บ Shareholders of Lenta have approved the decision to withhold dividends for the year 2024.
๐ Shares of U.S. renewable energy companies are declining while coal mining stocks are on the rise amid Senate debates over a new spending bill. The proposed legislation includes a phased repeal of key tax incentives for wind and solar energy, alongside support for fossil fuel development. For more details, visit BBG.
๐จ Ahead
๐บ๐ธ The Chicago PMI for June will be released today at 16:45 Moscow time.
๐บ๐ธ The Chicago PMI for June will be released today at 16:45 Moscow time.
๐๐บ๐ธ The company SRM has acquired TRX tokens worth $100 million to bolster its balance sheet. (the same ones)
โ ๏ธ๐บ๐ธ๐ช๐บ Apple is delaying the launch of certain features in the EU due to regulatory hurdles, according to the Wall Street Journal.
โด๏ธ๐บ๐ธ Beecent has indicated that legislation regarding stablecoins may be passed by mid-July.
๐ฅ Shareholders of SBER have approved record dividends for 2024, totaling 786.9 billion rubles. This amounts to 34.84 rubles per ordinary and preferred share. The payout marks the largest in SBER's history and the entire Russian stock market. Notably, half of these fundsโapproximately 393.45 billion rublesโwill go to the budget of the Russian Federation, enhancing the efficiency of state spending and ensuring the stability of Russia's financial system.
๐บ๐ธ Bostic of the Federal Reserve stated that tariff inflation is a matter of "when," not "if." He also indicated that he still anticipates one rate cut this year and three rate cuts in 2026.
๐ The Dallas Fed Manufacturing Business Index for June has been reported at -12.7, indicating a decline. This figure is an improvement from the previous month's reading of -15.3, though it still reflects challenging conditions for the manufacturing sector in the United States.