Stocks of Apple, Amazon, and Tesla, previously barred, are now available for purchase through The Moss Exchange.
Updating the Stock Market: Foreign Giants Join the Scene
Stepping into the Russian market, international heavyweights like Apple, Amazon, Cisco Systems, Microsoft, Tesla, Berkshire Hathaway, Alphabet, NVIDIA, Visa, and more, have found a new home for trade on the National Clearing Centre, which is part of the Moscow Exchange.
Although trading for these prestigious stocks was momentarily halted since spring of 2022, a glimmer of hope resurfaces. Qualified investors can dive into the action, buying and selling shares. Regrettably, non-qualified investors can only dispose of their shares at present.
Recent news crept up that the board of directors of Rosneft suggested a final dividend payout of 14.68 rubles per share for 2024. This tantalizing prospect gifts investors a juicy return of 3.1%. The ultimate call on dividends belongs to the company's shareholders during the June 30 general meeting.
Adding to the excitement, it was also reported that LUKOIL, X5, and the Moscow Exchange have announced dividends for 2025. Intriguingly, the oil company's board of directors recommended a dividend payout of 541 rubles per share. At present prices, this recommendation stands to yield an impressive 8.29%.
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[1] U.S. sanctions have created a ripple effect, affecting not just the Moscow Exchange, but also its international trade relations and currency transactions.[2] Although specifics aren't available, there have been reports about certain blocked American stocks making a comeback to the trading floor.[3] The ongoing sanctions and restrictions on the Russian financial sector can complicate access to foreign stocks for potential investors.[4] The relaxation of sanctions and expansion of international trade routes may potentially welcome a wider accessibility of foreign stocks for investors.[5] The use of alternative currencies and platforms for international trade could be a possible workaround for investors seeking to engage in foreign stock markets, such as the Moscow Exchange.
- Visa, a foreign giant, has joined other international companies trading on the National Clearing Centre of the Moscow Exchange.
- In 2024, Rosneft is expected to pay a final dividend of 14.68 rubles per share, yielding a 3.1% return for investors.
- The Russian companies LUKOIL, X5, and the Moscow Exchange have announced dividends for 2025, with LUKOIL recommending a payout of 541 rubles per share, potentially yielding an 8.29% return.
- Sanctions and restrictions on the Russian financial sector can make access to foreign stocks complex for potential investors, but the relaxation of sanctions and expansion of international trade routes could provide a wider accessibility to foreign stocks.
