... are successfully realized, it could lead to an increase in the company’s stock value in the long run and solidify its image as a leader in the high-tech market. For Investors For long-term investors, this project could be of interest as part of a portfolio focused on innovative technologies and high risks with the potential for significant future growth. However, investors should take into account the risks associated with the uncertainties of the space industry and the long payback periods of ...

... development of Arctic routes and the new LAPECO terminal) remain in focus for investors but require scenario analysis and flexibility in implementation. Overall, investors should consider the macroeconomic environment and cargo flow dynamics when developing portfolio strategies: even minor changes in the global economy can significantly adjust projected returns on port projects. Macroeconomic Background The global and domestic macroeconomic situation significantly influences port cargo flows. Slowdown in ...

... decisions could lead to short-term fluctuations in European indices, especially in energy and manufacturing sectors that depend on regional stability. Investor Recommendations: Keep an eye on developments from the G20. Investors may need to adjust their portfolios to account for potential policy changes affecting European and global markets. Sectors sensitive to geopolitics, like energy and defense, may experience volatility, making it essential to assess risk exposure carefully. Australian Central Bank ...

... of expense control positively, as Sber maintains one of the best business cost structures in the sector, ensuring high operational profitability even in challenging macroeconomic conditions. Asset Quality and Reserve Expenses The quality of the loan portfolio remains relatively high, but the bank has exercised caution in risk assessment amidst external economic challenges. In 1H2025, Sber significantly increased provisions for loan impairment: total reserve expenses reached 335 billion rubles, more ...

... preparation for a public offering. This is especially important in the current economic situation, when domestic companies need support and resources to scale and grow. Russian pre-IPO projects can offer investors unique opportunities to diversify their portfolios, as well as stimulate the development of the domestic capital market. This investment format can play a significant role in increasing the sustainability of the Russian stock market, expanding the circle of investors and reducing dependence ...