... Underwriters with a wide network of contacts among institutional and private investors can ensure high demand for the company's shares. This is especially important for large IPOs, which require a significant amount of funds raised. 3. Experience in certain sectors Some underwriters specialize in certain industries, such as technology, energy or pharmaceuticals. Companies in these sectors may benefit from working with underwriters who understand the specifics of the business and can offer a more accurate ...

... rubles). The gross margin rose from ~19.5% a year ago to ~31% in the current period, indicative of a recovery in the basic profitability of the gas business. The main factor for the reduction in cost of sales was the decrease in expenditures in the gas sector. Direct costs for gas extraction and delivery dropped by ~20% year-on-year. This was influenced by several factors: firstly, the abolition of the increased mineral extraction tax (MET) for Gazprom starting in 2025. In 2023–2024, a temporary surcharge ...

... sensitive to changes in the exchange rate. The growth of the dollar against the ruble can put pressure on the index value, even if the stock prices in rubles remain stable. Index composition: Includes shares of leading Russian companies from various sectors of the economy, such as energy, finance, mining, metallurgy and telecommunications. Companies with the largest market capitalization and liquidity have the greatest impact on the index. Calculation method: The index is weighted by market capitalization,...

... diversification can be considered a risk management strategy for a crypto portfolio. Additionally, diversification acts as a profit-maximizing strategy under certain market conditions. This was evident during the DeFi boom of 2020. During that period, the DeFi sector outperformed other segments of the crypto market. In contrast, established coins like Bitcoin and Ethereum were unlikely to make significant waves. Consequently, investors who deemed it prudent to include DeFi tokens in their portfolio had greater ...

... development of Russia's telecommunications infrastructure, increasing the availability of modern digital services and stimulating innovation in the industry, which, in turn, contributes to economic growth and improves the quality of life of the population. Sector: Telecommunications Investments in 2023: 90.3 billion rubles Investments in 2022: 59.2 billion rubles Megafon is one of the leading telecommunications operators in Russia, providing a wide range of communication services. In 2023, the company significantly ...