Фондовый рынок

Budget expenditures.

Воронноров — Sat, 10 Oct 2026 07:54:39 GMT

As of October, budget expenditures accounted for about 14% year-on-year and are the reason for all other financial developments.

Воронноров — Thu, 08 Oct 2026 13:11:12 GMT

The M2 monetary aggregate remains at 14% and is not going to decline.

Inflation, liquidity shortages and rising interest rates will also persist.

Воронноров — Wed, 23 Sep 2026 07:42:29 GMT

MMK’s financial results do not bode well for the company.

Воронноров — Sun, 20 Sep 2026 15:00:47 GMT

US budget expenditures remain at a low level.

Despite the budget deficit, inflation will not be too acute.

Воронноров — Thu, 10 Sep 2026 14:06:56 GMT

Phosagro's do is not going too well.

Воронноров — Sat, 05 Sep 2026 07:25:32 GMT

The M2 monetary aggregate is slowly declining, but remains at 13 percent.

Figure1

Money is being converted into cash and short-term assets - liabilities and loans are under pressure.

The percentage of interest income in M2 is decreasing.

Figure2.

This can stimulate the flow of money into currency and stock speculation.

Воронноров — Fri, 04 Sep 2026 08:25:19 GMT

Gazprom has improved its free cash flow from operating activity but it remains negative.

Figure1.

Overall performance has also improved, but dividend payout potential remains at 10-12 rubles.

Figure2.

Воронноров — Mon, 31 Aug 2026 07:15:35 GMT

Lukoil has reached a free cash flow figure of 600 rubles per share.

It's a good result, but it's hard to sell right now.

Воронноров — Fri, 28 Aug 2026 14:28:47 GMT

Mobile Telesystems has sharply reduced its free cash flow.

Whether this is an incident or a new pattern, we will only find out in the future.

Воронноров — Wed, 12 Aug 2026 07:19:58 GMT

Budget expenditures are slowly decreasing to 14.5% year-on-year.

Thus, the Central Bank's key rate has little chance of rising.