Shares of Magnit fell by more than 9%
Shares of the Magnit trading network fell by 9.12%, according to trading data. At about 18:50 GMT, the value of securities fell to 1,511 rubles.
Shares of the Magnit trading network fell by 9.12%, according to trading data. At about 18:50 GMT, the value of securities fell to 1,511 rubles.
By 18:54 GMT, the company's shares slowed down to 5.53%, and their price rebounded to 1,574 rubles. per paper. As of 19:44 GMT, Magnit securities fall by 5.6% and are trading at around 1,570 rubles per share.
Shares of Magnit fell after the publication of a report that the subsidiary of the retailer JSC “Thunder” extended the repo contract until April 2, 2027. It expired on October 2, 2026.

