Novatek

Russian markets are focused on dividend news. LUKOIL's board has recommended payouts of 535 rubles per share for the first nine months of the year, while analysts say the market no longer expects dividends from Gazprom. Sovcombank analysts issued forecasts for Russian oil companies, state firms are set to pay around 1 trillion rubles in total, and large private payouts were reported for Novatek, Sibur, and retailers Krasnoye i Beloye and Bristol.