Russia stocks lower at close of trade; MOEX Russia Index unchanged

Russia stocks declined following Friday's trading session, with the MOEX Russia Index remaining unchanged at 0.00% at the day's conclusion. United Company Rusal IPJSC, or RUAL, emerged as the top gainer of the day, surging 2.94% or 0.78 points to close at 27.33. Unipro PJSC, or UPRO, and Novolipetsk Steel, or NLMK, also experienced gains, with their shares rising 2.78% or 0.03 points to 1.13 and 2.50% or 1.80 points to 73.76, respectively.

Conversely, T Tekhnologii MKPAO, or T, suffered the steepest decline, dropping 0.80% or 2.26 points to 278.82. Surgutneftegas PJSC Pref, or SNGS_p, and Moskovskiy Kreditnyi Bank PAO, or CBOM, rounded out the day's underperformers, with their stocks increasing by 0.06% or 0.03 points to 43.04 and 0.19% or 0.02 points to 10.05, respectively.

The Moscow Stock Exchange saw a majority of rising stocks, with 188 outperforming while only 44 declined. Fourteen of the stocks closed unchanged. Notably, Moskovskiy Kreditnyi Bank PAO reached its 52-week high, climbing 0.19% or 0.02 points to 10.05. The Russian Volatility Index, which gauges the anticipated volatility of MOEX Russia Index options, maintained a steady 0.00% at 38.56.

Gold Futures for December delivery saw a 2.37% or 101.70 increase, lifting the price to $4,401.30 per troy ounce. Crude oil for September delivery experienced a minor dip of 0.27% or 0.21, settling at $77.08 per barrel, while the October Brent oil contract declined 0.34% or 0.28 to $82.21. The USD/RUB and EUR/RUB currencies depreciated by 1.31% to 81.91 and 1.01% to 94.68, respectively. The US Dollar Index Futures also slipped 0.33% to 99.48.