Russia stocks higher at close of trade; MOEX Russia Index up 2.70%

Russia stocks closed higher on Tuesday, with the MOEX Russia Index rising by 2.70%. The Oil & Gas, Power, and Mining sectors drove the gains. Unipro PJSC surged 5.62%, TATNEFT added 3.31%, and PIK SHb PJSC increased by 3.30%. Conversely, Novolipetsk Steel declined 2.36%, Polyus fell 1.54%, and ROSSETI remained flat. Rising stocks outnumbered declining ones on the exchange, with 11 ending unchanged.

The Russian Volatility Index (RVI) dropped by 2.41% to 46.08. Meanwhile, Gold Futures for December delivery climbed 0.39% to $4,715.90 per troy ounce. Crude oil for October delivery decreased 4.59% to $81.11 per barrel, while the November Brent oil contract rose 0.37% to $86.07. USD/RUB and EUR/RUB remained unchanged at 83.70 and 97.72, respectively, and the US Dollar Index Futures fell by 0.09% to 98.84.