Russia stocks higher at close of trade; MOEX Russia Index up 0.46%
Russia's stock market closed higher on Tuesday, driven by gains in the Oil & Gas, Manufacturing, and Telecom sectors. The MOEX Russia Index increased by 0.46%. The most prominent gainers of the day were TATNEFT n.a. V.D. Shashin, Surgutneftegas PJSC, and TATNEFT n.a. V.D. Shashin Pref, each rising by 3.83%, 3.34%, and 3.29% respectively.
Meanwhile, Magnitogorskiy Metallurgicheskiy Kombinat declined by 2.75%, and ROSSETI PJSC and Magnit PJSC ended unchanged. The Russian Volatility Index (RVI) rose by 0.65% to 37.34. Gold Futures for December delivery decreased by 1.71% to $4,400.00 per troy ounce. Crude oil for October delivery increased by 3.03% to $94.25 per barrel, while the November Brent oil contract rose by 0.01% to $99.33 per barrel.
The USD/RUB exchange rate remained unchanged at 85.85, and EUR/RUB stayed steady at 99.79. The US Dollar Index Futures dropped by 0.34% to 98.82.
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