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

On Saturday, Russian stocks declined after the market close, with the MOEX Russia Index remaining unchanged at 0.00%, according to Reuters. The MOEX Russia Index, which comprises shares from the Moscow Stock Exchange, saw Rostelekom PJSC (MCX:RTKM) as the top performer, climbing 0.41% or 0.16 points to 39.54. Federal Hydro Generating Company RusHydro PJSC (MCX:HYDR) and Mobil’nye Telesistemy PJSC (MCX:MTSS) also rose, with gains of 0.38% and 0.34% respectively, ending at 0.37 and 174.85.

Conversely, NOVATEK PJSC (MCX:NVTK) experienced the most significant decline, dropping 0.98% or 10.40 points to 1,046.30. Severstal PJSC (MCX:CHMF) and AK ALROSA PJSC (MCX:ALRS) also underperformed, falling 0.92% and 0.87% respectively, to close at 623.60 and 19.30. In total, 142 shares declined, while 86 rose and 18 ended unchanged, marking a bearish sentiment on the exchange.

The Russian Volatility Index (RVI), which gauges the implied volatility of MOEX Russia Index options, remained stable at 33.97. Gold Futures for December delivery increased by 0.37% or 16.20 to reach $4,415.90 per troy ounce. Crude oil for October delivery dropped 2.34% or 2.38 to $99.53 a barrel, while November Brent oil saw a 1.56% decline to $103.19 a barrel.

USD/RUB decreased by 0.11% to 84.42, and EUR/RUB slipped 0.27% to 96.72. The US Dollar Index Futures closed 0.05% lower at 99.94.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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