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

Russia stocks declined after the close of trade on Saturday, with the MOEX Russia Index remaining unchanged at 0.00%. The largest gainers of the session were energy company LUKOIL PJSC, which increased by 2.18% or 118.50 points to close at 5,546.00, followed by Gazprom PJSC and NOVATEK PJSC, with gains of 0.78% and 0.75% respectively.

Conversely, the worst performers were PIK SHb PJSC, GMK Noril'skiy Nikel' PAO, and Severstal PJSC, all experiencing declines of 0.40%, 0.35%, and 0.28% respectively. Rising stocks outnumbered declining ones on the Moscow Stock Exchange by 133 to 87, with 23 ending unchanged. The Russian Volatility Index, which gauges the volatility of MOEX Russia Index options, was unchanged at 30.08, marking a three-month low.

Throughout other commodity markets, Gold Futures for December delivery fell by 0.72% to $4,172.10 per troy ounce. Crude oil for November delivery slipped by 1.73% to $91.26 per barrel, whereas the December Brent oil contract rose by 0.46% to $102.72 per barrel. The USD/RUB exchange rate climbed by 0.79% to 84.16, while the EUR/RUB rose by 0.45% to 94.29. The US Dollar Index Futures experienced a minimal decline of 0.02% at 101.70.