Russia stocks higher at close of trade; MOEX Russia Index up 0.38%

Russia's stock market exhibited a bullish trend on Friday, with the MOEX Russia Index rising by 0.38% at the day's close. The Oil & Gas, Mining, and Power sectors drove this positive momentum. Rosneft PJSC led the pack, surging 10.17% to close at 382.30. LUKOIL PJSC followed with an 8.42% gain, settling at 6,107.50. Surgutneftegas PJSC also performed well, climbing 7.69% to 16.38.

Conversely, PIK SHb PJSC, Federal Hydro Generating Company RusHydro PJSC, and Rostelekom PJSC underperformed the session. On the Moscow Stock Exchange, rising stocks outnumbered declining ones by 191 to 54, with 10 ending unchanged. The Russian Volatility Index, a measure of implied volatility in MOEX Russia Index options, increased by 4.16% to 30.08.

Commodity prices also saw fluctuations, with Gold Futures for December delivery up by 1.52% to $4,220.30 per troy ounce, and Crude oil for November delivery increasing by 0.19% to $91.66 per barrel. USD/RUB climbed to 85.87, while EUR/RUB rose slightly to 95.33. The US Dollar Index Futures remained stable at 102.03.