Russia stocks lower at close of trade; MOEX Russia Index down 0.30%

Russia stocks experienced a decline in the close of trade on Wednesday, with losses in the Mining, Power, and Oil & Gas sectors leading to a decrease in the MOEX Russia Index by 0.30%. The Moscow Stock Exchange saw 150 stocks fall while only 90 rose, with 15 remaining unchanged. The best performers of the day included OZON (+0.80% to 3,512.50), Aeroflot PJSC (+0.79% to 35.71), and Surgutneftegas PJSC (+0.78% to 16.71).

Conversely, ROSSETI PJSC (unchanged at 0.06), United Company Rusal IPJSC (-2.73% to 24.25), and GMK Noril’skiy Nikel’ PAO (-2.38% to 115.60) were among the worst performers. The Russian Volatility Index increased by 0.13% to 30.63. Meanwhile, Gold Futures for December delivery rose by 0.47% to $4,127.30 per troy ounce, and Crude oil for November delivery climbed by 1.09% to $95.17 per barrel, while the December Brent oil contract fell by 0.06% to $106.05 per barrel.

USD/RUB remained unchanged at 84.64, and EUR/RUB remained static at 93.28. The US Dollar Index Futures experienced a minor decline of 0.03% at 102.31.