Russia stocks lower at close of trade; MOEX Russia Index unchanged
Russia stocks saw a decline at the close of trade on Saturday, with the MOEX Russia Index remaining unchanged, marking a new three-month high. OZON experienced the biggest gain among the best performers, surging 2.20% to 3,595.00. VK Company Ltd and Polyus PJSC also showed a 2.19% and 2.11% increase respectively, finishing at 139.80 and 1,189.60.
On the flip side, PIK SHb PJSC remained flat, and Sberbank Rossii PJSC and its pref. share both saw slight increases. The Moscow Stock Exchange witnessed a dominance of rising stocks, with 195 outperforming 31 stocks and 23 ending unchanged. The Russian Volatility Index, a measure of implied volatility of MOEX Russia Index options, also remained unchanged, hitting a three-month low of 28.66.
Meanwhile, gold futures rose by 0.40%, crude oil for November delivery increased 3.95%, while December Brent oil fell slightly. The USD/RUB and EUR/RUB exchange rates both experienced a decline, and the US Dollar Index Futures ended down 0.06%.
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