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

Russia stocks saw a decline after trading closed on Sunday, with the MOEX Russia Index remaining unchanged at 0.00%, marking a new three-month high. Surgutneftegas PJSC led the gains, surging 2.97% or 0.50 points to close at 17.34. NOVATEK PJSC also saw a rise, adding 2.96% or 33.40 points to finish at 1,161.40. Federal Hydro Generating Company RusHydro PJSC experienced a 2.93% increase or 0.01 points, closing at 0.45.

Conversely, VK Company Ltd saw a 0.48% drop or 0.65 points, settling at 136.15, while TATNEFT and Sberbank Rossii PJSC experienced declines of 0.21% and 0.07% respectively, ending at 629.20 and 287.08. The Moscow Stock Exchange saw 188 stocks rise, 51 fall, and 12 remain unchanged. The Russian Volatility Index (RVI), measuring the implied volatility of MOEX Russia Index options, was steady at 28.66, a three-month low.

Gold Futures for December delivery increased by 0.40% or 16.60 to $4,186.70 per troy ounce, while Crude oil for December delivery rose 3.95% or 3.87 to $99.02 per barrel. Meanwhile, the December Brent oil contract fell by 0.15% or 0.17 to $109.69 per barrel. USD/RUB decreased by 0.96% to 83.08, and EUR/RUB dropped by 0.80% to 93.35. The US Dollar Index Futures also saw a minor decline of 0.06% at 101.60.