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

Russia stocks experienced a decline following the close on Sunday, with the MOEX Russia Index remaining unchanged at 0.00%. The MOEX Russia Index tracked the performance of shares across various sectors. Among the best performers were VK Company Ltd (VKCO), which surged 2.87% or 4.70 points to reach 168.40, and ROSSETI PJSC (FEES), which increased 1.50% or 0.00 points to 0.07.

Bank VTB PJSC (VTB) also saw a rise of 1.24% or 0.70 points to 57.03. Conversely, LUKOIL PJSC (LKOH) was the most significant loser, dropping 0.37% or 23.00 points to 6,266.00. Moskovskiy Kreditnyi Bank PAO (CBOM) and PIK SHb PJSC (PIKK) both closed down 0.08% or 0.01 points to 10.47 and 544.00, respectively. On the Moscow Stock Exchange, the number of rising stocks (181) surpassed the number of declining stocks (47), with 19 remaining unchanged.

The Russian Volatility Index (RVI), a measure of implied volatility for MOEX Russia Index options, remained steady at 30.44. Gold Futures for December delivery saw a decline of 3.63% or 146.50, settling at $3,884.90 per troy ounce. Crude oil for December delivery rose 0.93% or 0.95 to $102.95 per barrel, while the January Brent oil contract increased 2.08% or 2.30 to $113.10 per barrel.

The USD/RUB currency pair fell by 0.70% to 80.68, whereas the EUR/RUB pair rose by 0.02% to 90.03. Lastly, the US Dollar Index Futures experienced a slight decline of 0.06% at 101.83.