Russia stocks higher at close of trade; MOEX Russia Index up 0.42%
Russian stocks experienced an upward trend at the end of trading on Friday, with the MOEX Russia Index rising by 0.42%. The Power, Oil & Gas, and Mining sectors played a significant role in driving the gains. Among the top performers, Federal Hydro Generating Company RusHydro PJSC (MCX:HYDR) surged 7.49% to reach a 52-week high of 0.54 points.
AFK Sistema PJSC (MCX:AFKS) also had a strong day, increasing by 5.14% to finish at 9.04 points. ROSSETI PJSC (MCX:FEES) saw no change, remaining at 0.07 points. Conversely, VK Company Ltd (MCX:VKCO) experienced a decline of 2.70%, dropping to 235.80 points. Magnit PJSC (MCX:MGNT) and T Tekhnologii MKPAO (MCX:T) were also among the underperformers, with Magnit falling 1.24% to 1,869.50 points and T Tekhnologii MKPAO dropping 1.15% to 271.18 points.
The Moscow Stock Exchange saw more rising stocks than declining ones, with a ratio of 181 to 60, and 13 stocks ending unchanged. The Russian Volatility Index (RVI) decreased by 0.33% to 30.07. Gold Futures for December delivery decreased by 0.96% to $4,074.20 per troy ounce, while Crude oil for December delivery experienced a minor decline of 0.06% to $90.47 per barrel.
Brent oil contracted by 0.42% to $97.88 per barrel. The USD/RUB exchange rate rose by 0.55% to 81.94, and the EUR/RUB rate fell by 0.14% to 91.30. The US Dollar Index Futures climbed by 0.73% to 102.17.
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