Russia stocks lower at close of trade; MOEX Russia Index unchanged
Russia stocks declined at the close of trade on Saturday, with the MOEX Russia Index remaining unchanged at 0.00%. Despite the overall unchanged index, individual companies saw varying success. Federal Hydro Generating Company RusHydro PJSC (MCX:HYDR) led the gains, surging 2.89% or 0.02 to reach a 52-week high of 0.55. ROSSETI PJSC (MCX:FEES) and AK ALROSA PJSC (MCX:ALRS) also showed positive results, with a 2.72% increase to 0.07 and a 2.11% rise to 24.65, respectively.
Conversely, VK Company Ltd (MCX:VKCO) suffered the biggest loss, falling 0.57% or 1.35 points to 234.45. Similarly, NOVATEK PJSC (MCX:NVTK) and Sberbank Rossii PJSC Pref (MCX:SBER_p) both decreased in value, with NOVATEK falling 0.14% or 1.60 points to 1,142.40 and Sberbank down by 0.10% or 0.29 points to 294.71. Out of the 213 stocks listed, 188 experienced an increase while only 34 saw a decline.
The Russian Volatility Index (RVI), which gauges the expected volatility of MOEX Russia Index options, stayed steady at 30.08. Gold futures for December delivery experienced a slight drop of 0.83% or 34.00 to $4,079.50 per troy ounce, while crude oil and Brent oil futures also saw modest declines of 0.20% or 0.18 to $90.34 and 0.55% or 0.54 to $97.75, respectively.
The USD/RUB exchange rate increased by 0.55% to 81.94, whereas the EUR/RUB rate dropped by 0.16% to 91.28. Finally, the US Dollar Index Futures rose by 0.74% to 102.18.
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