Market Summary

Investing.com – Russia stocks experienced gains after the close on Wednesday, driven by increases in the Power, Oil & Gas, and Mining sectors.

At the close in Moscow, the MOEX Russia Index climbed by 0.35%.

Top Performers

The leading performers on the MOEX Russia Index included:
– ROSSETI PJSC (MCX:FEES) – unchanged at 2.92% or 0.00 points, trading at 0.08.
– ADS Ozon Holdings PLC ORD SHS (MCX:OZONDR) – increased 1.95% or 62.50 points, ending at 3,268.50.
– Magnitogorskiy Metallurgicheskiy Kombinat PAO (MCX:MAGN) – up 1.22% or 0.46 points, closing at 37.87.

Worst Performers

The worst performers of the session included:
– PIK SHb PJSC (MCX:PIKK) – fell 4.27% or 22.50 points, trading at 504.90.
– NOVATEK PJSC (MCX:NVTK) – declined 2.69% or 25.00 points, ending at 902.80.
– PhosAgro PJSC (MCX:PHOR) – down 2.37% or 129.00 points, closing at 5,317.00.

On the Moscow Stock Exchange, rising stocks outnumbered declining ones by 126 to 119, with 11 unchanged.

Volatility and Commodities

The Russian Volatility Index – RVI, which measures the implied volatility of MOEX Russia Index options, decreased 5.39% to 34.05.

In commodities, Gold Futures for December delivery dropped 0.94% or 24.55 to $2,581.75 per troy ounce. Crude oil for December fell 0.18% or 0.12 to $68.00 a barrel, while January Brent oil stayed stable, rising by just 0.01% to $71.90 a barrel.

Forex Performance

The USD/RUB exchange rate increased by 0.25% to 98.50, while EUR/RUB decreased by 0.30% to 104.06.

The US Dollar Index Futures rose by 0.42% to 106.39.