Russian Stock Market Update

Investing.com – Russian stocks finished higher on Friday, driven by gains in the Power, Oil & Gas, and Mining sectors.

At the close in Moscow, the MOEX Russia rose 0.88% to reach a new 1-month high.

Best Performers

1. Magnit (MCX:MGNT): Up 5.54% or 310.50 points to trade at 5,915.50.
2. PIK (MCX:PIKK): Increased by 3.80% or 24.20 points, ending at 661.50.
3. VK Company Ltd DRC (MCX:VKCO): Gained 3.35% or 12.00 points to close at 369.80.

Worst Performers

1. GMK Norilskiy Nikel PAO (MCX:GMKN): Fell by 1.51% or 1.70 points, trading at 109.50.
2. Novolipetsk Steel PAO (MCX:NLMK): Declined 1.03% or 1.54 points to 148.46.
3. Yandex NV (MCX:YDEX): Decreased 0.92% or 38.00 points to 4,099.50.

Overall, rising stocks outnumbered declining ones on the Moscow Stock Exchange by 193 to 56, with 6 remaining unchanged.

The Russian VIX, which measures the implied volatility of MOEX Russia options, fell 1.47% to 28.14, marking another 1-month low.

Commodity Prices

• Gold Futures for December delivery rose 1.25% or 32.60 to $2,647.20 per troy ounce.
• Crude Oil for November delivery increased 0.13% or 0.09 to $71.25 a barrel.
• Brent Oil for November fell 0.23% or 0.17 to $74.71 a barrel.

Currency Exchange Rates

• USD/RUB: Up 0.19% to 92.35.
• EUR/RUB: Increased 0.21% to 103.10.

The US Dollar Index Futures was up 0.13% at 100.45.