Russia Stock Market Update

Investing.com – Russia stocks were lower after the close on Thursday, as losses in the Telecoms, Power, and Oil & Gas sectors led shares lower.

At the close in Moscow, the MOEX Russia Index declined 2.13% to hit a new 1-month low.

Best Performers

The best performers of the session on the MOEX Russia Index were:
– FGK Rusgidro PAO (MCX:HYDR): rose 2.03% or 0.01 points to trade at 0.50 at the close.
– Magnit PJSC (MCX:MGNT): added 1.77% or 78.00 points to end at 4,486.00.
– Aeroflot PJSC (MCX:AFLT): was up 1.52% or 0.81 points to 54.23 in late trade.

Worst Performers

The worst performers of the session were:
– PIK SHb PJSC (MCX:PIKK): fell 5.61% or 29.30 points to trade at 493.00 at the close.
– Rostelekom PJSC (MCX:RTKM): declined 3.42% or 2.10 points to end at 59.26.
– ROSSETI PJSC (MCX:FEES): was down 2.97% or 0.00 points to 0.07.

Falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 207 to 42, with 7 ending unchanged.

Shares in PIK SHb PJSC (MCX:PIKK) fell to 3-year lows; down 5.61% or 29.30 to 493.00. Shares in Rostelekom PJSC (MCX:RTKM) fell to 52-week lows, losing 3.42% or 2.10 to 59.26. Shares in ROSSETI PJSC (MCX:FEES) fell to 5-year lows, remaining unchanged at 0.07.

The Russian Volatility Index (RVI), which measures the implied volatility of MOEX Russia Index options, was up 0.71% to 41.28, a new 52-week high.

Commodity Trading

• Gold Futures for December delivery was down 1.67% or 46.70 to $2,754.10 a troy ounce.
• Crude oil for delivery in December rose 2.80% or 1.92 to hit $70.53 a barrel.
• The January Brent oil contract remained unchanged at $74.03 a barrel.

Currency Exchange

• USD/RUB was down 0.01% to 97.37.
• EUR/RUB rose 0.01% to 105.98.
• The US Dollar Index Futures was down 0.05% at 103.81.