Russia stocks lower at close of trade; MOEX Russia down 2.32%
Investing.com – Russia stocks were lower after the close on Friday, as losses in the Power, Mining and Telecoms sectors led shares lower.
At the close in Moscow, the MOEX Russia fell 2.32% to hit a new 52-week low.
The best performers of the session on the MOEX Russia were OK Rusal MKPAO (MCX:RUAL), which rose 4.53% or 1.43 points to trade at 33.13 at the close. Meanwhile, VK Company Ltd DRC (MCX:VKCO) added 2.02% or 7.40 points to end at 373.40 and ALROSA ao (MCX:ALRS) was up 1.81% or 0.96 points to 53.86 in late trade.
The worst performers of the session were GMK Norilskiy Nikel PAO (MCX:GMKN), which fell 4.89% or 5.80 points to trade at 113.10 at the close. FGK Rusgidro PAO (MCX:HYDR) declined 4.64% or 0.03 points to end at 0.55 and Magnitogorskiy Metallurgicheskiy Kombinat PAO (MCX:MAGN) was down 4.46% or 2.04 points to 43.66.
Falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 225 to 26 and 2 ended unchanged.
Shares in GMK Norilskiy Nikel PAO (MCX:GMKN) fell to 5-year lows; losing 4.89% or 5.80 to 113.10. Shares in FGK Rusgidro PAO (MCX:HYDR) fell to 3-years lows; falling 4.64% or 0.03 to 0.55. Shares in Magnitogorskiy Metallurgicheskiy Kombinat PAO (MCX:MAGN) fell to 52-week lows; losing 4.46% or 2.04 to 43.66.
The Russian VIX, which measures the implied volatility of MOEX Russia options, was down 0.18% to 38.50 a new 52-week high.
Gold Futures for December delivery was up 1.27% or 32.00 to $2,548.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 2.67% or 1.95 to hit $74.96 a barrel, while the October Brent oil contract rose 2.41% or 1.86 to trade at $79.08 a barrel.
USD/RUB was up 0.02% to 91.50, while EUR/RUB rose 0.73% to 102.41.
The US Dollar Index Futures was down 0.82% at 100.57.
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