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Russia stocks lower at close of trade; MOEX Russia down 0.56%

Published 07/12/2024, 05:20 PM
© Reuters. Russia stocks lower at close of trade; MOEX Russia down 0.56%
IMOEX
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FEES
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PIKK
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RTKM
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ALRS
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Investing.com – Russia stocks were lower after the close on Friday, as losses in the Oil & Gas, Power and Telecoms sectors led shares lower.

At the close in Moscow, the MOEX Russia fell 0.56% to hit a new 6-months low.

The best performers of the session on the MOEX Russia were Ros Agro PLC (MCX:AGRODR), which rose 7.97% or 114.00 points to trade at 1,544.00 at the close. Meanwhile, PIK (MCX:PIKK) added 1.53% or 13.10 points to end at 867.00 and Rostelekom PAO (MCX:RTKM) was up 0.82% or 0.69 points to 84.81 in late trade.

The worst performers of the session were ALROSA ao (MCX:ALRS), which fell 3.14% or 2.09 points to trade at 64.49 at the close. FSK EES (MCX:FEES) unchanged 2.76% or 0.00 points to end at 0.10 and OK Rusal MKPAO (MCX:RUAL) was down 2.71% or 1.10 points to 39.31.

Falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 167 to 78 and 6 ended unchanged.

Shares in ALROSA ao (MCX:ALRS) fell to 52-week lows; down 3.14% or 2.09 to 64.49.

The Russian VIX, which measures the implied volatility of MOEX Russia options, was up 4.60% to 27.31.

Gold Futures for August delivery was down 0.24% or 5.80 to $2,416.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 0.53% or 0.44 to hit $82.18 a barrel, while the September Brent oil contract fell 0.47% or 0.40 to trade at $85.00 a barrel.

USD/RUB was up 1.02% to 87.88, while EUR/RUB rose 1.37% to 95.84.

The US Dollar Index Futures was down 0.35% at 103.77.

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