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Russia stocks lower at close of trade; MOEX Russia down 1.63%

Published 07/26/2024, 05:20 PM
Updated 07/26/2024, 05:25 PM
© Reuters.  Russia stocks lower at close of trade; MOEX Russia down 1.63%
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Investing.com – Russia stocks were lower after the close on Friday, as losses in the Telecoms, Mining and Power sectors led shares lower.

At the close in Moscow, the MOEX Russia lost 1.63%.

The best performers of the session on the MOEX Russia were Moskovskaya Birzha OAO (MCX:MOEX), which rose 3.08% or 7.14 points to trade at 239.30 at the close. Meanwhile, Magnit (MCX:MGNT) added 0.46% or 27.00 points to end at 5,929.50 and X5 Retail Group NV (MCX:FIVEDR) was unchanged 0.00% or 0.00 points to 2,798.00 in late trade.

The worst performers of the session were AFK Sistema (MCX:AFKS), which fell 7.71% or 1.81 points to trade at 21.66 at the close. PIK (MCX:PIKK) declined 6.09% or 51.50 points to end at 793.90 and Aeroflot (MCX:AFLT) was down 4.48% or 2.60 points to 55.46.

Falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 211 to 33 and 8 ended unchanged.

The Russian VIX, which measures the implied volatility of MOEX Russia options, was unchanged 0.00% to 26.90.

Gold Futures for August delivery was up 1.37% or 32.20 to $2,385.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 2.35% or 1.84 to hit $76.44 a barrel, while the September Brent oil contract fell 2.26% or 1.86 to trade at $80.51 a barrel.

USD/RUB was up 1.30% to 86.11, while EUR/RUB rose 1.40% to 93.47.

The US Dollar Index Futures was down 0.03% at 104.07.

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