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Russia stocks lower at close of trade; MOEX Russia down 2.15%

Published 08/30/2024, 05:20 PM
Updated 08/30/2024, 05:25 PM
© Reuters.  Russia stocks lower at close of trade; MOEX Russia down 2.15%
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Investing.com – Russia stocks were lower after the close on Friday, as losses in the Telecoms, Power and Mining sectors led shares lower.

At the close in Moscow, the MOEX Russia lost 2.15% to hit a new 52-week low.

The best performers of the session on the MOEX Russia were X5 Retail Group NV (MCX:FIVEDR), which unchanged 0.00% or 0.00 points to trade at 2,798.00 at the close. Meanwhile, HeadHunter Group PLC (MCX:HHRUDR) unchanged 0.00% or 0.00 points to end at 3,908.00 and AFK Sistema (MCX:AFKS) was down 0.50% or 0.08 points to 16.05 in late trade.

The worst performers of the session were Globaltrans Investment Gdr (MCX:GLTRDR), which fell 15.54% or 84.45 points to trade at 459.10 at the close. Magnit (MCX:MGNT) declined 5.58% or 279.00 points to end at 4,720.00 and Gazprom PAO (MCX:GAZP) was down 5.58% or 7.27 points to 123.00.

Falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 218 to 27 and 8 ended unchanged.

Shares in Globaltrans Investment Gdr (MCX:GLTRDR) fell to 52-week lows; falling 15.54% or 84.45 to 459.10. Shares in Magnit (MCX:MGNT) fell to 52-week lows; falling 5.58% or 279.00 to 4,720.00.

The Russian VIX, which measures the implied volatility of MOEX Russia options, was down 6.27% to 33.34.

Gold Futures for December delivery was down 0.95% or 24.40 to $2,535.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 2.98% or 2.26 to hit $73.65 a barrel, while the November Brent oil contract fell 2.25% or 1.77 to trade at $77.05 a barrel.

USD/RUB was down 1.47% to 90.65, while EUR/RUB fell 1.73% to 100.15.

The US Dollar Index Futures was up 0.39% at 101.67.

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