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Russia stocks lower at close of trade; MOEX Russia down 2.35%

Published 08/05/2024, 05:20 PM
© Reuters.  Russia stocks lower at close of trade; MOEX Russia down 2.35%
IMOEX
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Investing.com – Russia stocks were lower after the close on Monday, as losses in the Mining, Oil & Gas and Power sectors led shares lower.

At the close in Moscow, the MOEX Russia declined 2.35% 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, Moskovskiy Kreditnyi Bank OAO (MCX:CBOM) fell 0.10% or 0.01 points to end at 6.70 and PIK (MCX:PIKK) was down 0.69% or 5.20 points to 748.90 in late trade.

The worst performers of the session were AFK Sistema (MCX:AFKS), which fell 5.97% or 1.25 points to trade at 19.68 at the close. Ros Agro PLC (MCX:AGRODR) declined 5.95% or 76.60 points to end at 1,211.40 and Novolipetsk Steel PAO (MCX:NLMK) was down 4.68% or 7.76 points to 158.06.

Falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 238 to 13 and 3 ended unchanged.

Shares in Novolipetsk Steel PAO (MCX:NLMK) fell to 52-week lows; down 4.68% or 7.76 to 158.06.

The Russian VIX, which measures the implied volatility of MOEX Russia options, was up 4.58% to 31.04.

Gold Futures for December delivery was down 0.72% or 17.70 to $2,452.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.54% or 0.40 to hit $73.92 a barrel, while the October Brent oil contract rose 0.12% or 0.09 to trade at $77.34 a barrel.

USD/RUB was up 0.01% to 84.88, while EUR/RUB fell 0.01% to 92.94.

The US Dollar Index Futures was down 0.45% at 102.53.

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