Investing.com – Russia stocks were lower after the close on Monday, as losses in the Mining, Telecoms and Power sectors led shares lower.
At the close in Moscow, the MOEX Russia declined 8.34% to hit a new 3-months low.
The best performers of the session on the MOEX Russia were PIK (MCX:PIKK), which fell 0.79% or 2.50 points to trade at 312.90 at the close. Meanwhile, MVideo (MCX:MVID) fell 1.96% or 8.00 points to end at 400.40 and NPK OVK PAO (MCX:UWGN) was down 2.17% or 16.0 points to 720.0 in late trade.
The worst performers of the session were Safmar Finansovye Investitsii PAO (MCX:SFIN), which fell 26.06% or 185.0 points to trade at 525.0 at the close. United Company Rusal Plc (MCX:RUAL) declined 20.35% or 5.760 points to end at 22.550 and SG mechel (MCX:MTLR) was down 19.26% or 24.30 points to 101.85.
Falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 237 to 9 and 9 ended unchanged.
Shares in Safmar Finansovye Investitsii PAO (MCX:SFIN) fell to all time lows; losing 26.06% or 185.0 to 525.0. Shares in United Company Rusal Plc (MCX:RUAL) fell to 52-week lows; losing 20.35% or 5.760 to 22.550. Shares in NPK OVK PAO (MCX:UWGN) fell to 52-week lows; falling 2.17% or 16.0 to 720.0. Shares in SG mechel (MCX:MTLR) fell to 52-week lows; falling 19.26% or 24.30 to 101.85.
The Russian VIX, which measures the implied volatility of MOEX Russia options, was down 8.98% to 40.650 a new 52-week high.
Gold Futures for June delivery was up 0.19% or 2.60 to $1338.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 2.06% or 1.28 to hit $63.34 a barrel, while the June Brent oil contract rose 2.03% or 1.36 to trade at $68.47 a barrel.
USD/RUB was up 3.72% to 60.3266, while EUR/RUB rose 4.06% to 74.3472.
The US Dollar Index Futures was down 0.31% at 89.54.