Investing.com – Russia stocks were lower after the close on Thursday, as losses in the Mining, Power and Telecoms sectors led shares lower.
At the close in Moscow, the MOEX Russia Index lost 0.66%.
The best performers of the session on the MOEX Russia Index were Moskovskiy Kreditnyi Bank PAO (MCX:CBOM), which rose 0.76% or 0.05 points to trade at 6.33 at the close. Meanwhile, OK Rusal MKPAO (MCX:RUAL) added 0.13% or 0.05 points to end at 34.42 and Polyus PJSC (MCX:PLZL) was up 0.09% or 11.50 points to 13,524.50 in late trade.
The worst performers of the session were Magnitogorskiy Metallurgicheskiy Kombinat PAO (MCX:MAGN), which fell 8.19% or 3.63 points to trade at 40.66 at the close. Severstal PJSC (MCX:CHMF) declined 4.18% or 52.00 points to end at 1,191.20 and Novolipetsk Steel (MCX:NLMK) was down 4.07% or 5.68 points to 133.84.
Falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 195 to 45 and 14 ended unchanged.
Shares in Magnitogorskiy Metallurgicheskiy Kombinat PAO (MCX:MAGN) fell to 52-week lows; falling 8.19% or 3.63 to 40.66.
The Russian Volatility Index – RVI, which measures the implied volatility of MOEX Russia Index options, was up 0.26% to 27.08.
Gold Futures for December delivery was up 0.63% or 17.05 to $2,708.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 0.53% or 0.37 to hit $70.76 a barrel, while the December Brent oil contract fell 0.07% or 0.05 to trade at $74.47 a barrel.
USD/RUB was down 0.02% to 97.39, while EUR/RUB unchanged 0.00% to 105.49.
The US Dollar Index Futures was up 0.18% at 103.59.