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Russia stocks lower at close of trade; MOEX Russia Index down 1.50%

Published 10/02/2024, 05:20 PM
Updated 10/02/2024, 05:25 PM
© Reuters.  Russia stocks lower at close of trade; MOEX Russia Index down 1.50%
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Investing.com – Russia stocks were lower after the close on Wednesday, as losses in the Mining, Power and Telecoms sectors led shares lower.

At the close in Moscow, the MOEX Russia Index declined 1.50%.

The best performers of the session on the MOEX Russia Index were Surgutneftegas PJSC (MCX:SNGS), which rose 0.98% or 0.25 points to trade at 25.14 at the close. Meanwhile, TATNEFT n.a. V.D. Shashin Pref (MCX:TATN_p) added 0.97% or 6.20 points to end at 648.40 and TATNEFT n.a. V.D. Shashin (MCX:TATN) was up 0.46% or 3.00 points to 649.60 in late trade.

The worst performers of the session were Magnit PJSC (MCX:MGNT), which fell 3.67% or 192.50 points to trade at 5,051.50 at the close. VK Company Ltd (MCX:VKCO) declined 3.36% or 11.80 points to end at 339.00 and Moskovskiy Kreditnyi Bank PAO (MCX:CBOM) was down 3.30% or 0.21 points to 6.24.

Falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 210 to 37 and 7 ended unchanged.

The Russian Volatility Index – RVI, which measures the implied volatility of MOEX Russia Index options, was down 0.18% to 33.72.

Gold Futures for December delivery was down 0.38% or 10.20 to $2,680.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 1.69% or 1.18 to hit $71.01 a barrel, while the December Brent oil contract fell 0.04% or 0.03 to trade at $74.63 a barrel.

USD/RUB was down 0.03% to 95.63, while EUR/RUB rose 0.02% to 105.67.

The US Dollar Index Futures was up 0.45% at 101.39.

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