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Russia stocks lower at close of trade; MOEX Russia Index down 2.06%

Published 11/25/2024, 04:20 PM
Updated 11/25/2024, 04:25 PM
© Reuters.  Russia stocks lower at close of trade; MOEX Russia Index down 2.06%
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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 Index fell 2.06% to hit a new 1-month low.

The best performers of the session on the MOEX Russia Index were Surgutneftegas PJSC Pref (MCX:SNGS_p), which rose 1.34% or 0.78 points to trade at 58.78 at the close. Meanwhile, GDR Globaltrans Inves ORD SHS (MCX:GLTRDR) unchanged 0.00% or 0.00 points to end at 519.25 and NOVATEK PJSC (MCX:NVTK) was down 0.02% or 0.20 points to 822.60 in late trade.

The worst performers of the session were ADS Ozon Holdings PLC ORD SHS (MCX:OZONDR), which fell 9.23% or 284.00 points to trade at 2,793.50 at the close. OK Rusal MKPAO (MCX:RUAL) declined 7.96% or 2.95 points to end at 34.15 and Bank VTB PJSC (MCX:VTBR) was down 5.37% or 3.98 points to 70.07.

Falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 231 to 20 and 4 ended unchanged.

Shares in NOVATEK PJSC (MCX:NVTK) fell to 52-week lows; losing 0.02% or 0.20 to 822.60. Shares in Bank VTB PJSC (MCX:VTBR) fell to all time lows; down 5.37% or 3.98 to 70.07.

The Russian Volatility Index – RVI, which measures the implied volatility of MOEX Russia Index options, was up 5.60% to 58.29 a new 52-week high.

Gold Futures for February delivery was down 3.11% or 85.10 to $2,652.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 3.06% or 2.18 to hit $69.06 a barrel, while the February Brent oil contract fell 2.73% or 2.04 to trade at $72.59 a barrel.

USD/RUB was up 0.29% to 103.99, while EUR/RUB rose 0.43% to 109.15.

The US Dollar Index Futures was down 0.62% at 106.84.

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