Investing.com – Russia stocks were lower after the close on Tuesday, as losses in the Power, Telecoms and Mining sectors led shares lower.
At the close in Moscow, the MOEX Russia Index declined 2.57% to hit a new 52-week low.
The best performers of the session on the MOEX Russia Index were Moskovskiy Kreditnyi Bank PAO (MCX:CBOM), which rose 0.58% or 0.04 points to trade at 7.13 at the close. Meanwhile, Magnitogorskiy Metallurgicheskiy Kombinat PAO (MCX:MAGN) added 0.19% or 0.06 points to end at 32.01 and MMC NORILSK NICKEL PJSC (MCX:GMKN) was up 0.13% or 0.10 points to 104.10 in late trade.
The worst performers of the session were PIK SHb PJSC (MCX:PIKK), which fell 8.61% or 38.40 points to trade at 407.50 at the close. VK Company Ltd (MCX:VKCO) declined 7.38% or 19.40 points to end at 243.60 and Magnit PJSC (MCX:MGNT) was down 4.12% or 178.50 points to 4,151.50.
Falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 238 to 16 and 2 ended unchanged.
Shares in PIK SHb PJSC (MCX:PIKK) fell to 3-years lows; down 8.61% or 38.40 to 407.50. Shares in VK Company Ltd (MCX:VKCO) fell to all time lows; down 7.38% or 19.40 to 243.60. Shares in Magnit PJSC (MCX:MGNT) fell to 52-week lows; falling 4.12% or 178.50 to 4,151.50.
The Russian Volatility Index – RVI, which measures the implied volatility of MOEX Russia Index options, was up 4.76% to 64.76 a new 52-week high.
Gold Futures for February delivery was up 0.58% or 15.41 to $2,658.01 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 0.36% or 0.25 to hit $68.69 a barrel, while the February Brent oil contract fell 0.34% or 0.25 to trade at $72.23 a barrel.
USD/RUB was up 1.45% to 105.50, while EUR/RUB rose 1.39% to 110.66.
The US Dollar Index Futures was up 0.07% at 106.84.