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Russia shares higher at close of trade; MOEX Russia Index up 1.65%

Published 08/11/2024, 21:20
Updated 08/11/2024, 21:25
© Reuters.  Russia shares higher at close of trade; MOEX Russia Index up 1.65%
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Investing.com – Russia equities were higher at the close on Friday, as gains in the Telecoms, Power and Oil & Gas sectors propelled shares higher.

At the close in Moscow, the MOEX Russia Index gained 1.65%.

The biggest gainers of the session on the MOEX Russia Index were ADS Ozon Holdings PLC ORD SHS (MCX:OZONDR), which rose 7.97% or 243.00 points to trade at 3,291.50 at the close. AFK Sistema PJSC (MCX:AFKS) added 6.67% or 0.91 points to end at 14.50 and VK Company Ltd (MCX:VKCO) was up 5.64% or 17.20 points to 322.00 in late trade.

Biggest losers included Polyus PJSC (MCX:PLZL), which lost 0.70% or 104.00 points to trade at 14,746.00 in late trade. GDR ROS AGRO PLC ORD SHS (MCX:AGRODR) declined 0.25% or 3.00 points to end at 1,220.00 and GDR Globaltrans Inves ORD SHS (MCX:GLTRDR) 0.00% or 0.00 points to 519.25.

Advancing stocks outnumbered falling ones by 187 to 63 and 6 ended unchanged on the Moscow Stock Exchange.

The Russian Volatility Index – RVI, which measures the implied volatility of MOEX Russia Index options, was up 4.93% to 36.00.

In commodities trading, Gold Futures for December delivery was down 0.53% or 14.35 to $2,691.45 a troy ounce. Meanwhile, Crude oil for delivery in December fell 2.60% or 1.88 to hit $70.48 a barrel, while the January Brent oil contract fell 2.09% or 1.58 to trade at $74.05 a barrel.

USD/RUB was down 0.40% to 97.60, while EUR/RUB fell 1.16% to 104.63.

The US Dollar Index Futures was up 0.42% at 104.81.

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