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Russia shares lower at close of trade; MOEX Russia down 1.77%

Published 19/08/2024, 22:20
© Reuters.  Russia shares lower at close of trade; MOEX Russia down 1.77%
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Investing.com – Russia equities were lower at the close on Monday, as losses in the Telecoms, Mining and Oil & Gas sectors propelled shares lower.

At the close in Moscow, the MOEX Russia lost 1.77% to hit a new 52-week low.

The biggest gainers of the session on the MOEX Russia were TKS Holding MKPAO (MCX:TCSG), which rose 1.89% or 48.50 points to trade at 2,611.50 at the close. NOVATEK (MCX:NVTK) added 1.13% or 11.40 points to end at 1,019.80 and Bank VTB PAO (MCX:VTBR) was up 0.88% or 0.86 points to 98.71 in late trade.

Biggest losers included PIK (MCX:PIKK), which lost 3.20% or 24.90 points to trade at 752.90 in late trade. Rostelekom PAO (MCX:RTKM) declined 3.11% or 2.63 points to end at 81.90 and Moskovskaya Birzha OAO (MCX:MOEX) shed 3.02% or 6.69 points to 214.47.

Declining stocks outnumbered rising ones by 211 to 39 and 1 ended unchanged on the Moscow Stock Exchange.

The Russian VIX, which measures the implied volatility of MOEX Russia options, was up 1.23% to 31.23.

In commodities trading, Gold Futures for December delivery was up 0.19% or 4.80 to $2,542.60 a troy ounce. Meanwhile, Crude oil for delivery in October fell 2.29% or 1.73 to hit $73.81 a barrel, while the October Brent oil contract rose 0.04% or 0.03 to trade at $77.80 a barrel.

USD/RUB was up 0.01% to 89.83, while EUR/RUB rose 0.01% to 99.58.

The US Dollar Index Futures was down 0.57% at 101.72.

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