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Russia shares lower at close of trade; MOEX Russia down 3.90%

Published 02/09/2024, 22:20
Updated 02/09/2024, 22:25
© Reuters.  Russia shares lower at close of trade; MOEX Russia down 3.90%
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Investing.com – Russia equities were lower at the close on Monday, as losses in the Telecoms, Power and Mining sectors propelled shares lower.

At the close in Moscow, the MOEX Russia declined 3.90% to hit a new 52-week low.

The biggest gainers of the session on the MOEX Russia were Gazprom PAO (MCX:GAZP), which rose 0.49% or 0.60 points to trade at 123.57 at the close. HeadHunter Group PLC (MCX:HHRUDR) unchanged 0.00% or 0.00 points to end at 3,908.00 and X5 Retail Group NV (MCX:FIVEDR) was unchanged 0.00% or 0.00 points to 2,798.00 in late trade.

Biggest losers included FSK EES (MCX:FEES), which lost 11.00% or 0.01 points to trade at 0.08 in late trade. Moskovskiy Kreditnyi Bank OAO (MCX:CBOM) declined 10.29% or 0.67 points to end at 5.87 and Globaltrans Investment Gdr (MCX:GLTRDR) shed 8.15% or 37.40 points to 421.60.

Declining stocks outnumbered rising ones by 237 to 16 on the Moscow Stock Exchange.

The Russian VIX, which measures the implied volatility of MOEX Russia options, was up 0.91% to 39.00 a new 52-week high.

In commodities trading, Gold Futures for December delivery was up 0.16% or 4.10 to $2,531.70 a troy ounce. Meanwhile, Crude oil for delivery in October rose 0.67% or 0.49 to hit $74.04 a barrel, while the November Brent oil contract rose 0.47% or 0.36 to trade at $77.29 a barrel.

USD/RUB was down 0.01% to 89.79, while EUR/RUB fell 0.02% to 99.42.

The US Dollar Index Futures was down 0.05% at 101.57.

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