Investing.com – Russia equities were lower at the close on Monday, as losses in the Mining, Telecoms and Power sectors propelled shares lower.
At the close in Moscow, the MOEX Russia lost 8.34% to hit a new 3-month low.
The biggest gainers of the session on the MOEX Russia were PIK (MCX:PIKK), which fell 0.79% or 2.50 points to trade at 312.90 at the close. MVideo (MCX:MVID) fell 1.96% or 8.00 points to end at 400.40 and NPK OVK PAO (MCX:UWGN) was down 2.17% or 16.0 points to 720.0 in late trade.
Biggest losers included Safmar Finansovye Investitsii PAO (MCX:SFIN), which lost 26.06% or 185.0 points to trade at 525.0 in late trade. United Company Rusal Plc (MCX:RUAL) declined 20.35% or 5.760 points to end at 22.550 and SG mechel (MCX:MTLR) shed 19.26% or 24.30 points to 101.85.
Declining stocks outnumbered rising ones by 237 to 9 and 9 ended unchanged on the Moscow Stock Exchange.
The Russian VIX, which measures the implied volatility of MOEX Russia options, was down 9.20% to 40.550 a new 52-week high.
In commodities trading, Gold Futures for June delivery was up 0.08% or 1.10 to $1337.20 a troy ounce. Meanwhile, Crude oil for delivery in May rose 2.01% or 1.25 to hit $63.31 a barrel, while the June Brent oil contract rose 1.98% or 1.33 to trade at $68.44 a barrel.
USD/RUB was up 3.78% to 60.3572, while EUR/RUB rose 4.12% to 74.3863.
The US Dollar Index Futures was down 0.28% at 89.57.