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Russia shares lower at close of trade; MOEX Russia Index down 1.04%

Published 12/11/2024, 21:20
Updated 12/11/2024, 21:26
© Reuters.  Russia shares lower at close of trade; MOEX Russia Index down 1.04%
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Investing.com – Russia equities were lower at the close on Tuesday, as losses in the Telecoms, Oil & Gas and Power sectors propelled shares lower.

At the close in Moscow, the MOEX Russia Index fell 1.04%.

The biggest gainers of the session on the MOEX Russia Index were PIK SHb PJSC (MCX:PIKK), which rose 2.53% or 13.00 points to trade at 527.40 at the close. Moskovskiy Kreditnyi Bank PAO (MCX:CBOM) added 2.40% or 0.17 points to end at 7.07 and MMC NORILSK NICKEL PJSC (MCX:GMKN) was up 0.82% or 0.90 points to 113.60 in late trade.

Biggest losers included Rostelekom PJSC (MCX:RTKM), which lost 5.51% or 3.76 points to trade at 64.50 in late trade. Magnitogorskiy Metallurgicheskiy Kombinat PAO (MCX:MAGN) declined 3.66% or 1.42 points to end at 37.41 and Severstal PJSC (MCX:CHMF) shed 3.44% or 43.80 points to 1,228.60.

Declining stocks outnumbered rising ones by 148 to 97 and 11 ended unchanged on the Moscow Stock Exchange.

The Russian Volatility Index – RVI, which measures the implied volatility of MOEX Russia Index options, was down 2.43% to 36.10.

In commodities trading, Gold Futures for December delivery was down 0.49% or 12.75 to $2,604.95 a troy ounce. Meanwhile, Crude oil for delivery in December fell 0.03% or 0.02 to hit $68.02 a barrel, while the January Brent oil contract fell 0.07% or 0.05 to trade at $71.78 a barrel.

USD/RUB was up 2.36% to 98.25, while EUR/RUB rose 2.04% to 104.38.

The US Dollar Index Futures was up 0.37% at 105.85.

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