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Russia shares lower at close of trade; MOEX Russia Index down 2.00%

Published 04/12/2024, 21:20
Updated 04/12/2024, 21:25
© Reuters. Russia shares lower at close of trade; MOEX Russia Index down 2.00%
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Investing.com – Russia equities were lower at the close on Wednesday, as losses in the Mining, Oil & Gas and Power sectors propelled shares lower.

At the close in Moscow, the MOEX Russia Index lost 2.00%.

The biggest gainers of the session on the MOEX Russia Index were GDR Globaltrans Inves ORD SHS (MCX:GLTRDR), which unchanged 0.00% or 0.00 points to trade at 519.25 at the close. Aeroflot PJSC (MCX:AFLT) unchanged 0.00% or 0.00 points to end at 48.52 and GDR ROS AGRO PLC ORD SHS (MCX:AGRODR) was unchanged 0.00% or 0.00 points to 1,083.80 in late trade.

Biggest losers included MMC NORILSK NICKEL PJSC (MCX:GMKN), which lost 5.56% or 6.10 points to trade at 104.30 in late trade. OK Rusal MKPAO (MCX:RUAL) declined 5.41% or 1.92 points to end at 33.60 and Gazprom PJSC (MCX:GAZP) shed 5.08% or 6.17 points to 115.31.

Declining stocks outnumbered rising ones by 189 to 54 and 9 ended unchanged on the Moscow Stock Exchange.

The Russian Volatility Index – RVI, which measures the implied volatility of MOEX Russia Index options, was up 1.43% to 47.36.

In commodities trading, Gold Futures for February delivery was up 0.24% or 6.35 to $2,674.25 a troy ounce. Meanwhile, Crude oil for delivery in January fell 1.82% or 1.27 to hit $68.67 a barrel, while the February Brent oil contract fell 1.67% or 1.23 to trade at $72.39 a barrel.

USD/RUB was up 0.01% to 105.01, while EUR/RUB rose 0.00% to 110.36.

The US Dollar Index Futures was down 0.01% at 106.33.

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