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Russia shares lower at close of trade; MOEX Russia Index down 2.06%

Published 25/11/2024, 21:20
Russia shares lower at close of trade; MOEX Russia Index down 2.06%
IMOEX
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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 Index lost 2.06% to hit a new 1-month low.

The biggest gainers of the session on the MOEX Russia Index were Surgutneftegas PJSC Pref (MCX:SNGS_p), which rose 1.34% or 0.78 points to trade at 58.78 at the close. GDR Globaltrans Inves ORD SHS (MCX:GLTRDR) unchanged 0.00% or 0.00 points to end at 519.25 and NOVATEK PJSC (MCX:NVTK) was down 0.02% or 0.20 points to 822.60 in late trade.

Biggest losers included ADS Ozon Holdings PLC ORD SHS (MCX:OZONDR), which lost 9.23% or 284.00 points to trade at 2,793.50 in late trade. OK Rusal MKPAO (MCX:RUAL) declined 7.96% or 2.95 points to end at 34.15 and Bank VTB PJSC (MCX:VTBR) shed 5.37% or 3.98 points to 70.07.

Declining stocks outnumbered rising ones by 231 to 20 and 4 ended unchanged on the Moscow Stock Exchange.

The Russian Volatility Index – RVI, which measures the implied volatility of MOEX Russia Index options, was up 5.60% to 58.29 a new 52-week high.

In commodities trading, Gold Futures for February delivery was down 3.10% or 84.90 to $2,652.30 a troy ounce. Meanwhile, Crude oil for delivery in January fell 3.06% or 2.18 to hit $69.06 a barrel, while the February Brent oil contract fell 2.73% or 2.04 to trade at $72.59 a barrel.

USD/RUB was up 0.30% to 104.00, while EUR/RUB rose 0.43% to 109.15.

The US Dollar Index Futures was down 0.62% at 106.84.

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