Investing.com – Russia equities were lower at the close on Tuesday, as losses in the Power, Telecoms and Mining sectors propelled shares lower.
At the close in Moscow, the MOEX Russia Index fell 2.57% to hit a new 52-week low.
The biggest gainers of the session on the MOEX Russia Index were Moskovskiy Kreditnyi Bank PAO (MCX:CBOM), which rose 0.58% or 0.04 points to trade at 7.13 at the close. Magnitogorskiy Metallurgicheskiy Kombinat PAO (MCX:MAGN) added 0.19% or 0.06 points to end at 32.01 and MMC NORILSK NICKEL PJSC (MCX:GMKN) was up 0.13% or 0.10 points to 104.10 in late trade.
Biggest losers included PIK SHb PJSC (MCX:PIKK), which lost 8.61% or 38.40 points to trade at 407.50 in late trade. VK Company Ltd (MCX:VKCO) declined 7.38% or 19.40 points to end at 243.60 and Magnit PJSC (MCX:MGNT) shed 4.12% or 178.50 points to 4,151.50.
Declining stocks outnumbered rising ones by 238 to 16 and 2 ended unchanged on the Moscow Stock Exchange.
The Russian Volatility Index – RVI, which measures the implied volatility of MOEX Russia Index options, was up 4.76% to 64.76 a new 52-week high.
In commodities trading, Gold Futures for February delivery was up 0.59% or 15.49 to $2,658.09 a troy ounce. Meanwhile, Crude oil for delivery in January fell 0.38% or 0.26 to hit $68.68 a barrel, while the February Brent oil contract fell 0.33% or 0.24 to trade at $72.24 a barrel.
USD/RUB was up 1.45% to 105.50, while EUR/RUB rose 1.39% to 110.67.
The US Dollar Index Futures was up 0.06% at 106.84.