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Russia shares lower at close of trade; MOEX Russia Index down 2.60%

Published 16/12/2024, 21:20
© Reuters.  Russia shares lower at close of trade; MOEX Russia Index down 2.60%
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Investing.com – Russia equities were lower at the close on Monday, as losses in the Telecoms, Mining and Oil & Gas sectors propelled shares lower.

At the close in Moscow, the MOEX Russia Index lost 2.60% to hit a new 52-week low.

The biggest gainers of the session on the MOEX Russia Index were Unipro PJSC (MCX:UPRO), which unchanged 0.18% or 0.00 points to trade at 1.64 at the close. T Tekhnologii MKPAO (MCX:TCSG) unchanged 0.00% or 0.00 points to end at 2,384.80 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 Magnitogorskiy Metallurgicheskiy Kombinat PAO (MCX:MAGN), which lost 4.79% or 1.49 points to trade at 29.60 in late trade. ADS Ozon Holdings PLC ORD SHS (MCX:OZONDR) declined 4.57% or 122.00 points to end at 2,546.00 and Polyus PJSC (MCX:PLZL) shed 4.52% or 618.50 points to 13,074.00.

Declining stocks outnumbered rising ones by 233 to 15 and 5 ended unchanged on the Moscow Stock Exchange.

The Russian Volatility Index – RVI, which measures the implied volatility of MOEX Russia Index options, was up 2.89% to 45.18.

In commodities trading, Gold Futures for February delivery was down 0.26% or 6.94 to $2,668.86 a troy ounce. Meanwhile, Crude oil for delivery in January fell 1.56% or 1.11 to hit $70.18 a barrel, while the February Brent oil contract fell 0.91% or 0.68 to trade at $73.81 a barrel.

USD/RUB was down 0.86% to 103.60, while EUR/RUB fell 0.80% to 108.86.

The US Dollar Index Futures was down 0.09% at 106.59.

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