Russia stocks lower at close of trade; MOEX Russia Index down 0.98%

Investing.com – Russia stocks were lower after the close on Saturday, as losses in the Mining, Telecoms and Power sectors led shares lower.

At the close in Moscow, the MOEX Russia Index declined 0.98%.

The best performers of the session on the MOEX Russia Index were PhosAgro PJSC (MCX:PHOR), which rose 0.85% or 56.00 points to trade at 6,633.00 at the close. Meanwhile, TATNEFT n.a. V.D. Shashin (MCX:TATN) added 0.77% or 5.30 points to end at 693.90 and LUKOIL PJSC (MCX:LKOH) was up 0.73% or 53.00 points to 7,346.50 in late trade.

The worst performers of the session were PIK SHb PJSC (MCX:PIKK), which fell 5.80% or 36.30 points to trade at 590.00 at the close. AFK Sistema PJSC (MCX:AFKS) declined 3.25% or 0.63 points to end at 18.74 and VK Company Ltd (MCX:VKCO) was down 2.35% or 7.10 points to 294.40.

Falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 0 to 0.

The Russian Volatility Index – RVI, which measures the implied volatility of MOEX Russia Index options, was down 11.03% to 42.04.

Gold Futures for April delivery was down 0.74% or 22.40 to $3,021.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 0.26% or 0.18 to hit $67.89 a barrel, while the May Brent oil contract rose 0.22% or 0.16 to trade at $72.16 a barrel.

USD/RUB was down 0.50% to 84.50, while EUR/RUB fell 0.84% to 91.37.

The US Dollar Index Futures was up 0.24% at 103.74.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads.Which stock should you buy in your very next trade?

With valuations skyrocketing in 2024, many investors are uneasy putting more money into stocks. Unsure where to invest next? Get access to our proven portfolios and discover high-potential opportunities. In 2024 alone, ProPicks AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. That's an impressive track record. With portfolios tailored for Dow stocks, S&P stocks, Tech stocks, and Mid Cap stocks, you can explore various wealth-building strategies.

Unlock ProPicks AI