Russia stocks lower at close of trade; MOEX Russia Index down 1.29%

Investing.com – Russia stocks were lower after the close on Wednesday, as losses in the Telecoms, Oil & Gas and Mining sectors led shares lower.

At the close in Moscow, the MOEX Russia Index declined 1.29% to hit a new 1-month low.

The best performers of the session on the MOEX Russia Index were NOVATEK PJSC (MCX:NVTK), which rose 5.64% or 65.40 points to trade at 1,225.80 at the close. Meanwhile, Moskovskaya Birzha PJSC (MCX:MOEX) added 4.47% or 8.65 points to end at 202.34 and Transneft PJSC Pref (MCX:TRNF_p) was up 4.32% or 53.00 points to 1,280.00 in late trade.

The worst performers of the session were MMC NORILSK NICKEL PJSC (MCX:GMKN), which fell 0.70% or 0.80 points to trade at 120.00 at the close. Moskovskiy Kreditnyi Bank PAO (MCX:CBOM) declined 0.34% or 0.03 points to end at 8.92 and GDR ROS AGRO PLC ORD SHS (MCX:AGRODR) was 0.00% or 0.00 points to 1,083.80.

Falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 124 to 119 and 10 ended unchanged.

Shares in GDR ROS AGRO PLC ORD SHS (MCX:AGRODR) unchanged to 52-week lows; unchanged 0.00% or 0.00 to 1,083.80.

The Russian Volatility Index – RVI, which measures the implied volatility of MOEX Russia Index options, was down 2.86% to 46.60.

Gold Futures for June delivery was up 1.40% or 44.00 to $3,190.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 0.67% or 0.48 to hit $70.72 a barrel, while the June Brent oil contract fell 0.31% or 0.23 to trade at $73.49 a barrel.

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USD/RUB was unchanged 0.01% to 84.24, while EUR/RUB unchanged 0.00% to 91.29.

The US Dollar Index Futures was down 0.59% at 103.34.

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