Russia stocks lower at close of trade; MOEX Russia Index down 2.47%

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

At the close in Moscow, the MOEX Russia Index fell 2.47% to hit a new 1-month low.

The best performers of the session on the MOEX Russia Index were Surgutneftegas PJSC Pref (MCX:SNGS_p), which rose 1.36% or 0.71 points to trade at 52.98 at the close. Meanwhile, Polyus PJSC (MCX:PLZL) added 0.30% or 5.20 points to end at 1,746.40 and GDR ROS AGRO PLC ORD SHS (MCX:AGRODR) was unchanged 0.00% or 0.00 points to 1,083.80 in late trade.

The worst performers of the session were Bank VTB PJSC (MCX:VTBR), which fell 7.35% or 5.72 points to trade at 72.14 at the close. OK Rusal MKPAO (MCX:RUAL) declined 7.32% or 2.69 points to end at 34.15 and T Tekhnologii MKPAO (MCX:T) was down 7.10% or 232.40 points to 3,040.00.

Falling stocks outnumbered advancing ones on the Moscow Stock Exchange by 230 to 19 and 5 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 up 5.16% to 51.98.

Gold Futures for June delivery was down 2.08% or 64.95 to $3,056.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 6.89% or 4.61 to hit $62.34 a barrel, while the June Brent oil contract fell 5.93% or 4.16 to trade at $65.98 a barrel.

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USD/RUB was up 0.72% to 84.47, while EUR/RUB fell 0.41% to 92.55.

The US Dollar Index Futures was up 0.83% at 102.64.

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